Capital Markets Regulation on Leveraged Foreign Exchange Transactions: Is the Task Complete?

Date: 7 December 2011

Publication: Capital Markets Regulation on Leveraged Foreign Exchange Transactions: Is the Task Complete?

Publishers: International Bureau of Fiscal Documentation (IBFD)

Synopsis:

A number of international and local foreign exchange trading houses were expecting the Turkish Capital Markets Board (CMB) to legitimize their activities in the Turkish market by issuing the required framework regulation. On 27 August 2011, the CMB finally issued Regulation V/125.1. This article analyses the trading framework as introduced by Regulation V/125 together with its tax ramifications.

Author: Ali ŞanverTax

Download: Access the article here

IBFD Legend:
Title: Turkey - Capital Markets Regulation on Leveraged Foreign Exchange Transactions: Is the Task Complete?
Author: Sanver, A.
Country: Turkey
Journal: Derivatives & Financial Instruments
Issue: 2011 (Volume 13), No. 6 (Next Issue)
Published online: 31 Oct 2011
Publication Section: Recent Developments


 

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