Week of
Turkey's Capital Markets Board issued a trading ban and a batch of approvals, while Nigeria's SEC opened a consultation on cross-border trading and custody. The Turkish items come from two SPK bulletins. Bulletin 2026/42 imposes a six-month trading ban on two individuals in the shares of Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret AÅž, citing reasonable suspicion of market manipulation or fraud under the Capital Markets Law, and notes that special situation disclosures of non-listed companies are available on the SPK website. Bulletin 2026/43 is a weekly decisions summary rather than a rulemaking instrument, covering approvals of initial public offering prospectuses and issuance certificates, debt instrument issuance ceilings, a change in the shareholding structure of a portfolio management company, and other application results including mergers, fund conversions and capital increases. The Nigerian item is the week's only consultation paper and its only record originally in English: the SEC's proposed rules on cross-border securities trading and custody, open for comment through the Secretariat of the Rules Committee or the Director-General within two weeks of exposure. The week's weight sits with Turkey's three records against Nigeria's one, and the records differ in kind, with enforcement and approvals from Turkey and a forward-looking consultation from Nigeria.
Nigeria
PROPOSED RULES ON CROSS-BORDER SECURITIES TRADING AND CUSTODY
The Securities and Exchange Commission (SEC) Nigeria has published proposed rules on cross-border securities trading and custody for public consultation. Comments must be submitted to the Secretariat of the Rules Committee via [email protected] or through the Director-General of the SEC no later than two weeks from the date of exposure. The proposal is part of the SEC's mandate to regulate and develop Nigeria's capital market.
Consultation paperPublished in EnglishEnglish
Türkiye
CAPITAL MARKETS BOARD BULLETIN 2026/42
The Capital Markets Board of Turkey (SPK) bulletin announces a temporary trading ban on two individuals in the shares of Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret AŞ (HKTM) due to reasonable suspicion of market manipulation or fraud under Articles 107/1 or 104 of the Capital Markets Law No. 6362. The ban applies for six months starting from transactions dated 30.06.2026, based on Article 128/1-(a) and the Communiqué on Measures in Insider Trading and Market Manipulation Investigations No. V-101.1. The bulletin also notes that special situation disclosures of non-listed companies are available on the SPK website.
OtherTranslated to EnglishTurkishCAPITAL MARKETS BOARD BULLETIN 2026/43
The Capital Markets Board of Türkiye (SPK) bulletin 2026/43 announces its weekly decisions, including approvals of initial public offering prospectuses and issuance certificates for various companies, debt instrument issuance ceilings, changes in the shareholding structure of a portfolio management company, and other application results such as mergers, fund conversions, and capital increases. It is an informational bulletin summarizing regulatory approvals rather than a new rulemaking instrument.
OtherTranslated to EnglishTurkishLicensingCorporate governance
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