Best Funds & Asset Management Lawyers in Erenler

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Sakarya Avukat Turan & Karakoç Avukatlık Ofisi
Erenler, Turkey

Founded in 2018
15 people in their team
Turkish
Sakarya Avukat TURAN & KARAKOÇ Avukatlık Ofisi Av. Mehmet Ali TURAN ve Av. Murat KARAKOÇ tarafından kurulmuştur. Sakarya’da Avukat olarak sahip olduğumuz kurumsal ve profesyonel çalışma anlayışı ile başta Sakarya’da Boşanma Avukatı,...
AS SEEN ON

1. About Funds & Asset Management Law in Erenler, Turkey

In Erenler, as in the rest of Turkey, funds and asset management are primarily governed by national rules sponsored by the Capital Markets Board of Turkey (Sermaye Piyasası Kurulu - SPK). The framework covers investment funds, asset management companies (varlık yönetim Şirketleri), portfolio management, and related disclosures to investors. Local districts like Erenler do not have separate funds regulations; however, residents and local businesses must comply with SPK rules when offering or investing in funds.

Key concepts you will encounter include investment funds (yatırım fonları), real estate investment funds (gayrimenkul yatırım fonları), and the duties of custodians and portfolio managers. The structure aims to protect retail investors, ensure proper risk disclosure, and maintain market integrity. If you are considering launching a fund in the Erenler area or investing in one, a Funds & Asset Management lawyer can help interpret SPK requirements, draft fund documents, and ensure compliance with Turkish law.

SPK monitors and regulates the capital markets in Turkey, including investment funds and asset management companies, to protect investors and maintain market integrity.

Sermaye Piyasası Kurulu (SPK) and Resmi Gazete are the authoritative sources for the laws and regulations governing funds and asset management. Practical guidance for residents of Erenler is found in SPK regulations and official notices, which also set out licensing, disclosure, and governance requirements.

2. Why You May Need a Lawyer

  • Establishing a local investment fund in the Sakarya region - If you want to pool local capital for a business or development project in Erenler, you will need SPK licensing, fund prospectuses, and governance documents. A lawyer helps prepare the fund’s charter, risk disclosures, and custodian arrangements.
  • Challenging or reviewing fund terms and disclosures - If you are an investor and the fund prospectus, risk statements, or redemption terms seem unclear or misleading, legal review ensures compliance with SPK rules and investor protections.
  • Addressing disputes with an asset management company - Local residents or business clients may encounter fee disputes, performance claims, or misrepresentation. A lawyer can file complaints with SPK and guide you through possible remedies.
  • Real estate investment funds and local asset acquisitions - For funds investing in Erenler area properties, a lawyer helps with regulatory due diligence, property law compliance, and disclosures to investors about real estate risk.
  • Cross-border fund structures or tax considerations - If a fund has foreign investors or cross-border investments, a lawyer will align fund documents with Turkish tax and reporting obligations and help with any cross-border regulatory filings.
  • Regulatory changes and ongoing compliance - Turkish capital markets law evolves with amendments. A lawyer helps track changes, update fund documents, and maintain SPK-compliant operations.

3. Local Laws Overview

Two to three primary legal instruments govern Funds & Asset Management in Turkey, including Erenler. These instruments establish licensing, operating standards, and investor protections for investment funds and asset management activities.

  • Capital Markets Law No. 6362 (Sermaye Piyasası Kanunu) - Governs capital markets activities, including the offering and trading of securities, investment funds, and supervision by SPK. It provides the overarching framework for how funds are established, marketed, and regulated in Turkey. SPK overview and Official Gazette for the Law text.
  • Regulation on Investment Funds (Yatırım Fonları Hakkında Yönetmelik) - Sets out the establishment, governance, disclosure, and risk management requirements for investment funds operating in Turkey. This regulation is implemented under SPK authority and is frequently updated to reflect market practice.
  • Regulation on Asset Management Companies (Varlık Yönetim Şirketleri Hakkında Yönetmelik) - Regulates licensing, supervision, and operations of asset management firms that manage investment funds and portfolios for clients. This regulation ensures qualified personnel, segregated assets, and proper risk controls.

Recent adjustments to these bodies of law and regulations occur through SPK amendments and updates published in the Official Gazette. For precise texts and dates, consult the SPK website and the Official Gazette. Key sources include SPK pages and the Official Gazette, which provide current versions and dates of enactment.

