2027-2029 MTP: A new era in capital markets and financial technologies

According to the information compiled by the AA correspondent from the MTP covering the 2027-2029 period, steps towards investors and capital markets will continue in the coming period.

In this context, the regulatory framework will be reviewed in order to increase the efficiency of capital markets.

In addition, capital markets will be deepened by updating and developing the share markets.

The regulatory framework regarding investment services and activities, establishment and operating principles of investment institutions, capital and capital adequacy obligations of intermediary institutions, and margin trading, short selling and borrowing and lending transactions of capital market instruments will be reviewed in a holistic manner.

Turkish lira savings and investment instruments will be diversified

An "Investor Risk Center" will be established and an "Investor Risk Tracking System" will be established for the purpose of holistic monitoring of risks originating from investors and investment firms in capital markets, detection of systemic risks and early warning.

On the other hand, capital markets will be deepened by diversifying Turkish lira savings and investment instruments.

Regulations will be made to enable companies to benefit more from the opportunities offered by capital markets, and the increase in qualified public offerings will be supported.

Legislation, system, operation and market harmonization studies will be completed to shorten the clearing period in the share market. In addition, market classification criteria in the equity market will be updated to reflect liquidity and volatility characteristics more effectively.

In order to increase the effectiveness of the rating and independent audit sectors, the relevant legislation will be improved in line with international practices.

Efforts to disseminate financial technologies will continue

In order to popularize financial technologies, within the scope of MTP, the regulatory infrastructure for these technologies will be developed, and the scale, effectiveness and security of these activities will be increased and their dissemination will be ensured.

Infrastructure work for the introduction and dissemination of the digital Turkish lira will be completed by addressing its economic, legal and security dimensions.

Studies will be carried out to support the increased prevalence of data sharing services in payment services with Instant and Continuous Transfer of Funds (FAST) and FAST layer services.

Cyber security resilience of payment and electronic money institutions will be increased

Studies will be carried out to increase the prevalence of use of the local and national card scheme TROY in card payments.

Regulations will be made to increase the resilience level of payment and electronic money institutions in the field of cyber security.

Regulatory efforts will continue to strengthen the payment services ecosystem where innovative financial services are offered and high value-added applications and initiatives emerge.

On the other hand, the procedures and principles regarding the issuance and recording of capital market instruments as crypto assets will be determined.