The Capital Markets Board (SPK) imposed an administrative fine of 32 million 795 thousand 908 liras on JP Morgan, the largest bank in the USA, for its market abuse actions in Borsa Istanbul. The board also approved the public offering of the two companies.
CMB, in its weekly bulletin, said, “As a result of the examination of the transactions carried out in Borsa Istanbul AŞ markets, JP Morgan Securities PLC said, “No. VI-104.1 Market Breaker Violation of clauses a, b, d, e and f of the first paragraph of article 5 of the Communiqué on Actions” on the grounds 32 million 795 thousand 908 lira administrative fine announced its implementation.
The Board also approved the public offering application of Bien Yapı for 42.8 liras and Kayseri Şeker for 16.27 liras. The 110 million TL bonus issue of Anatolia Tan and Biotechnology Products Research and Development Industry and Trade Inc. was approved by the board.
Other decisions of the CMB
Anatolia Tani ve Biotechnology Products Research and Development Industry and Trade Inc. approved the 110 million lira bonus capital increase.
The Board also 110 million poundsTera Yatırım Menkul Değerler A.Ş. 140 million poundsAta Yatırım Menkul Kıymetler A.Ş. 65 million pounds170 million TL of Çağdaş Faktoring AŞ, Tacirler Yatırım Menkul Değerler AŞ 350 million poundshas allowed Halk Investment Menkul Değerler A.Ş. to issue a debt instrument of 1 billion 840 million liras.
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Other decisions of the CMB include the authorization of an intermediary institution named Blupay Menkul Değerler AŞ, the inclusion of Ziraat Yatırım Menkul Değerler AŞ in the list of “Entities Authorized to Valuation of Assets Other than Real Estate” and the share-based acquisition of Nar Crowdfunding Platform AŞ. authorization to engage in crowdfunding activity was also included.
Source :
https://www.ntv.com.tr/ntvpara/spkdan-jp-morgana-para-cezasi,OjivTdENoUK0-8y7va1frg