CMB Decision to Close Sites That Perform Unauthorized Forex Transactions

In its bulletin shared yesterday, the Capital Markets Board (CMB) announced that it has initiated action to block access to 39 unauthorized sites that enable people in Turkey to make leveraged transactions abroad.

Capital Markets Board (CMB), any on the internet without permission He was trying to fight against sites that perform forex transactions. In this context, we regularly saw that actions were taken against such sites.

Now there has been a new development on this issue. In the bulletin published by the CMB yesterday, it was announced that action was taken against many sites that were determined to carry out unauthorized transactions.

Access to 39 sites will be blocked

As a result of its investigations, the Board 39 websites were operating without permission Has detected. It was reported that it was decided to take action in accordance with the fourth paragraph of Article 39 of the Capital Markets Law in order to block access to these sites, which you can see above. CMB’s full statement is as follows:

For persons residing in Turkey Leveraged transactions were made abroad via the internet “It has been decided to take the necessary legal action in accordance with the fourth paragraph of Article 99 of the Capital Markets Law in order to block access to the websites determined and whose addresses are given.”

The article mentioned in the Capital Markets Law that enabled the decision to be taken is as follows: “In the event that information is obtained that money is collected from the public through crowdfunding platforms without permission from the Board or that leveraged transactions and derivative instrument transactions determined to be subject to the same provisions as leveraged transactions are made abroad via the internet for persons resident in Turkey, the Information Technologies and Communications Authority, upon the application of the board, It blocks access to the relevant website.”


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