Turkey's SPK files criminal complaints and bans trading in Ozata Denizcilik probe

September 26, 2026 at 12:30 AM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Turkey's Capital Markets Board (SPK) filed criminal complaints against 11 people over trading in Ozata Denizcilik shares and imposed two-year trading bans on 13 individuals and institutions, including two brokerage firms. The regulator also revoked all licenses of five people for the duration of the ban.

Key Facts

SPK filed criminal complaints against 11 people under Article 107/1 of Capital Markets Law No. 6362 over trading in Ozata Denizcilik (OZATD) shares.
The regulator imposed two-year trading bans on 13 individuals and institutions, including Tera Yatırım Menkul Değerler AŞ and Tera Portföy Yönetimi AŞ, limited to OZATD shares.
SPK revoked all licenses of five people for the duration of the trading ban.
The decisions were published in SPK Bulletin No. 2026/65.

Criminal Complaints

SPK filed criminal complaints against 11 people over trading in Ozata Denizcilik Sanayi ve Ticaret AŞ (OZATD) shares. The complaints were made under Article 107/1 of Capital Markets Law No. 6362. The named individuals are İbrahim Bekçi, Ethem Umut Beytorun, Erdin Özel, Haldun Saffet İnal, Bülent Uygun, Emre Tezmen, Emir Münir Sarpyener, Kadir Boy, Kerem Alkin, Gül Ayşe Çolak and Abdülkadir Özkan. The criminal complaints do not constitute a conviction; the judicial process will proceed based on assessments by competent authorities.

Trading Bans

SPK imposed two-year trading bans on 13 individuals and institutions, including two brokerage firms. The brokerage firms are Tera Yatırım Menkul Değerler AŞ and Tera Portföy Yönetimi AŞ, and the ban is limited to OZATD shares. The same 11 people named in the criminal complaints were also banned from trading for two years. The trading ban was imposed under relevant articles of Capital Markets Law No. 6362 and the Communiqué on Measures to be Applied in Insider Trading and Market Manipulation Investigations.

License Revocations

SPK revoked all licenses of five people for the duration of the trading ban. The license revocations apply to individuals identified in the investigation. The decisions were announced in SPK Bulletin No. 2026/65.