February 2026
Turkey Sanctions for Non-Compliance
Information
The Capital Markets Board of Türkiye (CMB) holds broad authority to demand information and conduct on-site inspections. Failing to comply with these requests or breaching disclosure rules carries significant legal consequences.
Key Sanctions for Non-Compliance
| Type of Penalty | Specifics |
| Imprisonment | Between 2 to 5 years for individuals involved in disclosure breaches. |
| Criminal Fines | Calculated daily (TL 100 – TL 500 per day) for a duration of 2 to 5 years. |
| Administrative Fines | Ranging from approximately TL 354,804 to TL 4.435 million. |
Our Thoughts
It is a general trend that sanctions are increasing worldwide for non-compliance of disclosure.
The above content is purely for information and does not purport to offer legal or professional counsel.