Warning: You Are Viewing Act, The Parliamentary General Assembly Has Already Adopted. If It Does Not Include The Changes Made Later. Capital Market Law

Original Language Title: Uyarı: Görüntülemekte olduğunuz Kanun, TBMM Genel Kurulunda kabul edildiği halidir. Varsa daha sonra yapılan değişiklikleri içermemektedir. SERMAYE PİYASASI KANUNU

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Warning: The Law you are viewing is considered to be accepted at the General Assembly of the TBMM. It does not contain any later delics if it exists.


CAPITAL CODE OF LAW

 

Kanun No. 6362

 

Acceptable Date: 6/12/2012      

 

PART OF THE REGION

General Provisions

SECTION OF THE REGION SECTION

Purpose, Scope, and Tantas

Purpose

ARTICLE 1- (1) The purpose of this Law is; the capital market is reliable, efflusive, effective, stable, in a fair and competitive environment, the protection of the capital market for protection of the rights and interests of the yachts, and the protection of the rights and interests of the yachts.

Scope

MADDE 2- (1) Capital market tools, exports, exports, IPO The markets, the capital markets, the capital markets, the exchanges and the capital markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the markets, the market Turkey's Capital Markets Union, Turkey Deuler Specialists Union, central exchange installations, decentralisation, Central Register and Capital Markets are subject to the provisions of this Law. Anonymous partners who are not publicly available are issued a share of the law, which is not publicly available.

(2) This is based on the Law and this Law, and is not a provision in any secondary legislation The provisions of this Law are applied in other states where the Law is not enforced.

Definitions and definitions

MADDE 3- (1) In the implementation of this Law;

a) The Arab institution: from the service and activities of the first fives of the 37 nci material (a), (b), (c), (e), and (f) the establishment of the board authorized by the Board, in order to be exclusive of their place in the world,

b) Basis capital: Required to have anonymous partners with record capital Minimum wage capital,

c) Union: Turkey Capital Markets Union,

c) Stock: Established in anonymous company, capital market instruments, humbbies and the precious to be able to identify and declare prices that are valuable to the mines and to sell and sell them, as well as possible and safe, free competition of documents and products. or managed by and/or managed by a market manager, the systems and market locations that are authorized in accordance with this Law, which bring together or facilitate the execution of the orders of the line of sale, and to ensure that they are engaged in the

d) stolen capital: Represent shares of record-capital anonymous associates Their capital,

e) Ring-in-public: anonymous, publicly available or publicly available Partners,

f) Ring-supply: All sorts of ways for sale of capital markets vehicles a worker, and the fact that it has been reallocated in this employee attendance,

g) Donate to the public: Install the capital market tools that are available to the public Actual or legal entities found in the contact,

) Israel: Capital market instruments are issued by the issuers, supply to the public, or sold without supply to the public,

h) Israel: Export capital markets, export to export to export or capital markets, legal entities that are publicly traded, and subject to this Law,yatýrým

) Minister: The Minister who is appointed by the president,

i) Mortgage capital market: Mortgage securitization securities, mortgage-based securities. The exportation of funds from capital markets and housing financing, which was exported by mortgage financing, were exported to or from the supply of other capital markets, which were exported under the guarantee of the loan. tools,

j) Israel: The financial situation and performance of the guarantor and the guarantor, if any All of the information that will be based on their expectations, activities, exports or capital market tools that will be used in the stock market, as well as to make a conscious decision to make a conscious decision about the risks of those who are prone to rights and risks. information that contains information about the public,

k) Public Disclosure Platform: Information that is required to publicly address the legislation the electronic system, which is transmitted as an electronic signature, and the public-announced electronic system,

l) Lost capital: Enrollein, with the record of being convicted in the main commitments the registration and declared capital of the trade registry, which shows the maximum amount they can share, with the decision of the board, dated 13/1/2011 and 6102, of which the Turkish Commercial Code is subject to the provisions of the increase in the main capital.

m) Collective yacht installations: Orphan funds and yachts associates,

n) Board: Capital Markets Board,

o) Securities: excluding money, checks, policies, and bono;

1) Shares are warehouse certificates for those shares with share-like items

2) Debt-based tools or securities-based assets and income debt store certificates for the following items with their tools,

) Central Party: Allocated, assume the role of chess as well as the part of the central swap setup, which is committed to completion,

p) MKK: reallocation the operations of the capital market instruments to be reregistered, Monitoring these tools and their rights, in electronic environment, with respect to members and rights holders, to carry out the centralised save and to perform the other tasks given by the Board within the framework of capital market legislation. The private legal entity, which has been established, is a legal entity. Central Registry Anonymous Corporation,

r) Market manager: Anonymous, managing and/or managing the market or stock markets. Partners,

s) Retention service: Due to capital market activities or by reethicist or administration services of capital markets, whether they are registered or physically tevdi or delivered as collateral or as collateral, as collateral or as collateral, or as collateral,

Business) Capital market tools: Securities and derivative instruments, as well as promises to sleep It is the other capital market instruments that are set up by the Board, including the

t) Capital market institutions: 35-point institutions,

u) Derivative tools: The other type of language that is counted or installed in this scope. tools:

1) derivative of the purchase or sale of the securities or to distribute them to each other. tools,

2) Dec, a security price or return; a foreign exchange price or a price Whether or not an interest rate or current value; a precious mine or a precious commodity price or pricing; a commodity price or pricing; the statistics that are published by the institutions that are deemed appropriate by the Board; or A credit risk transfer, energy prices, and climate change. The derivatives, such as an index level or level of measurement, such as those of those who have measurement, such as their location, or derivatives, which give rise to the descendants of these vehicles and the number of durable entities, the derivatives, the derivatives, and the

3) The exchange and the precious mines will be based on the other available to the Board tracelist (s),

) TCMB: The Central Bank of Turkey, the Central Bank of the Republic of Turkey,

v) Yatrüm setup: Agent setup for service and operation with agencies and banks, as well as other capital markets and banks identified by the Board of Business,

y) YTM: Cash payment or payment due to the service and operation of the yacht installations If the capital markets are unable to meet their delivery obligations, the Board of the Board of Tazmin with the public legal entity that is set up in the framework of this Law to fulfill the decision of the compensation under this Law,

refers to.

 

ISRAELKISIM

Capital Markets Tool for Turnover, Truck Miracularity and

Israeli Esasas for the United States

SECTION OF THE REGION SECTION

Capital Markets Tool for Capital

Obligation to prepare an Israelihazýrlama

MADDE 4- (1) The capital market tools can be provided to the public or are in stock It is mandatory to prepare an izahname and to be approved by the Board of this preparation to be able to see.

bilgiler(2) Information involved in the Israeli business may be facilitated by the yachts and It is presented in a way that can be disinfused.

(3) The names and tasks of real persons in charge of the business, and the titles of legal entities, centers, and message information is described as described in the case of the report.

(4) Israel provides information with information on export and export capital markets. a summary section can be edited in one or more documents, including the summary section. If the summary section exports, if applicable, the guarantor, the nature of the warranty and the basic property, rights, and risks associated with the capital market instruments that will be exported, then, hunger and understanding are the words.

(5) During the regulation of the public offering, the extermination of the issuer is Mandatory measures are required to be prepared in order to be prepared.

Installed authority

MADDE 5- (1) The board will be issued to the issuance and public or the capital that will be listed on the stock exchange. the nature and nature of the market instruments, the nature of the warranty, the guarantor and the nature of the warranty, the documentation of the issue, the announcement of the issue, the public announcement, the publication, the advertisement and the advertisements, the following, the statement of the warrant. Previously, unpublished information is not available, Specifies the basis and guidelines for the sale and release of the approved grid, and whether to prepare and disseminate the permit, or to the full exemption.

Approver approval

MADDE 6- (1) The board of information contained in the permit is consistent, understandable and Convention-based It is determined that it is complete according to the standards of the izahname, and it is determined that the permit is not approved. In the process of approving the inconvenience, the review and principles of the review are set to the Board. Each document is approved in the same way that it is one of the separate documents. The approval of the inconvenience cannot be considered as a recommendation to the board of capital markets, as the information contained in the permission does not come to the Convention in which it has no doubt.

(2) Appropriate approval of Israeli approval in accordance with Board regulations. It is decided by the Board within ten days of the introduction of the izahname and the required information and documentation, and they are informed of the pleasure of the party. It's twenty-two days for the first time in public supplies.

(3) The information and documentation offered in the application for approval of the Israeli approval may not be missing or additional Information and documentation are needed, and within ten days of the date of the settlement, the owner will be asked to resolve the absences within the time period to determine the order. In this case, the ongoing durations in the second phase are missing, or additional information, and starting from the date the documentation is presented with the Install.

(4) This article has not been approved for review in the framework of this article. the status of the condition is notified.

Release, advertise, and advertisements the Israeli

ARTICLE 7- (1) Within the framework of the principles that will be set up after the approval of the Israeli The publication is not published to the trade registry and is declared in the Turkish Trade Registry Gazette. However, it is declared in the Turkish Trade Registry and registered to the trade registry where the stampede is published.

(2) declare the Israeli public within the framework of the Council to be determined before it is approved. is possible.

(3) The advertisement, advertising, and statements are consistent with the fact that they are not consistent with the fact that they are not is exaggerated and should not contain any of the information that is reflected.

Adding deities and new considerations to an inlet

ARTICLE 8- (1) In public information with Israel, prior to the sale or sale of the business in the period, the situation that is most likely to affect the stability of the yachts or new matters, or the most appropriate reporting by the public, is indicated by the issuer or the public.

(2) The process of selling, whether or not to expose new considerations can be stopped.

(3) within seven-day days from the date of notification to be selected or new to be added It is approved in the framework of the guidelines contained in article 6 and is published in accordance with the article 7.

(4) Sell capital market instruments before dissemination or release of new considerations The yachts that have been in demand for receiving additional requests and delics are entitled to reclaim their demands within two days of the release of the additional and additional information that is made in the stamper.