Recent Turkish capital markets developments focus on enhanced disclosure, fund governance, and risk controls for asset management firms.

For official texts and updates, see:

4. Frequently Asked Questions

What is a Turkish investment fund and who regulates it?

An investment fund pools investors' money into a collective investment scheme and is regulated by SPK. The fund is managed by a licensed asset management company and overseen by a custodian bank. Compliance with disclosure and risk management requirements is essential.

How do I start a funds operation in Erenler, Turkey?

Begin by defining the fund type and investor base, then obtain SPK licensing through the asset management company you hire. You will prepare a prospectus, fund charter, and risk disclosures, and appoint a custodian. A lawyer coordinates documentation and regulatory filings.

When does an investment fund need SPK approval?

Approval is required before marketing or selling the fund to Turkish investors. The registration process includes submitting the fund's prospectus, governance framework, and compliance program to SPK for review.

Where can I file a complaint about an asset management firm in Turkey?

You can file complaints with SPK through its official channels or with the relevant consumer protection or financial services regulators. SPK investigations can lead to corrective actions or sanctions against non-compliant firms.

Why should I hire a local lawyer for funds and asset management?

A local lawyer understands Turkish regulatory procedures, filing timelines, and language in official documents. They help ensure compliance with SPK rules and protect your rights in disputes or enforcement actions.

Can a non-Turkish investor participate in Turkish investment funds?

Yes, Turkish funds can accept non-Turkish investors, but there are additional regulatory, tax, and reporting considerations. A lawyer helps structure the fund to comply with cross-border requirements.

Should I review a fund's prospectus before investing?

Yes. The prospectus contains risk factors, fees, and redemption terms. A lawyer can interpret the language and highlight clauses that affect liquidity, fees, or investor rights.

Do I need to understand the difference between a fund and portfolio management service?

Yes. Funds pool investors' money into a collective instrument, while portfolio management services involve managing assets on behalf of clients individually. The regulatory framework and disclosures differ for each approach.

How long does it take to establish a new investment fund in Turkey?

Phases include drafting documents, SPK pre-approval if required, and final registration. Depending on complexity, the process typically spans several weeks to a few months.

What costs are typically involved in setting up a fund in Erenler?

Costs include legal fees, SPK filing and licensing fees, drafting and auditing expenses, and ongoing compliance costs. A lawyer can provide a detailed cost estimate during engagement.

Is a real estate investment fund (GYO) governed differently from other funds?

Real estate funds are subject to similar SPK governance and disclosure standards, but may involve additional property-related compliance and asset valuation requirements. A lawyer helps align the fund with real estate investment rules.

Do I need ongoing counsel after a fund is launched?

Yes. Ongoing counsel supports annual disclosures, regulatory updates, investor communications, and any SPK audits or investigations. Regular reviews help maintain compliance and investor trust.

5. Additional Resources

  • Sermaye Piyasası Kurulu (SPK) - The Turkish Capital Markets Board responsible for licensing, supervision, and regulation of investment funds and asset management in Turkey. spk.gov.tr
  • Resmi Gazete - Official source for the texts of laws and regulations, including Capital Markets Law No. 6362 and related regulations. resmigazete.gov.tr
  • Gelir İdaresi Başkanlığı (GİB) - Turkish Tax Administration providing guidance on taxation of funds, distributions, and cross-border investments. gib.gov.tr

6. Next Steps

  1. Define your objectives and type of fund or asset management arrangement you need in Erenler, noting investor base and intended assets.
  2. Gather key documents such as business plans, prospective fund terms, and any existing contracts or investor agreements.
  3. Identify local funds and asset management lawyers with Turkish regulatory experience and check for SPK and bar association credentials.
  4. Contact shortlisted lawyers for an initial consultation to assess approach, timelines, and fee structure.
  5. Request a written engagement letter outlining scope, fees, and compliance obligations for SPK filings and disclosures.
  6. Prepare fund documents with your lawyer, including prospectus, participant agreements, and risk disclosures.
  7. Submit required SPK filings, commence ongoing compliance planning, and set a review schedule for regulatory updates.

Lawzana helps you find the best lawyers and law firms in Erenler through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Funds & Asset Management, experience, and client feedback.

Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.

Get a quote from top-rated law firms in Erenler, Turkey — quickly, securely, and without unnecessary hassle.

Disclaimer:

The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.

We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.