Turkey strengthens efforts to combat market manipulation and maintain investor confidence.

Turkish Finance Minister Mehmet Simsek stated at the capital markets conference held in Istanbul on November 4th that the government will increase efforts to combat market manipulation through stricter regulatory measures and harsher penalty mechanisms. "The financial sector urgently needs new regulatory provisions, and increasing the severity of penalties has been included in our agenda," he said. "If market manipulation is not effectively combated, confidence in the sector will continue to be low. This is our top priority at the moment."