Expiration of the installation

MADDE 9- (1) The first release date of the easter or ring-supply For two months, it is sufficient to certify the additional and detentions in the article 6 in accordance with the principles specified in article 6 and to be declared in accordance with article 7. It is necessary to approve all of the permission in the public supplies to be made after this deadline.

People responsible for the installationÝzahnameden

ARTICLE 10- (1) The response in the Israeli is caused by the wrong, incomplete, and missing information They are responsible for damages. It is clear that failure to indemnify or indemnify damages is evident; those who supply the public, the leading agency through the issuance, are the guarantor and issuers of the guarantor and board of directors, if applicable, and the requirements of the situation. They are responsible for the extent to which they are installed.

(2) The navies are about to take part in a permit, such as control, grading, and disinveting installations. The people and institutions that are preparing the prepared reports are responsible for the response, the response, and the missing information contained in the reports.

Exports of capital market tools without IPO

ARTICLE 11- (1) For the export of capital market instruments without supply to the public, It is mandatory to prepare the export document, which contains information about the nature of the vehicles in question, and the information about the hours of the sale and is approved by the Board within the framework of the basis of the 6 items.

(2) The board is publicly available to the export document, to approve this document, and to the public Determines the guidelines and essences for the announcement.

(3) The information contained in the Israeli document is incorrect, caused, and incomplete 32 nci is applied.

Selling capital market tools

MADDE 12- (1) The payment of the shares in the air is completely and transited-paid. The board may request that the share of the shares that cannot be sold within the hours of the sale are paid and the payment of the payment will be committed to the partner. The board is authorized to determine whether share prices are not required, such as capital increases to be made in a division, division, stock, and similar construction.

(2) The board is on a nominal value of market price or ledger. They may want to sell their share price at the premium price and use the new share rights to be used at the premium price. The board may allow the shares to be exported at a price below nominal value if their share is below the nominal value of the market price or ledger. This is determined by the Convention and principles.

(3) Delivery of capital markets vehicles to the bottom of the bottom line. The board has retained regulations on capital markets, registration of capital market instruments, and exchanges to be made in the original capital system.

(4) The board is selling capital market instruments to the public, making the yachts’ yachtwork The facilitarer may request the rights and benefits of the protective measures, from the public to the public, from the people who are selling them, and the related exchanges.

(5) The review period of the Board in the Kurula building due to the increase of capital, 6102 It is not considered in the calculation of the amount of time for the registration of capital in Article 456 of the number of Law.

(6) 346 ncis of the Code 6102, and the third number of 462 nci items are open to the public and are not applied to collaborators who are applying to the Enterprise to be opened to the public.

Capitation of capital market tools

MADDE 13- (1) In an electronic environment where capital market instruments are located It ' s a record-out basis.  The Board determines the capital market instruments and rights to be monitored, which will be excluded from the record; the loss of the types and exports, and the loss of the records and the shares of the issuer that lost the membership. It organizes the process of ending the monitoring process.

(2) Do not look at capital market tools, nama, or hamiline software. It is tracked in the current accounts. The board may decide whether to collectively hold accounts for the type of capital market, as well as the accounts of the capital market instruments, according to the nature of the capital market vehicle, or the qualification of the MKK member.

(3) Rights for the registered capital market instruments are monitored by MKK. The records are held in the electronic environment generated by the MKK, as well as the members of this installation.

(4) The guidelines set out by the capital market instruments that are decided to be registered Delivery is required. The capital market instruments that are delivered become void of themselves. Non-delivered capital markets tools cannot be listed on the stock market after the registration decision, and the car services cannot be recycled or withdrawn from the purchase of these capital markets tools. The capital markets vehicle, which has not been delivered until the end of the seventh, following the date of the loss of the track, is to be indent to the YTM. The same rights over them would have been more than just the same. They are sold within three months of the passage of the YTM to the account.

(5) Rights to third-party capital markets are third-tracked It is based on the date of notification made to MKK in its pack.

(6) The transfer of the share by the partners within the relevant provisions of the Law of 6102 in the registration book, based on the records monitored by the MKK during the registration of the interested in the interest.

(7) Any administrative measures, foreclosures and other similar administrative services And the judicial demands are fulfilled by members of the exclusive MKK. Provisions of the receivant and collection of receivants in electronic environment are withheld under the laws of the Related Law.

 

REGION OF A REGION

How to Mirror The Truck

Financial reporting and administration control

MADDE 14- (1) The government will be requested to the Board if it is publicly available or required. In accordance with the regulations set out by the Board within the framework of the Turkish Accounting Standards, the table and reports are required to prepare and present at the time, in a full and correct way.

(2) The financial table and reports are set up in the first phase of the Board The members of the board of directors are responsible for their preparation, submission, and compliance with the fact that they are in compliance with the regulations and the requirements of the situation are required. The board of directors must take a separate decision on the acceptance of the financial tables and reports to be prepared in the scope specified in this clause.  Reports that the members of the board of directors who are responsible for the financial statements and reports along with the financial statements and reports are in compliance with the fact that the financial statements and reports of financial statements and reports are not available. It is mandatory to include the statements.

(3) Türkçe Accounting Standards from financial tables and reports to which they will organize The Board of Directors, based on the scope of this Law, review the information of the Board of Directors in accordance with the fact that the information is based on the fact that the information is correct and properly reflected in the framework of the Control Standards of Turkey. They're going to have to get an audit report.

(4) The board, in public, on the stock exchange in public sight, is the key to the 23rd are authorized to request an audit report from the party partners to request a control report from the party partners in the event and development, which significantly affects the activities and financial situation of the association.

(5) The financial table and reports that are requested to be edited by the convention are subject to the control In the event of unbecoming, the audit report is publicly announced to the Board within the framework of the Convention and principles.

Special cases when left in the truckaydýnlatýlmasýnda

ARTICLE 15- (1) The cost, price, or yachts of the capital market instruments information, events and enhancements that may affect their decisions, expropriations or related parties to the public.

(2) Information, events, and enhancements in the first fund are publicly available, related exports. The notice is set to the Board and the guidelines are determined by the delay or not to make the exception.

 

THIRD PART

Public Partnerships

Win-public partnership statuskazanýlmasý

MADDE 16- (1) Shares of shares in the stock exchange have a share of the number of shares The shares of anonymous partners are to be made public. These partners are also subject to the public's common provisions.

(2) anonymous partners who do not see the stock market gain public partnership status. Then they have to hit the stock market for the first time in two years to see the way they're doing. Otherwise, the Board will make the necessary decisions to call for a partner's request, or to review these shares in the stock market, or from the partner's public company status.

Enterprise management policies

MADDE 17- (1) Corporate governance policies with corporate governance policies in public partnerships The inclusion of the compliance reports, the release, the ratings of the partners in compliance with the corporate governance principles, and the principles and principles of the membership of the board of directors are determined. The board uses these powers to consider the principle of applying rules to the public and to avoid the right to compete in public and to the right of the rules.

(2) The board is a public company that oversees the shares of the stock exchange, according to its qualifications, corporate to require compliance with the management policies or to ensure that they are fully complying, to determine the basis and essential, to ensure that the compliance must be fulfilled within the given period of time, and that the compliance requirement is not fulfilled. To do this, to do the work, for any period of time Even if it did not, the compliance requirement will result in the need to comply with the compliance of the law, to ask for precautionary measures, to address the need for precautionary measures, to make a case, to replace the compliance requirement in the case. It is authorized to ask for decision-making, and to determine the basis of the fulfillment of these things.

(3) Public partners will be determined by their relationship to the Board of their It is mandatory to make a board decision that determines the essences of the action before you can start with the qualifications that are in place.   The approval of the number of members of the board of directors is sought in order for the board's decisions to be implemented. As a result of the fact that the members of the board of directors do not approve of the policy, the public will be announced to the general assembly within the framework of regulations to contain sufficient information and to approve the public board. At the general assembly, it is decided by the parties and those who are associated with them in a vote that they cannot vote for. In the general assembly meeting of this article, it is decided that the right to vote is not sought, with the simple fact that the right to vote is not. The board of directors and general assembly decisions that are not available in accordance with the principles specified in this plug are not valid.

(4) Public partners must both be in this matter and the 1524 of the Code 6102 They can also fulfill their obligations to the electronic media, which is provided by the MKK.

(5) Usul and essential Bank of this Article apply to the public about banks It is determined by taking the appropriate vision of the Board of Auditors and Auditors.

Record capital system

MADDE 18- (1) Public partners and their shares are available to the public to supply their shares to the public Partners with the Board can agree to a capital system that is registered to obtain permission from the Board. As many as 6102 before the law, the Board would not seek permission for the partners who had already passed through this system.

(2) In the lost capital system, the board of directors is the principal capital of the Law 6102. He is authorized to increase capital to the current capital ceiling, which is determined in the main commitments of the increase in the provisions of the increase. As such, this authority can be granted by the general assembly for the maximum period of five years. The term of this authority may be extended to a general assembly, as of the maximum number of years of a period.

(3) In the lost capital system, the shares are sold completely, unless the costs are paid or The new share cannot be stolen unless the shares that cannot be sold are cancelled.

(4) The main commitment to the extent of this item is that they are available in part. The decisions of the general assembly are approved on the basis of the concession holders, based on the basis of Article 454 of the Code 6102. As many as those in the capital ceiling, including the partners ' record capital ceiling, do not seek the private board decision of the privileged share holders.

(5) dismay or discredit the board of directors; the privilege or the nominal. to ensure that the owners of a share of the new share of a share are authorized by the principal to be able to make the right decision to qualify for the rights of the franchise. The authority to obtain a new share entitlement cannot be used in the same way as the owners of a share. The provisions of the second and third fireplaces of Article 461 of the Code 6102 are not applied to the public for public partners.

(6) of the board of directors of the Board of Directors, 6102 against the decisions made under the basis of this item Under the provisions of the law's general assembly's cancellation, members of the board of directors or the owners of the rights violated the cancellation court in the court of commerce, where the partner center is located within thirty days from the announcement of the decision. they can open.

(7) After the capital increase in accordance with the provisions of this provision, The capitalisation of the main commitment to the capital is the registration and the proclaiming of the capitalisation of the item on the basis of the capital's new.

