An important protocol was signed between SPK and the Union of Turkish Bar Associations.

Collaboration Between SPK and Lawyers

İbrahim Ömer Gönül, the Chairman of the Capital Markets Board (SPK), made significant statements at the protocol ceremony held with the Turkish Bar Association (TBB) recently. This collaboration stands out as a step taken to strengthen the legal infrastructure of capital markets.

The Integrating Role of Law and Capital Markets

In his speech, Gönül emphasized the critical importance of lawyers in the markets, stating, “The role of law and the profession of lawyering in capital markets is distinct.” He pointed out that the contribution of lawyers is vital in various areas, from initial public offerings to corporate mergers, and expressed that law must deepen with financial literacy.

Digitalization and Law: A New Era

Gönül noted that capital markets have undergone a rapid transformation in recent years and that digitalization has deepened legal evaluations. He stated, “In addition to mastering the legislation, understanding financial concepts has become essential for lawyers.” Increasing the financial literacy level of lawyers will help protect investors' rights and prevent disputes, while also playing an effective role in establishing market discipline.

Financial Literacy Day and Global Money Week

In addition to the steps taken today, the designation of May 22 as “Financial Literacy Day” by the Presidential Circular holds significance. Additionally, Turkey has been given the national coordination responsibility for the “Global Money Week” events organized by the OECD International Financial Education Network. Gönül stated that these efforts aim to increase the financial awareness level of society.

Collaboration Shaping the Future

The signed protocol aims to strengthen the knowledge of lawyers in capital markets and enhance joint training and awareness activities. Gönül emphasized that this cooperation is not a private gain but a significant investment in the future of our country’s capital markets.