{"id":12632,"date":"2026-05-15T05:56:43","date_gmt":"2026-05-15T05:56:43","guid":{"rendered":"https:\/\/virconlegal.com\/term\/spk-sermaye-piyasasi-kurulu\/"},"modified":"2026-05-15T06:04:17","modified_gmt":"2026-05-15T06:04:17","slug":"spk-sermaye-piyasasi-kurulu","status":"publish","type":"term","link":"https:\/\/virconlegal.com\/tr\/term\/spk-sermaye-piyasasi-kurulu\/","title":{"rendered":"SPK (Sermaye Piyasas\u0131 Kurulu)"},"content":{"rendered":"<h3>TLDR:<\/h3>\n<p>Sermaye Piyasas\u0131 Kurulu (SPK), T\u00fcrkiye&#8217;nin birincil sermaye piyasas\u0131 d\u00fczenleyicisidir; halka arzlar\u0131, yat\u0131r\u0131m fonlar\u0131n\u0131, borsalar\u0131 (BIST), arac\u0131l\u0131k ve portf\u00f6y y\u00f6netim firmalar\u0131n\u0131 ve\u20142025&#8217;ten beri\u2014kripto varl\u0131k hizmet sa\u011flay\u0131c\u0131lar\u0131n\u0131 denetler. SPK 1981&#8217;de kuruldu ve 2012 tarihli Sermaye Piyasas\u0131 Kanunu (Kanun No. 6362) kapsam\u0131nda faaliyet g\u00f6sterir.<\/p>\n<h3>SPK&#8217;n\u0131n Yetkisi<\/h3>\n<p>SPK&#8217;n\u0131n temel sorumluluklar\u0131 \u015funlar\u0131 i\u00e7erir: halka a\u00e7\u0131k menkul k\u0131ymet tekliflerini d\u00fczenleme (IPO&#8217;lar, takip teklifleri, bor\u00e7 ihra\u00e7lar\u0131), <a href=\"https:\/\/virconlegal.com\/tr\/term\/ikincil-piyasa\/\">ikincil piyasa<\/a> operasyonlar\u0131n\u0131 denetleme (Borsa \u0130stanbul listelemeleri, ticaret kurallar\u0131, g\u00f6zetim), yat\u0131r\u0131m kurulu\u015flar\u0131n\u0131 yetkilendirme ve denetleme (arac\u0131l\u0131k firmalar\u0131, portf\u00f6y y\u00f6netim firmalar\u0131, yat\u0131r\u0131m fonlar\u0131, gayrimenkul yat\u0131r\u0131m ortakl\u0131klar\u0131), halka a\u00e7\u0131k \u015firketlerin a\u00e7\u0131klama y\u00fck\u00fcml\u00fcl\u00fcklerini uygulama, piyasa suistimalini soru\u015fturma (i\u00e7eriden \u00f6\u011frenen ticareti, piyasa manip\u00fclasyonu), yat\u0131r\u0131mc\u0131 haklar\u0131n\u0131 koruma ve\u2014yeni olarak 2025 d\u00fczenlemesi alt\u0131nda\u2014kripto varl\u0131k hizmet sa\u011flay\u0131c\u0131lar\u0131n\u0131 (CASP&#8217;ler) lisanslama ve denetleme.<\/p>\n<h3>Anahtar SPK D\u00fczenlemeleri<\/h3>\n<p>Sermaye Piyasas\u0131 Kanunu (SerPK, 6362) \u00e7er\u00e7eveyi sa\u011flar. SPK kapsaml\u0131 ikincil d\u00fczenleme (tebli\u011fler) yay\u0131mlam\u0131\u015ft\u0131r: halka arzlar i\u00e7in prospekt\u00fcs gereksinimleri (II-5.1), listeli \u015firketler i\u00e7in <a href=\"https:\/\/virconlegal.com\/tr\/term\/kurumsal-yonetim\/\">kurumsal y\u00f6netim<\/a> ilkeleri (II-17.1 serisi), <a href=\"https:\/\/virconlegal.com\/tr\/term\/devralma\/\">devralma<\/a> teklifleri ve zorunlu pay al\u0131m teklifleri (II-26.1), yat\u0131r\u0131m fonlar\u0131 (III-52.1), kripto varl\u0131k hizmet sa\u011flay\u0131c\u0131lar\u0131 (2025\u2014b\u00fcy\u00fck son d\u00fczenleme), piyasa manip\u00fclasyonu ve d\u00fczinelerce di\u011fer konu. SPK d\u00fczenlemeleri son derece tekniktir ve s\u0131k g\u00fcncellenir.