(8) Under the jurisdiction of this article, the management is established under the jurisdiction of the Decisions are made to the public in order to be determined.

(9) With a share of public interest in a registered capital system The sum of the aggregate capital of the partnership with the shares to be given as a result of driving or returning as a result of a defundable bond or a paya-returning derivative, cannot be capitalize on the total record.

(10) Switch to public registered capital system, remove from system, set up The increase in capital and capital is determined primarily by the Convention. Previously, 6102 was passed on to this system, and the partners who subsequently became public are subject to this firecrut provision.

How to share a share and a share of a fee

MADDE 19- (1) Public partners will be determined by their general assembly. In accordance with the provisions of the profit development and the provisions of the relevant legislation. The board is open to the public policy of profit-based policies, and can set different principles for similar partnerships.

(2) The profit that is required for the break-in accumuations, and the profit-based basis for which the rest of the business If the share is not paid, it will not be decided until after the profit transfer is allocated, the following year will not be decided to transfer profits to members of the board of directors and to the members of the board of directors, and to the end of the dividend. Profits cannot be cut off from the bottom line.

(3) The share of profit in public partnerships is in all of the current shares as of the date of the date of the The export and release dates of these are the same as the result of the consideration.

(4) In the capital increases of public partners, no-cost shares are available in the history of to the numerals.

(5) Public partners or co-owners in public. to ensure a profit from the bottom line, the main commitment is to be made. It is determined by the general assembly of the current partner. The board is authorized to bring the upper hand to the top. Some of the partners are added to the corresponding fiscal year in the relevant fiscal year.

Profit for dividends

MADDE 20- (1) The total dividend benefit to be issued during an account period was the previous year period profit will not be able to take the benefit of the year. It is not possible to make an additional profit margin and profit margin without being embarrassed by the profit share paid in the previous period.

(2) The flaws and the severity of the situation are to the extent they are not downloaded to them. Members of the board of directors and their compliance with reports are not regulated by the midterm financial statements in an honest way or regulated by the legislation and the accounting principles and rules. because of the benefit of the share of profit For damages, they are in charge of the partner, shareholders, partners, and the current account holders who have lost their share of the profit share in the account period due to the cost of the partner, partner receivers and the business. In the presence of legal liability, shareholders and members of the board of directors may, within thirty days of the declaration of the decision, be dismissed according to the sixth notice of article 18.

(3) The implementation of this Article is regulated by the Board of provisions and guidelines.

Implicit benefit transferyasaðý

MADDE 21- (1) Internally, with public partnership and collective yacht installations And compliance with real or legal entities, whether from the administration, control or capital care, to the principles of compliance, market, commercial life, and compliance with the principles of integrity and compliance. including a different price, fee, price, or price By reducing profits or assets, or by reducing profits or assets, by making business applications or commercial applications or producing a business volume, they prohibit the transfer of profits or assets.

(2) The public and collective yacht setups are being pushed and started. They may not do activities that are expected to be used to protect or increase profits or property as a dominant and honest trader within the framework of their main commitments or internal regulations, or to protect or increase profits or property. the profits of real or legal entities that they are associated with, or Increased cost of assets is also due to increased assets.

(3) Ring-open partnerships and collective yacht installations are part of the They have to document their authenticity and market policy in accordance with the principles of commercial life and integrity and honesty, and they have to keep the information and documents in order for at least eight years to be kept. The guidelines and guidelines for the identification of the policies specified in the first phase are determined by the Board.

(4) Public partners, collective yachts, in the form of the Board identification of the Kazantic transmission Install and reduce profits or reduce profits, along with the amount of legal interest transferred by the amount transferred to them within the amount of time to be determined by the Board, including the installation of the will request his return to the installation. The parties to which they are made an acquisition are required to return the amount of the amount transferred within the time the Board is set up. The legal, criminal and administrative structures stipulated in the legislation relating to the 94th and 110 articles related to the violation of the blanket annuition of the proposed earnings are withheld.

Selling and holding partners own shares

MADDE 22- (1) Public partners, their share, set by the Board They can buy it and take it as a hostage. The Board regulates the business community's own shares and hostage-taking, business, and public health care, and their share of the back and their part, and the public and the public.

(2) Ring-open partnership shares are included in the consolidated balance sheet of the Any purchase by the partners is subject to the provisions of this article.

Important operations of the partners

MADDE 23- (1) Ring-in-public partners;

a) The union is not a party to divisions, such as it is not a party to partition, or to terminate or end,

b) Hand over all or a significant portion of the property, or to have the same right-on-site Or rent,

c) All or significant other activity subject to activity,

), whether or not to predict or scope out existing concessions,

d) Out of the stock market,

Considerations such as

are important in the implementation of this Law. The Board is authorized to set up mandatory conditions and guidelines to ensure that important qualifications are in the actions of this nature, including the measure of importance, or to be able to take decisions.

(2) The board is actualized in accordance with the requirements that are held within the framework of the first phase He may give administrative money to the executive order of the general assembly of 6102 for cancellation within thirty days of the date of the date of the board of the Board of Council's decision to eliminate the process. italine can be sued within the framework of the provisions of the .

About timeAyrýlma

MADDE 24- (1) The general assembly of the important qualifications specified in the 23rd clause Shareholders of the share, who have contributed to the meeting and have negative votes, have the right to leave their shares by selling them to the public. At the request of the share owner, the public is obligated to purchase the item from the average price on the stock market within thirty days prior to the public's public record of the item.

(2) The general assembly of the important nature of the holder of the pay holder is the one Failure to contribute to the meeting, whether to properly invite the general assembly meeting or not properly declared the agenda, is opposition to the general assembly and the opposition to the opposition. First-fiver provision to register with the registration

(3) On the agenda of the general assembly of the general assembly, which is located in the first phase, If you have the right to support the decisions that will use the opposition vote for the decisions, the share of this right is the price that the shares will receive from the partner.

(4) My use of this right and the stock exchange is not the right to be done about the break-in. The calculation of the price of the sale in partners that do not see it is determined by the Board.

Pay receive offer

MADDE 25- (1) Volunteers in public, voluntary or important Basis and the principles are set up for the mandatory share bid.

(2) In cases where the offer of pay is prohibited by the Board, based on the prohibited proposal The actualized iActions are invalid.

Pay alm biddingzorunluluðu

MADDE 26- (1) Share or vote on management control in public partnerships It is mandatory to bid on the shares of other partners in which the rights of rights have been taken into place. The terms and principles of the exemption are determined by the requirement to be offered a share of the share and the requirement to receive a share of the share.

(2) Single-party or co-acting from 50 percent of the voting rights Ownership of either direct or indirect ownership, selecting the absolute majority of the board member count, or nominally to nominate candidates for membership in the general assembly, management, or ownership, management It is considered to be a control of its control. However, due to the presence of privileged shares, management control cannot be achieved in this matter.

(3) First of the 23rd Article, even if there is no greater than ownership of the partner It is also under this provision that some of the partners take control of the administration through special understanding that some of the partners will do in their own way, without being complying with the principles and principles under Article 29, which is foreseen to be set up in the Board of Directors. It will be done.

(4) The board is granted a concession for the subject of the subject of the subject of activity, or whether or not it has been granted. In order to protect the shareholders of the public, who have been transferred to the management and control of the Savings Deposit Insurance Fund dated 19/10/2005 and under the Banking Act of 5411, except for the right to operate or otherwise have been transferred to the management and control of the Savings Deposit Insurance Fund. the relevant issue of the concession or the relevant number 5411 of the Law The current and legal entity, which is determined to cause the provisions of its provisions, may be required to receive a share of the real and legal entities.

(5) The Board may or may not further describe the nature of the yacht partners ' relationship. A share bid may be required to allow the actual commitment to be allowed to cause loss of commitment.

(6) The actual and legal entities that are required to offer a pay receive. the voting rights of the people who move, It will freeze itself if the requirement is not met within the time period to be determined. The denominations are not considered in the general assembly meeting.

Right to remove and sell from the partner

MADADE 27- (1) The offer of a pay alum or, including acting together, If the share of the voting rights to the public is set to the Board or more, the share ownership of the voting rights to the public has the right to remove the remaining share holders from the partner. They may request the cancellation of the shares of the remaining partners within the time set by the Board, and demand that they be sold to them for the new share of the shares. The price of the sale is determined within the framework of the 24th clause.

(2) The right to draw from the partner within the framework of the first in the framework of the In cases, the right to sell in the minority is the right to sell. The shareholders of this share demand that within the time of the Board the shares are genuine or legal persons who have the right or more of the voting rights to the Board of voting rights, which are set to the Board.

(3) The 208 clause of the Code 6102 does not apply to the public partners.

(4) The implementation of this Article shall be determined by the Board of the principles and principles.

Payable shares

MADDE 28- (1) All of the partners ' capital market instruments are present in the first public supply It is imperative that the public be publicied in detail and in the details of the information.

(2) Within the framework of the convention, their activities are reasonable and required. The concession to vote and to remain represented on the board of directors, in public partnerships with respect to the legislation, in accordance with the legislation, in accordance with the legislation and the board of directors of the Board of Directors's decision. This provision does not apply to the public institutions and their organization's shares.

Common guidelines for general assembly meetings

MADDE 29- (1) Public boards are public boards, meeting, and The company has to work with the website and the Public Aydınlatma Platform and the ad that is published in the designated places. This effort is done at least three weeks prior to the date of the meeting, excluding the declares and meeting days. The principles and principles of this fir are determined by the Convention.

(2) Nama is exported and has 6102 laws on the stock exchange, 414 The first item of the item does not apply.

(3) In the general assembly of public meetings, the dormitory of the partner center Except for the decisions that impose obligations and secondary obligations to cover off balance sheet losses with the exception of the balance sheet in this Law or its principal commitments, if the number of other nibres is not foreseen, 6102 is the Article 418 is applied. In actual words, it is not to be convicted, contrary to the fact that there are only 6102 laws or related matter numbers that are written within the provision of the Code 6102. The bottom of the bottom is saved.

(4) Installed on the agenda of the public convention of public partners. It is mandatory for the general assembly agenda to be seen or to be announced to partners.

