For the purpose of harmonisation with the European Union and the satisfaction of market needs, during the last couple of months the Capital Markets Board (CMB) has tightened its working schedules on the drafting of new communiqués. The CMB started the 2009 legislative marathon with a head start effecting eight new communiqués, some of which mediated the introduction of new capital market instruments into the Turkish markets while others enlightened the grey areas and amended the existing communiqués.