NEWSLETTER-2017

214 NEWSLETTER 2017 Amendments to the Communiqué on Disclosure of Material Events* Att. Selen Ozturk Ceyhan Introduction Ensuring that the capital markets operate in a fair, trustworthy, efficient and stable manner, and enabling investors to reach complete and precise information, is significant for capital markets transactions. The Communiqué On Disclosure of Material Events (“Communiqué” or “Communiqué On Disclosure of Material Events”), which was pub- lished in the Official Gazette dated 23 January 2014 and numbered 28891, regulates the principles and procedures regarding the public disclosure of value and price of capital market instruments, or other information, circumstances and developments that may affect invest- ment decisions of investors 1 . The Communiqué Amending the Communiqué on Disclosure of Material Events, published in the Official Gazette, dated 10 February 2017, and numbered 29975, amended various provisions of the Com- muniqué. This newsletter article analyzes such significant amend- ments to the Communiqué on Disclosure of Material Events. Amendments to the Communiqué on Disclosure of Material Events The new provisions on the Communiqué on Disclosure of Mate- rial Events relate to certain categories regulated under the Communi- qué. This article analyzes the amendments with respect to the articles that they relate to. * Article of February 2017 1 For detailed information see Ali Sami Er , Renewed Communiqué and Guide for Disclosure of Material Events, http://www.erdem-erdem.av.tr/publications/law- post/renewed-communiqué-and-guide-for-disclosure-of-material-events/.