(5) The right to plant matter in the matter of 411 of the Code 6102, the issue of which is known as the article of the It also covers the introduction of decision drafts for the agenda items in public partnerships.

(6) How to get new share rights in public partners, in the registered capital system to be granted the authority to obtain new share rights to the board of directors, to reduce capital reduction and to the general assembly of the decisions of the important qualifications determined according to the first issue of the 23rd Article, In their words, the rate is less than stated. If the nisaps are not foreseen, the call for a meeting will be sought after two-thirds of the votes cast on the partnership ' s general assembly have positive votes. However, it is decided that if at least the benefit of the vote is due to the minimum benefit of the vote, which represents the capital in the meeting, the number of votes that have been put up for the meeting will be resolved, unless the majority of the votes are foreseen. In these works, partners who are parties to the first storm of the 436 ncu of the Code 6102 cannot vote in general assembly meetings, which are approved by these entities. The principal commitment provisions that alleviate the specified nips are not valid in this plug.

Meeting and voting for the general assemblytoplantýsýna

MADDE 30- (1) The right to bear and vote on the public board of the public, The owner can not be able to store the shares in any seam.

(2) The board of directors of the publicly monitored public board meetings with the board of directors share the list of stakeholders listed by the MKK listed by the list of shareholders that are listed in the list of available items. The rights holders who are named in this list will contribute to the general organization by identifying them. The list will be less than the maximum number of days prior to the general assembly's meeting date and/or if the owners and their representatives will be able to meet the outside of the electronic environment described in the first of this item. The board is authorized to determine the basis for their declaration of the MKK.

(3) Non-tracking public partners about meeting general assembly meetings. In the identification of the share holders, the provisions of the Law of 6102 are applied.

(4) Those who have the right to vote on the public boards of public partners are entitled to these rights. They may also be able to use the same as their delegate team. However, it may also be voting within the framework of the general provisions, including through the representation of documents showing that the share of the share of the share of the shares written to the public in non-rollable partners is not followed by the transfer. This is the provision that the storage service offers will use to delegate the vote rights to the shares that they provide the storage service for. The basis and principles of the collection and voting of the proxy through the work are determined by the Board. Article 428 of the Code 6102 is not applied to the scope of this Law.

(5) My contribution to the electronic environment in an electronic environment to anonymous partner boards, which are monitored, MKK It is based on the electronic media that is being sold.

The export limit and entitlement of the capital market instruments in which the borrowing is qualified

MADDE 31- (1) The capital in which the government may export the debt The total amount of the market instruments cannot exceed the limit to be determined by the Board. The board may set different limits depending on the nature of the export and export of the exported debt.

(2) 8/6/1984, and 233 counts of Public Israeli Judgment in Law Rule the export of the provisions and the issuing of the provisions of the other Code dated 22/2/2005 and 5302 of the number 5302, excluding the limits specified in Article 68 of the Law No. 5393, dated 3/7/2005 and numbered 5393 of the Municipal Code of 5393. The limits are not applied.

(3) The capital market export entitlement in the borrower is based on the actual commitment may be transferred to the board of directors indefinitely or indefinitely.

Responsibility for public-language lightingbelgelerinden

MADDE 32- (1) in the 10th clause, the same item as responsible for the same item The information form, which is prepared in accordance with the legislation, announces the form of information prepared in the share bids, the announcement texts to be prepared in the company of the company, the announcement of the company, the announcement of the meeting, and the purpose of the Council public such as financial reports, the announcement of the announcement. to be edited with the public Any legal entity that has signed the documentation or any legal entity signed by it is responsible for the damages arising out of the response, incorrect, or missing information contained in these documents.

(2) Public resetting, such as control, grading, and dedding installations The provisions of this Law are also responsible for the provisions of this Law, which prepares reports that are contained in or to be based on these documents.

(3) The information contained in the public display documentation is incorrect, incorrect, or incomplete. It is not responsible for any information that does not have information about it and does not result in the negligence of this information or of negligence.

(4) During the validity period of the permit that contains the wrong, incorrect, or missing information; The publicly available documentation is to sell or sell to the first public supply or stock market immediately after the initial public supply or purchase of capital markets sold or sold on the stock market immediately after the appropriate date of information. damage to the property of the yachchers on the receiving end As a result of this material, it is said that the public has been installed in the damage between the public and the damage to the public and the damage to the public by the claims of the public.

(5) Indemnity due to the response, response, or lack of publicly available documents demand;

a) The purchase or sale of capital market instruments is not based on the publicly available document,

b) Allocations of capital market instruments or public disclosure documents of sale information should be known, burned, or missing,

c) Information about the response, incorrect, or missing information contained in the public display documentation The fix was declared before the sleep decision was made or the action was made based on this document,

) The information contained in the public document is incorrect, incorrect, or incomplete. They will be able to cause damage to the system,

It is rejected in

.

(6) Indemnity claim from public lighting documents caused damage to the fourth fund From the date of arrival, it will be scheduled within the next six months.

(7) Understanding or lifting of the public responsibility for the documentation, The sentence or the statements are invalid.

Common provisions of the Dikker

MADDE 33- (1) Partners are made public in any way with capital markets. They will have to report to the Agency within ten days of the date they were sold or the public status of the partnership they were paid to have been earned.

(2) The appropriate vision of the Board for the business of public commitments It is mandatory.

(3) Exports of this Law include the size of the export, the amount of information it is intended for, The information presented in relation to the warranties, exports, and exports provided by the relevant capital market instruments may be used in the stock market or in terms of the export method, such as the selling method to be used in the export process. It can be excluded or completely exempted from obligations.

(4) The number of people who are publicly counted due to the number of people in the public is under 16 counts Those who do not want their shares to be listed on the stock exchange may be covered by a general assembly decision, which will receive a favorable vote of at least two-thirds of the total number of votes, or three-quarters of the total votes. In this case, it is about the right to leave the 24th clause to the holders who do not vote positively for the resolution of the law. Under the second phase of the 16-cent clause, the Board of Partners may be required to offer a share of the shares in which the partners will be offered to the public for the partners who will be out of the public status. The principles and principles of this are determined by the Board.

(5) Collaborators and publicly available partners are greater than the number specified in the 16-item number. The balance sheet and capital capital, even though they have ownership, are continuing their activities, they are expected to be shared with certain characteristics of the partner, you are looking at resens or demand in the presence of capital partners as the partners are looking for. Whether you are a part of the liability arising out of the law or It can be exempted completely from the scope of this Law, as it can exempt.

 

THIRD PART

Capital Markets Institutions and Activities

SECTION OF THE REGION SECTION

General Provisions

Capital market activities

MADDE 34- (1) Capital market activities are trademarks of the capital markets. Activities in the scope of the scope of the yacht services and activities that are covered by this Code are from the side services offered in addition to these.

Capital market institutions

ARTICLE 35- (1) The capital markets institutions that can operate according to this Code are shows:

a) Yatrism installations

b) Collectim setup installations

c) Control, control, and rating of activities in the capital market Installations

c) Portfolio management companies

d) Israel financing installations

e) Housing finance and asset financing funds

f) Existing lease-renters

g) Central swap installations

(s)) Central storage installations

h) Data storage installations

) The institutions of installed and operational capital markets are established.

Common provisions

MADDE 36- (1) The financial tabular and reports of the capital market institutions are to be prepared The 14th item is applied to the region as a result of the opening.

(2) The first and second fiends of a 17 nci clause in the principles of corporate governance It is applied to the capital market institutions.

 

REGION OF A REGION

Direction services and activities

Direction services and activities

MADDE 37- (1) The yacht services and activities covered by this Code are:

a) How to remove and forward orders related to capital market tools

b) The application of the orders related to the capital market instruments, and the account or its own name and Realising the client account

c) Share and sell capital market tools from its own account

c) Portfolio manager

d) Direction lunatable

e) How capital market tools are to be made available for sale to the public

f) A sale of capital market instruments to the public in a way edilmesi

g) Multi-party alum systems and stock exchange market locations Using

), storing and managing capital market tools with the right to service

h) No other services and activities to be set up to the convention

Side services

MADDE 38- (1) Yatrism installations and portfolio management companies can do services, including:

a) submission of advisory services for capital markets

b) Loan or lending, and foreign exchange, with services and activities. Submitting services

c) Financial analysis and financial analysis of capital markets tools whether to do or make public advice

) submission of services related to the execution of the range of the interface

d) How to deliver a service through borrowing or financing from a number of ways

e) Servet management and financial planning

f) No other services and activities to be set up to the board

obligation to obtain a permit to operate

MADDE 39- (1) Regular language, commercial, or operation of service services and activities It is mandatory to obtain permission from the Board so that it can be performed as a professional activity. Yacht services and activities can only be fulfilled by the board of the yacht. The provisions of the yacht partners and the portfolio management companies and the stock exchanges are withheld. The Board is authorized to make arrangements for the service and activity of each yacht to be made by the capital market vehicle or yacht service and operation by several separate setups.

(2) Side services are an entitlement to service installations and portfolio management companies It is done within the framework of the Board, which is subject to the document.

(3) Of the board, capital market tool, one or more of the yachtwork service and activity types It could also allow it. The board can group yacht installations with the service and types of activities and capital structures of the yacht.

(4) Operations permit has been issued, starting with the full installation of required documents It is decided by the Board within a maximum of six months and is notified of the joy of the party.

(5) does not have the right to be counted in this Code even if they are authorized by special law. Other people and organizations that are not allowed to be installed can not be found in the services and operations of the yacht.

(6) The board is professional for the delivery services and activities of the ancyms. Liability can be required to insure insurance.

(7) The board has sold open capital market instruments with borrowing and issuing refunds. He is authorized to make arrangements for the principles and principles of his actions, and to make arrangements related to the credit capital markets through the Undersecretary of Treasury and the TCMB's view.

(8) Principles and guidelines for the delivery of services and services to the delivery of the byservices It is determined by the board.

