Financial Regulatory Forum

Turkey plans to pass capital reforms by end-March

December 22, 2009

    ISTANBUL, Dec 22 (Reuters) – Turkey plans to pass a European Union-sought capital markets reform bill through parliament  before the end of March at the latest, the Capital Markets Board chairman said on Tuesday.
   Vedat Akgiray told a conference that the authority to supervise foreign exchange markets was granted to the Capital Markets Board, and he expected a related regulation to become law in the first two weeks of January. (Reporting by Birsen Altayli)
 ((selcuk.gokoluk@reuters.com; +90 312 292 7012; Reuters messaging: selcuk.gokoluk.reuters.com@reuters.net))
 Keywords: TURKEY REFORM/CAPITAL
  
Tuesday, 22 December 2009 08:41:10RTRS [nLDE5BL0CD] {C}ENDS

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