<\/p>\n<h3>SPK ve Yat\u0131r\u0131m Hukuku Uygulamas\u0131<\/h3>\n<p>Yat\u0131r\u0131m avukatlar\u0131 ve M&amp;A uygulay\u0131c\u0131lar\u0131 i\u00e7in SPK d\u00fc\u015f\u00fcnceleri s\u0131k s\u0131k ortaya \u00e7\u0131kar: halka a\u00e7\u0131k \u015firket M&amp;A i\u015flemleri belirli sahiplik e\u015fiklerinde (%25, %50) SPK a\u00e7\u0131klama ve zorunlu pay al\u0131m teklifi gereksinimlerini tetikler; SPK d\u00fczenlenmi\u015f yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131 kullanan \u00f6zel \u015firket finansmanlar\u0131 (<a href=\"https:\/\/virconlegal.com\/tr\/term\/girisim-sermayesi-yatirim-fonu-gsyf-2\/\">Giri\u015fim Sermayesi Yat\u0131r\u0131m Fonu<\/a>, <a href=\"https:\/\/virconlegal.com\/tr\/term\/bireysel-katilim-yatirimcisi-bky-2\/\">Bireysel Kat\u0131l\u0131m Yat\u0131r\u0131mc\u0131s\u0131<\/a> vergi te\u015fvikleri); T\u00fcrk halka a\u00e7\u0131k varl\u0131klar\u0131 etkileyen s\u0131n\u0131r \u00f6tesi anla\u015fmalar; yap\u0131land\u0131r\u0131lm\u0131\u015f \u00fcr\u00fcnler ve menkul k\u0131ymetle\u015ftirme; ve giderek artan bi\u00e7imde kripto varl\u0131k teklifleri ve borsa operasyonlar\u0131. SPK yat\u0131r\u0131mc\u0131 koruma oda\u011f\u0131n\u0131 korurken yeni finansal yap\u0131larla etkile\u015fime girme iste\u011fi g\u00f6stermi\u015ftir. Son atamalar verimli d\u00fczenlemeyi vurgulayan daha pazar odakl\u0131 liderlik getirmi\u015ftir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR: Sermaye Piyasas\u0131 Kurulu (SPK), T\u00fcrkiye&#8217;nin birincil sermaye piyasas\u0131 d\u00fczenleyicisidir; halka arzlar\u0131, yat\u0131r\u0131m fonlar\u0131n\u0131, borsalar\u0131 (BIST), arac\u0131l\u0131k ve portf\u00f6y y\u00f6netim firmalar\u0131n\u0131 ve\u20142025&#8217;ten beri\u2014kripto varl\u0131k hizmet sa\u011flay\u0131c\u0131lar\u0131n\u0131 denetler. SPK 1981&#8217;de kuruldu ve 2012 tarihli Sermaye Piyasas\u0131 Kanunu (Kanun No. 6362) kapsam\u0131nda faaliyet g\u00f6sterir. SPK&#8217;n\u0131n Yetkisi SPK&#8217;n\u0131n temel sorumluluklar\u0131 \u015funlar\u0131 i\u00e7erir: halka a\u00e7\u0131k menkul k\u0131ymet tekliflerini d\u00fczenleme [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"categories":[],"class_list":["post-12632","term","type-term","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term"}],"about":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/types\/term"}],"author":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/comments?post=12632"}],"version-history":[{"count":1,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12632\/revisions"}],"predecessor-version":[{"id":12884,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12632\/revisions\/12884"}],"wp:attachment":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/media?parent=12632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/categories?post=12632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}