(9) the service and service of the 37 nci (a), (b), (c), (N), and (h) of this Law are counted in the activities can be carried out by banks as well. Sleep and lift banks may also offer services that are counted in (d), (d), (e), and (f) of the same banks. The service and activities of the banks under which the banks will conduct under the same clause are determined by the Board of the banks. In these services and activities, the Board may set different rules and guidelines based on the nature of the capital market instruments and the Bank's Regulatory and Supervisory Board's qualifications.

Proof of entitlement

MADDE 40- (1) Permission to be installed for service and operations They are given authorizers to perform the services and activities of the yachts to perform. One or more of the yacht services and activities may be permitted with an authorization document.

(2) They have received permission from the Board to engage in service and activities Cancellation of permissions, such as those that cannot be found in these services and activities, may not use any word or phrase to wake up the indent of those services and activities in the trade titles or advertisements and advertisements.

Authorization document and cancellation of the operating permit

ARTICLE 41- (1) The board of authority and activity under which this Law is covered permissions for the current status of this Code, with the record of being saved, in the state of the following:

a) Waiver or permit to operate as soon as possible. are not involved in any activity for two years from the date of the date

b) Your operating permit is either made in or out of legal statements or by law. by means:

c) from the detection of lost people in the Board of Bodies of the unable to resell these increases within three months of

(2) All of the activity permissions are cancelled or at the latest three months. It is imperative that they do not include the trade title in their main commitments, including the purpose and activities of the business, as well as in the scope of the services and activities of the business.

Financial liability guidelines and people's business guidelines

MADDE 42- (1) Reputation services and activities, as well as by reputation The maximum financial responsibility that can be loaded is determined by the administrators at the maximum financial and yacht installations, and the minimum number of personnel to be assigned to the personnel who are to be tasked with executing these services and activities.

 

THIRD PART

Yatrage installations

Setupþartlarý

MADDE 43- (1) To allow the installation of the agent, to be installed in the Board;

kurulmalarýa) They are installed in an anonymous partnership,

b) Share the entire share of the payout,

c) Share the share of cash,

) Their capital is not less than the amount determined by the Board,

d) to comply with the provisions of this Law and related regulations of the Esas,

e) Do not have any memories specified in this Law and related regulations,

f) If the partner is doing business and are not hungry,

is required.

(2) The first of the banks will also be searched for other yachts in the banks. The board can foresee additional increases for these installations.

(3) The implementation of this Article is determined by the Board of the principles and guidelines.

Founders of the Founders

MADDE 44- (1) You are the founding partners of the agent;

a) decision not to be a principal, not to declare a concordato, or to delay bankruptcy. non-given,

b) One of the operating permits is cancelled by the Board, which requires this request in case of no other person responsible for the incident,

c) Do not find any criminal convictions in this Code for crimes,

, dated 14/1/1982 and the Bkers of Bankers in the 35-count Stronger Case No liquidation of liquidation about themselves or their partner, according to the decree and attachment to the Law provision,

d) The durations specified in Article 53 of the Turkish Penal Code dated 26/9/2004 and number 5237. Even if he had passed, he would have been convicted of a crime that had been deliberately pushed, or for more than five years or more, for crimes against the state, to the constitutional order and to the actions of this order, crimes, embezzles, grievance, fraud, fraud, fraud, fraud, and death. forgery, abuse of trust, fraudulent insolvence, awardedness to tender The decision to discredit, disrupt, disrupt, destroy, or destroy the system, misuse of bank or credit cards, abuse of assets resulting from crime, trafficking, tax evasion, or the right to not be convicted of the rights of obtaining goods,

to have the integrity and reputation required by the required financial power and business,

increases the current (a) changes, bankruptcy, shutdown, or concordato. the decision on which the bid is under consideration, (b), is not considered in the application of this invoice if it has been for a period of ten years from the date of commitment.

(2) The corporate entity's founding partners also have a direct or indirect basis. It is imperative that partners with significant influence to be set up on the board are also required to take part in the first.

(3) Established in accordance with the return operations of the agents of the agency It is mandatory for the Board permission to take part in the day of the dividend, and the principles and principles of this are set to the Board. Any circuit that is realissed in accordance with the regulations that are made in accordance with this filter is not registered in the share book, and the records that are made to the dividend are void as the rule.

(4) Support services to conduct business operations under the scope of this Law It is determined by the Board of the United States.

(5) Founders to be searched at the founders of banks at the banks of the banks from the

Operations for the activitybulunulmasýna

MADDE 45- (1) The obligations of the management of the yacht, with the service and activities of the yacht The principles and principles of the presentation of the side services are set to the Board.

(2) Financial power in the first phase of the 44th Article of the management of management of the Mandatory experience and experience of the Board are required.

(3) The deployment of a business board is not authorized to process the related stock market. is mandatory.

(4) The board is in the process of services and activities of yachtbuilding installations. authority to identify the protection that will be used to determine the protection that will be used to the yachtlines.

(5) Yatrüm installations will also consider the risks that may be caused by their activities. Provide internal control unit and systems necessary to monitor and result in yacht rights and benefits, which are suitable for the service and activities of the yacht, as well as to monitor and finalize the services and activities that are available. They're responsible.

Templates, yachts, and usage basics

MADDE 46- (1) The board is a collateral service for the services and activities of the board Or it may be necessary to make containment.

(2) Direction setups, loans from yachtlines, capital markets, capital They may want to provide collateral due to the loans of the market instruments or opening up services and services, and services and services that are related to the services and services that are open. They may ask for collateral to include exchanges and storage, yachtwork, and yachtwork services, and services.

(3) The type, quantity, usage area, and level of the guarantees organized in this item are to be slept with and The release of the release is determined by the Board.

(4) The guarantees held in this item may not be used for the purpose of tevdi, third party It cannot be transferred, it cannot be foreclosed, it cannot be repared, it cannot be put into bankruptcy, even if it is for public receivably, it cannot be put into bankruptcy and it is not a precautionary measure.

(5) The cash and services that are available for yacht installations, regardless of whether or not the authority is in the process of The capital market tools are monitored separate from the assets of the yacht installation. Such assets may not be used to benefit themselves or third-party members at the end of the tevdi effort, without the express permission of the yachts.

(6) Cash and cash that are installed in the yacht installations, regardless of whether or not the authority is in the process of Due to the debts of the capital market instruments, the assets of the yacht installations are unprovable, even if they are for public credit due to the liabilities of the yachtbuilding, and cannot be repawled to be pre-owned by yachtmen, They wouldn't be involved in bankruptcy, and they needed them. measures are not allowed.

Collateral Commitments that are subject to capital market tools

MADDE 47- (1) The collateral for which capital market instruments are tracked by the MKK It is written in a written word. The guarantee of the capital market instruments may remain in place, as the basis for the promise is to be transferred according to legal procedures, as per the promise of the law. If there is no provision for this issue, the property of the capital market instruments of the subject matter has not been passed to the site.

(2) collateral, collateral, collateral in the collateral of the property that is transferred to the property. As soon as it is established, the subject will have the right to property of the capital market instruments, by complying with the legal procedures, as the result of the promise of the collateral. In the end of the promise of guarantee, the guarantee returns the property of the capital market instruments or the estate of the subject matter, to the collateral.

(3) In the guarantee of ownership, the capital market is the subject of collateral. both parties understand what they are using, including the sale of the vehicle. The collateral issue, which is secured by the end of the promise of the guarantee, returns the capital market instruments or those tools to the collateral if they use them.

(4), for reasons stipulate in emerald or in the provisions of law or commitment, in the guarantee Do not perform any preliminary information, such as when it comes to reporting, giving, giving, or receiving consent, or receiving consent or approval from the administrative authority, increasing the collateral, or changing the transfer with a path through a different path. to be responsible for;

a) in the statement that the property is transferred to the collateral; the subject of the collateral, the subject of the collateral to sell the market tools at the cost of selling, selling, or selling, in other markets or business markets, including those in the market, or in other markets, in which the parties are not expected to sell. These vehicles will not be able to remove their obligations from the debtor. He has the right to destroy it.

is the subject of collateral, the subject of collateral, in the guarantee of the property that is in the guarantee of ownership. the capital markets tools, whether they are in stock market or business markets, selling or migrating to property, selling or ownership of the cost of selling, selling or trading on the He has the right to destroy his obligations. For the collateral damage to the capital market, the guarantee is that the right to use, the right to use, and the capital market is in stock market or in emerging markets, the collateral said. It is necessary to see how much it will do if it is not described.

,c) (a) and (b) in the use of their Bentens, which is the default right to the The collateral issue, which is a quota for the stock market or to be listed, is based on the highest value in the maturity date from the maintenance of the capital market instruments. After the guarantee is used to use the rights of the field, the remaining dec is returned to the collateral.

(5) The right or the administrative rights of the property are to be reissued by the legal or administrative authorities. The rights of the data and rights of the data, which are secured by the capital market instruments given as collateral, are not affected by this decision and are restructured or liquidated as collateral, in order to make a decision or liquidation of a decision or liquidation of similar property. The decision will also apply. This provision also applies to the fact that the guarantee has been issued before the decision on the same day after the decision was made, and that the guarantee area is well-meaning before the decision.

(6) The provisions of this clause, provision and consequence of the collateral, which are regulated by the special laws, and They do not apply to the collateral.

 

FOURTH PART

Installation of Collective Yacht Installations

Yatrism partners

MADDE 48- (1) Direction associates, capital market tools, real estate, venture They are anonymous partners with fixed or private capital established to export their share of assets and rights that are set to be determined by the Board with capital lies and the right to process portfolios.

yatýrým(2) Sleep associates; installation and co-founders, anonymous associates To discontinue the partnership, from the status quo, to the minimum-ring, operating, types, and share overage, to the publication of the assets and rights that are contained in the portfolio and to the right of the company, and to the rights of the rights and the rights of the people who are in the portfolio. Saving the assets, the portfolio snarl, The Board of Directors is determined by the Board of Directors, which will be subject to administrative policies, capital increases and reductions, share of concession, profit and share refunds, liquidation, and termination.

(3) The compliance of the board's main commitment to the Convention's compliance is mandatory.

Installation and operating systems of the age of the yacht partners

MADDE 49- (1) For the authorization to be installed in the authorization partners;

kurulmalarýa) They are installed in an anonymous partnership with a record capitalie,

b) Not less than the amount of installed capital of the Basis,

c) Full and cash out of shares in cash and share prices payment,

) Commerce titles include the phrase "Competency partner",

d) to comply with the provisions of this Law and related regulations of the Esas,

e) Established to execute a portfolio retention service of a board-authorized installation

f) To address the number of other companies that will be set up,

is mandatory. As it is, the provisions of the associates of the capital city are withheld.

(2) The 44th clause of the founders of the authority; second of the 45 items to their managers. It applies if you have the provisions of Article 42 of the stolen property.

(3) The installation of the management of the entitlements is also sought after my return to the partner.

(4) The authority is to register and get the Board's approval in their original statement It can receive service from a portfolio management company.

(5) In the installation and capital increases of real estate partners, the Board The assets considered to be in the portfolio may be considered as the same capital. The principles and principles of this existence are determined by the Board. Real estate investment partners may make available to the public within the framework of the basis of the Board of the shares that they will export to the same capital.

(6) Real estate associates have the amount of assets to be determined by the maximum. The second number (f) of the Code 408 of the Code 6102 in the wholesale market does not apply to the provisions of this Law's 23rd Article.

Business-to-capital investment partners

MADDE 50- (1), while associates with capital are always active in the capital They're partners with the yacht that's the one who's talking about it. The net active pattern refers to the amount found by the sum of the sum of the liabilities from the sum of the assets.

(2) The share of capital-to-capital partnership may have to be printed with the share of yacht shares It ' s the founding share that is mandatory. The share of capital city partners does not have a reputation as a part of their business.  The founding shares are allocated to those who have established a capital commitment to meet the capital's commitment to the right of business. After the founding, the founding shares can be exported for allocation to existing constituent partners or third-party members, with the board's permission and general assembly. The transfer and push of the constituent shares are subject to the Board permission within the framework of the basis of the Convention. The fact that the board approved does not register with the share book of the actualized constituent pay toppings, and the records that are made to the dividend are void. Yacht owners do not grant administrative rights to the owner.

(3) Business-to-fund associates export a share, in accordance with the provisions of this Code and the expulsion of the exported shares. The partners are responsible for the share of capital, the share of the owner's demand, and the share of the share in the partnership capital that is in return for the share of the share. The basis and principles for which the shares are pushed are shown in the actual promise.

(4) determined the founding of the founding shares of co-owned business associates set to The board notifies the Board of this situation without delay, with the consistency of the amounts less than the amounts or the obligations of the financial states to be used. Following the notice, the board of directors convenes the general assembly at the general assembly to take the necessary precautions, and the general assembly is collected within thirty days at the latest. The Board is authorized to take any measure, including liquidation, on the right of business associates, whether or not the constituent share may not increase to the specified amount, or if the fiscal weakness may not be resolved.

(5) Yatrism partners may return to partners when they are already in capital. The return procedure, the general assembly and decision-making of my return to the partners, to offer shareholders a share of the offer and to determine the price of bids, protection of the rights and obligations of existing partners. The basis of the Convention is based on the issues of the convention.

(6) in its portfolio with the operating and management policies of the company ' s yacht-building partners services, services and rights of assets and rights that are found, to the publication of assets, to the publication of assets, to the publication of their share, to stop, sell, push, and push, to liquidate, to liquidate and to end the liquidation. It is determined by the board.

provisions that will not be implemented in any of the business-owned yachts-partners

MADDE 51- (1) In partnership with the company, 6102, of Law; anonymous The main commitment to the capital, the minimum capital, the minimum capital commitment, the same capital commitments, the nominal value, the partnership's own share of capital, the capital increase and the reduction of capital, the commitment of a share, the commitment of the capital to the minimum capital, the minimum capital, the commitment of the capital to its minimum capital commitments. And to pay for the transfer, to the part of the pay. The provisions of the profit-loss account and profits, backup actuators and liquidations are not applied.

Yatrism funds

MADDE 52- (1) The provisions of this Law raise funds from savings holders With money or other assets collected in the country, the savings owners account for a portfolio or portfolio of assets that are set up by the Board, based on faith property, or fund portfolio management companies. the commodity, which is established with the following and no legal entity. The application for the yacht is called.

(2) The installer's portfolio retention service so that the authorization funds can obtain the installation It is necessary to have an authorized installation of the Board to execute, and the approval of the fund ' s internal system is to be approved by the Board. The board of the yacht fund installs shall be decided by the Board within two months of the complete submission of the required documents and are notified of the party's interest.

(3) The portfolio management company will protect the rights of the fund, the yacht fund and the rights of the owners It governs, manages, or controls its management. The portfolio management company is authorized to save and use the rights of the yacht fund in accordance with its own name and fund account, in accordance with the legislation and fund internal typion.

(4) In this Law, related to the relationships between the portfolio management company and the share The provisions of articles 502 and 514 of the Law of Turkish Debates dated 11/1/2011 and of 6098 are the provisions of the legislation and the fund's internal problems.

(5) The Fund is entitled to a legal entity as a result of tapuya registration entities. The benefits of the yacht fund portfolio are registered to fund the deed, and the deed to the deed of the deed to the deed of deed to the deed. The construction of the funds will be made real with the signatures of the board of directors who are executing the portfolio retention service with the portfolio management company.

(6) The board, the TCMB, and the Treasury Department have received the funds to raise funds. It may allow the TCMB to build on foreign currencies that have been declared a daily rate of purchase.

Service allocation of assets

ARTICLE 53- (1) The Fund ' s assets include portfolio management and portfolio retention service. The installation of the installation will separate from the asset.

(2) Funds raised, funds account, and funds provision of fund internal typsism. It cannot be represented and repayed, except to be involved in buying, derivative equipment, open lines, or similar actions that are parties to the fund. Funds cannot be saved for a purpose that includes the transfer of the portfolio management company and the portfolio retention service, or control of the portfolio management service, to public institutions, including the purpose of the public receivability. It cannot be foreclosed, no precautionary measures, and cannot be included in the bankruptcy desk.

(3) Payment of only folding share holders in the event of a fund property. It can be done.

(4) I sleep with the liabilities and liabilities of the portfolio management companies to third place Their credits from third-party funds cannot be ruined.

People who have been identified by the Enterprise in the age fundsKurula

MADDE 54- (1) Board;

a) To the installation of the Fund, the types of funds that can be contained in the portfolios and portfolio refunds, detection, fund profit detection and development to the fund's business and management policies, union, return, end, and liquidate,

,b) To regulate management and retention commitments with the Fund's internal problem, scope, to the calculation, registration and advertisement, the calculation of the amount of folding, export and return prices, and the principles of purchase, purchase, management and retention fees,

c) Exports of fold-up shares,

) to separate funds from the funds, and to the rights of the Fund,

determines the basis and essences of the relationship.

Portfolio management company

MADDE 55- (1) The portfolio management company is to install the main activity subject line funds. And it's an anonymous partner who has a management. It is mandatory to get permission from the Board to set up the portfolio management company and become operational. The principles and principles of this are determined by the Convention. The installation works of the portfolio management companies shall be decided by the Board within the six months of the full submission of the required documentation and are notified of the party's interest.

(2) The 43rd clause to the installation of portfolio management companies; the 44th item to the founders; They are the second fisher of 45 articles of matter; and 42 nci provisions are applied to them.

(3) Location of portfolio management companies and their portfolios of service The entities that may be subject to the retention are stored in the Board of organizations that provide portfolio retention services within the framework of the Convention.

(4) Partner of portfolio management companies, share overage, minimum capital and capital They will not be able to install and manage the fund and manage the main activity, as well as the capital market activities and activities they can do with the main activity subject and the activities of the yacht. requirements and guidelines for the need to sleep It's determined by the board. The guarantees that are laid by the portfolio management companies cannot be pawnable, even if they are for public receivts, they cannot be saved for use, they are not transferable to third parties, they are not included in the bankruptcy desk and they need them. measures are not allowed.

(5) Installation of portfolio management companies in the main areas of the assembly The appropriate view is required.

(6) Portfolio management companies, the funds in their management when executing their activities, folding They are obligated to observe the profits of their share owners and other people.

Portfolio save service and liability for that

MADDE 56- (1) These installations are in the portfolios of a collection of collector yachts submitted to the installation that executes the portfolio retention service to be stored in a separate save account. Portfolio retention service;

 

a) The regulations and regulations of the export and export funds of the funds account. the fund's compliance with the internal policy provisions,

b) to export and push shares of capital-to-capital partners Compliance with the provisions of the legislation and the main commitment,

c) Unit-to-factor share or unit share in which the authority fund or the current capital is part of a volume share The calculation of the detractions that are determined by the legislation and the actual provisions of the basis of the fund's internal terms,

), with the legislation not to the fund's internal problems or the provisions of the main commitment, the portfolio the management company, and the fulfillment of the board of directors, as well as the management of the board of directors of the yacht,

d) Moderate Yacht Installations are related to the presence of their assets. If you do not transfer the price to the appropriate time,

e) The revenues of the collective yacht setups with the legislation and the internal problem of the fund, or the original to comply with their provisions,

f) The asset purchases, portfolio structures, and assets of the collection. Compliance with the provisions of the legislation, fund internal typhism, or principal commitment,

includes the count.

(2) The installation, which executes the portfolio retention service under this article, is in place of its obligations Due to the failure to bring it, the portfolio is responsible for the portfolio management company and the contribution holders in the yacht funds are responsible for the damage to the partner in the yacht partners.

(3) Portfolio management company or yacht partner, which executes portfolio retention service The installation, which executes the retention service, is also obligated to request the expense of damages due to the breach of the portfolio management company or yacht, which is a violation of the provisions of this Law. Pay the share of the share or folding payoff holders.

(4) The installation that executes the portfolio retention service, all or all of the assets that are contained in the save He may retain the part in other installations that run a portfolio retention service. In this case, all of the installations that provide the portfolio retention service are responsible.

(5) The board is eligible for the assets included in the portfolios of the collective yacht installations. It may be required to monitor the need for centralised storage or to monitor the centrally traded accounts on behalf of the applicable collective yacht installation. The obligations of the installation that executes the portfolio retention service will continue in this case.

(6) The portfolio management building that executes the portfolio retention service cannot be the same legal entity. The board that executes the portfolio retention service and the portfolio management company are responsible for each other while performing their duties, and they are liable to act only when the interests of the fold are in the interest of the owners.

(7) The installation and fund portfolio that executes the portfolio retention service is available to the asset purchase The directors of the yacht installation, which provides the service, cannot be the partner, manager, or representative in the portfolio management company, as well as those authorized to represent and report.  The partners of the portfolio management company, their managers, and their representative and authorizers cannot be the manager or representative of the installation that executes the retention service.

(8) The board of assets in the fund portfolio includes qualifications, exports, and exports. The yachts, portfolio management, and yacht partners can set different essentials for the retention of capital structures and exports, or bring exemptions from the requirement to save.

(9) Qualifications and activities to execute the portfolio retention service The guidelines are determined by the Board of the United States.

 

DIVISION OF THE FEBRUARY

Mortgages with Housing and Asset Financing

Housing and asset financing

MADDE 57- (1) Housing finance is a credit to consumers for the purpose of their housing acquisition. The use of the loan is to use the loans to consumers through the financial leasing of their housing, and to use credit for the purpose of refinancing these loans. Housing finance installations, housing finance funds, and mortgage financing installations are also covered by these loans and their actions under the collateral of the creditors.

(2) Housing finance setups are due to consumer loans from housing finance. Financial leasing companies and financing companies deemed to be engaged in housing finance activity by the Banking Regulation and Supervision Board, with banks that use or lease financial leasing.

(3) By housing finance installations, sufficient information and documentation for the purpose of acquisition of housing It is mandatory to identify and secure the use of the loan or the financial leasing of the used financial or to the guarantee that is deemed appropriate to the Board.

(4) Asset financing is available to the Board of Councils, including those in housing finance. The data is exported from the capital market tools.

(5) The board of assembly, housing and asset financing includes each of the qualifications set out in the Board It may require that they be selected by the deeming installations.

(6) Undersecretary of Treasury, housing and asset financing related to insurance commitments The Ministry of Customs and Trade is authorized to determine the basis and principles of refinancing loans or credits used to consumers under the financing of housing and asset financing.

Housing and asset financing funds

MADDE 58- (1) Housing financing funds are in place of mortgage-based securities. With the collected money, the mortgage fund holders 'account, the fund-financing fund, with the money collected on the barrel of the real estate account, according to the source of belief in the fund's owners' account, according to their belief in the fund's internal debt. The goods are established with no legal entity. Mortgages and assets in the portfolio of securities, related funds, or mortgage installations are the capital market instruments exported by the entities in the portfolio of their respective funds or mortgage installations.

(2) The funds contained in this provision may not be in the fund account, and the fund has internal typsism. No credit can be shown and repayed, except to take credit, derivative instruments, open lines, or similar actions that are party to the fund, including the location of the loan. The cost of the fund is separate from the assets of the drier, the fund's services and the funds portfolio, or the assets of the assets that are transferred. The fund may receive the transfer of goods, mortgages, or funds to the fund's portfolio and fund portfolio, or if the management or control of the transferred assets is transferred to public institutions until securities are pushed to the right of securities or assets. It cannot be saved for any purpose, including the purpose of collecting public receivability, and the precautionary measure cannot be put into place and cannot be included in the bankruptcy desk.

(3) The Fund board will protect the rights of the owners of the mortgage or the current issuer It represents and manages the fund. The fund board is responsible for the loss of the funds and the protection of these assets and the protection of the assets that are received by the Fund portfolio.

(4) The Founder, the fund board and the holders of the expropriated mortgage or the existing securities The provisions of this Law, relevant legislation, and the internal funds of the fund apply 5098 to 514 provisions of the Law of 6098, which is not a provision of the internal state.

(5) This is the case where the government is under the guarantee of a fund portfolio of under-guarantee. The corresponding record in the fund is recorded in the statements. The Board may, in this case, require the registration of the mortgage or the property; the registration of the fund on behalf of the fund.

(6) The installation, founders, operating, management, and termination of the mortgage or the mortgage The basis and the principles of the export of securities are determined by the Board.

(7) Mortgage financing installs, housing or asset financing, or mortgage, mortgage, or can export a capital market vehicle to the existing branch. The principles and principles of these exports are determined by the Board.

Security of the business and security of the entity, collateral and the default

MADDE 59- (1) The public obligation of the government and the entity is collateral. The capital markets are the instruments that are being exported and are shown to be represented by the collateral.

(2) The trademarks are the collateral of the mortgage and the assets of the existing collateral, other than that of the It is obligated to monitor it as separate from its heirs. The board may force the collateral to be held in a separate set of seedlings, as well as records of the collateral loss.

(3) The collateral and the presence of the collateral, until the securities are pushed; It cannot be saved, repawnable, guaranteed, including the purpose of the allocation of public receivvies, even in the transfer of the administration or control of the export to the public institutions, including the purpose of the bankruptcy of public receivvies, It's not, it's just a precautionary measure of need.

(4) Client's obligations arising out of the mortgage and the assets of the entity Failure to perform in the term, transfer of management or control to public institutions, to remove the permit to operate or to provide income from the assets of collateral, primarily to the holders of the mortgage and the security of the securities. The collateral was built to protect the assets from risk. uses payments to be made to the business side of the commitments that are made. The financial assets of the mortgage and existing collateral, which are not covered by the presence of collateral, may result in the export of assets that are intended to protect them from risk of assets.

(5) Exports, exports, export limits, export of securities and assets of supply and assets The terms of the collateral, the types and qualifications of the collateral, the compliance with the collateral and the collateral of the collateral, the compliance of the collateral records, the qualifications required to have the collateral charge, and the assets that are responsible for the collateral, the collateral and the collateral, the collateral and the collateral. responsibilities, including services to YTM The calculation of this payment is determined by the Convention on the basis of this payment, with respect to the calculation of this payment, and the other than the mortgage and the assets of the real estate.

Business for business financing installations

MADDE 60- (1) In the scope of business financing, housing and asset financing, entities and their qualifications to be taken over by the Board, the transfer of assets, the management of the inherited assets, and the purpose of meeting the assets as collateral, and the purpose of meeting the other activities that are deemed appropriate to the Board. They're partners.

(2) The capital financing of the board of financing is in love with the cash and all manner of muosaas to be paid and not less than the amount determined by the Board; for the bank's founding partners in the Law of 5411, the owners of the shares who share the ten percent or more of their capital or vote rights or more. They are required to complete the search.

(3) Mortgage financing through the representation of the assets specified in the first fund. In the event of a provision of resources, the assets shown, such as collateral, may not be saved for a purpose, cannot be held for any purpose, even if the administration or audit of the institution of the institution is transferred to public institutions. including the purpose of collecting public receivvies, third parties cannot be foreclosed, precautionary measures cannot be made and cannot be included in the bankruptcy desk. The board may also require that the records of the assets shown are also retained in a separate, sealable installation.

(4) Exported entities as collateral in the first series are exported as part of the 59th The mortgage and the existing collateral can be considered the collateral of the securities. The construction of the building, the mortgage, and the assets of the asset are made in the way of the general obligation of the institution, which is the source of the funding.

(5) Installs of Israeli financing; installation, founders, partners, management and The principles and principles of the organizational structure, the principles and principles of activity, the basis of the issuance of the capital market, and the obligations that will be subject to the capital market are determined by the Board.

Rent certificate and existing rental companies

MADDE 61- (1) Lease certificates are to be used to finance any assets or rights The Board of Capital markets, whose qualifications are exported by asset rental companies and whose owners are entitled to their share of revenues from these assets or rights, are set to the Board of the qualifications set. The export and sale of the rental certificates is determined by the Board of the United States.

(2) The anonymous rental companies are established to export the exclusive lease certificate. They are partners.

(3) The default lease company is specified in the actual statement of the Board of Except for those who have been allowed to deal with any commercial activity at the time of activities, and except those allowed in their original commitment to rights, no other rights can be granted in favor of third people and their rent certificates are not eligible for the third party. It can't be rented out to the interests of their owners. Or not. The assets and rights contained in the portfolio of the asset leasing company, until the rental of the rental certificates, cannot be saved, repawnable, even if the transfer of the issuer's management or control is transferred to the public institutions. The guarantee cannot be made, including the purpose of the allocation of public creditors, cannot be included in the bankruptcy table, and the precautionary measure cannot be made about them.

(4) Instead of its obligations arising from the rent certificates The transfer of the management or control of its management or control to the public institutions, the removal of the permit to operate or the income derived from the assets in the portfolio of insolvants is primarily used for payments made to the holders of the rent. In this case, the Board is authorized to take whatever measures are necessary to ensure that the rights of the holders of rent are protected.     

,(5) the installation of the existing leasing companies, their main commitments, the operating basis, The assets and types of assets they can take over, and their qualifications, loss of relationships, management policies, liquidations and ends, and payments from the assets in the portfolio of the existing leasing business in the service of YTM. to be done in the process of calculating this payment The guidelines are set.

 

SIXTH SECTION

Installation of Control, Grading, and DevitationBaðýmsýz

Operating essences

MADDE 62- (1) Public Surveillance, Accounting and Control Standards Agency If you have authorized administrative installations, additional administrative actions are determined by the Board and the list will be made public to any of the administrative installations of this Code. The board will use a list of standards and regulations to identify standard and regulatory requirements for quality control and audit operations under the scope of this Law, the board said. authority.  The board reports the results of the quality control and audit works to the Institution of Public Surveillance, Accounting and Audit Standards.

(2) The board of information systems control, grading and information of the provisions of this Law Regulation, oversight, and control of compliance with international standards by monitoring the public benefit of conducting and ensuring quality assurance systems are being carried out in the safe and safe way to ensure that the management activities are carried out in the safe and safe way. does it. The provision of these installations, licensing and licensing of directors and registration of these installations, and the public disclosure of this information to the public are determined by the Board.

ResponsibilitySorumluluk

MADDE 63- (1) The administrative installations are to be covered by the scope of their tasks. are responsible for any damages that may be caused by the financial table and reports that they have been audited, due to the failure to check the legislation. The ratings and ratings installations with the control installations of the media are responsible for causing damages caused by the response, reflected, and missing information contained in reports that they edited the activities.

Liability

MADDE 64- (1) Financial table in a sleep installation or a collective yacht installation The audit, or administrative installations and auditors of this Law and related arrangements within the framework of this Law and related regulations, have been followed by one of the organizations associated with capital and management with them. with the owner of information while performing their tasks for example;

a violation of the provisions of this Law and its related legislation and its provisions by

b) will be able to prevent the activities of the company from being executed in a continuous and orderly way,

c) Unfavorable vision, or need to avoid a vision,

is obligated to report all kinds of situations to the Enterprise.

(2) The statements that are installed by this clause in the installation of the following controls are provided in the It does not apply to legal and criminal liability from the care of the people who are notified, such as the violation of a law or a violation of the rule of law.

 

FOURTH PART

Stock Exchanges in Capital Markets,

Turkey Capital Markets Union and Digit Institutions

SECTION OF THE REGION SECTION

Commodity Exchanges

Commodity Exchanges and Market Processors

MADDE 65- (1) The appropriate vision of the Board of Commodity Exchanges and Market Companies It is permitted by the Council of Ministers. The permission of these installations is subject to the Board's permission.

(2) Exchange and market users so that they can be granted permission to install;

kurulmalarýa) They are installed in an anonymous business unit,

b) Share the entire share of the payout,

c) Share the share of cash,

) Their capital is not less than the amount determined by the Board,

d) Important or indirect on either the company or the stock market or the market manager Partners who have an impact on the 44th point of the impact,

e) to comply with the provisions of this Law and related regulations in the Esas,

is required.

(3) Installed and operating permit market, market manager, or market name It can be done by the user. While the exchanges and market companies are allowed to be installed, the general state of domestic and domestic financial markets and systemic risk factors are taken into consideration.

(4) at the latest time following the installation of the installation permit for the installation of which is permitted Calls for a permit to operate from the board are announced. The permission of the operation is to be decided by the Board within the six months of the information and documents sought in the form of the information and documents that are searched for in the sixth month of the year. The installation of the installation, which is not eligible for installation within one year from the permission of the installation or in the result of its operation, is not eligible to be permitted to operate as a result of the installation. A year may be extended by the Board, for reasons that may not be required for the installation or installation of the installation permit that allows you to make the installation or not to be notified. A 41-point provision is applied in the cancellation of the operating permit issued to the board.

(5) One or more market (s) for the business and/or management of markets, markets They can make a deal with the manager. That doesn't make sense to the Board of approval. The board approves the approval of the market for the approval of the stock market and ensure that the stock exchange is fulfilled in this Law and related legislation for the stock market.

mali(6) The financial services of the executives of the stock exchange or market companies in the first financial It is mandatory to install the power-on current and the experience and information that will be identified by the Board in addition to this. If any managers of the stock market or market manager are deeming, the situation is immediately reported to the Setup. Stock or market manager managers will be asked to remove their duties and assign them to the Board if they lose their right to determine whether or not they have the right to address the issues specified in this Law or related legislation in the future. this claim is fulfilled by the competent stockbroker.

(7) Deviations, dividend or share of the borrows and market-business companies Any actions that result from a direct or indirect control transfer result are subject to the permission of the Board, even if it is not the case. Any business that does not allow the convention to result in an executive order or market manager, which results in a portion of a share or a control period, does not prevail over the stock market or market manager. This provision will not be registered in a share book, and the records that are made in this way are void. The implementation of this account is determined by the Board.

(8) The Commodity Exchanges of the capital market institutions operating in the markets within their own The capital market tools determine the necessary procedural and essential to monitor and prevent violations of the real or legal entities that are trading in the stock market, and that are the real or legal entities that are ordering or pushing the compliance of the stock market rules. The Borsaas are notified of their own rules for negligence and violation of the law.

(9) The provisions of this Code are registered to stay withheld, stock exchanges, capital The principles and principles of the audit of these activities, the stockbroker's activities that will be conducted under the scope of this Law, and the principles and principles of the market and the principles of the market and the principles of the Board shall be covered by the Board of directors. from the server Such considerations may also be made by the relevant stock market, with a regulation approved by the Board.

(10) The provisions of this Code are subject to a withholding record, and the exchanges are subject to special law provisions. They replace and use the duties and powers that are provided with this Code under their own responsibility. The exchanges themselves determine their budgets and staff members through their essential commitments. Exchanges, partners and market investors with their partners, administrative and financial matters, and regulations, regulations and practices of public capital, public administration or public capital and installation are related to the government. It can't be.

(11) Cases to be opened to the Borsaas are seen in the judicial judiciary. The stock courts are in charge of the conflict with personnel who have been stolen from the United States on 22/5/2003 and the number 4857 of the United States.

(12) About the stock market and its board members and its top management, in this Law The Board is permitted to be prompted for activities due to its activities.

Market locations of a meeting

MADDE 66- (1) receive and sell capital market instruments at the time of the stock market to set up, authorize, and sell systems and platforms for which the alternative processing systems, such as systems and platforms, are being installed, authorized to install, and to be authorized to install, to The capital markets that will see the capital of their capital The principles and principles of the tools, competition, and the principles of the operation of these installations are regulated by the regulations to be installed. The board is the oversight and control authority of these.

Borsaged activities are essential

MADDE 67- (1) Capital market instruments are associated with castabio and precious mines. trusted, effective, effective, stable, fair and competitive use of documents and other documents, as well as those deemed appropriate by the Board;

a) Stop running and stop seeing and process in the stock exchange with quota-stopping,

b) forwarding and reinstalling orders,

c) Refulfillment of obligations in the process of being fulfilled in the time period,

, to be authorized to perform a business statement,

yürütülmesid) Execution of disciplinary regulations,

e) Allocation of stock with stock exchange revenues,

f) Solve the sleep (s),

g) The stock market is likely to be in the interest of a market owner and/or a market manager Move ahead of cracks,

) My business, control, and surveillance systems,

h) Build, manage, and manage the market,

topics and guidelines are available from the relevant stock market and approved by the Board is determined by the regulations.

(2) Exclusiors of related derivative products, except for the one that is in the process of:

a) Do not work in stock exchanges with the Kambiyo and the precious mines and the precious If you have the authority to authorize any of the obligations of those who are authorized by the entitlement of the entitlement of the entitlement,

b) The guidelines for allowing energy products to work in stock exchanges are essential Energy and Natural Resources Department and Energy Market Regulatory Agency for the regulation of the obligations of those authorized by the authority,

receive the visions.

(3) The exchanges are related to the authority and duties granted to them by this Law and other legislation. The authorities are responsible for making arrangements and applying them, subject to these regulations, and the authority and authority to verify that the information that is addressed to them is correct and not.

Borsada cotation

MADDE 68- (1) Capital market tools are based only on this Law The stock market can be put into the stock market if the regulations are available in the regulation.

(2) Public disclosures of those who export capital market instruments of the quota. They make arrangements to ensure that they meet their obligations. The exchanges are required to comply with the convention set up by the Council on the access to information that is to be publicly available.

(3) Stock markets and market users remain in quota for the quota of capital markets. They will make arrangements to periodically review the satellite.

(4) A capital market vehicle found in a stock market cot, this Law and related regulations In the framework of the storm, it can also be put on a stock market.

Stopping and codeting the business

MADDE 69- (1) Stock or market manager, enviable in their regulation It can also come out of the quota as it can stop the business from seeing the relevant capital market. This situation is immediately reported to the Enterprise and will be publicly available.

(2) To stop and stop trading capital markets from trading on the stock market The installation authority is saved.

Surveillance of the business and monitoring of stock market companies

MADDE 70- (1) The authority of the authority is installed in its own, or with its regulars, 67. It is determined by the boards of directors of the first-fund (b) and (c) stock exchange companies that are involved in the analysis of the undertakings of the stocks. This decision may be appealed against the decision of the board of directors of the Anus as more than the amount contained in the fifth article of the 84th.

(2) The exchanges are reliable, effective, effective, stable, fair, honest, and competitive. They can establish the necessary surveillance system and take all preventive measures in order to identify the realities that are being realissed in the way that it will be in the process of being real. The exchanges will also carry out other duties to be given to the Board on surveillance.

(3) The exchanges may perform their tasks within the second phase of service by taking service. The services of the institutions of the service will include the second furlances. The principles of operation and supervision of these institutions are set to the Board. These institutions can provide services to a single stock exchange, as well as multiple exchanges or services. They do not eliminate the responsibilities of the stock exchanges with the duties of their service from these institutions.

Business birthing

MADDE 71- (1) The stock market is deemed necessary in relation to stockbroker activities. Capital markets institutions, which are authorized to operate in the markets within their constitution, are active in the capital market instruments exchanges, information and documents from real and legal entities that emir or work with the founders. They're authorized to ask and review. The information and the requested parties cannot allow the exchange of information based on the provisions of privacy and withholding of the stock exchange, based on the provisions of privacy and withholding in the specific legislation.

(2) Prevention, oversight, or control of market-wracking actions with crimes held in this Law With the aim of effective implementation of the regulations made based on this Law, the establishment and principles of the Convention and other institutions within the framework of the Convention are required to receive and provide any necessary technical support, assistance and information. They have to be found. In the scope of surveillance and audit activities, the exchanges are authorized to share a business and knowledge of foreign exchanges and international organizations within the framework of the principle of the decision. Actions and actions in this scope do not result in the obligation and confidentiality of this Law and other laws that are contained in this Law.

Control of financial and information systems of stock market and market users

MADDE 72- (1) The board of the board, stock exchanges and market traders edit, surveillance, and control. The Board will meet the requirements of such information, at the request of all kinds of information and documents, or to be sent regularly and to provide all kinds of technical support, and other institutions related to the market's business. request.

(2) The financial control of the borrows and market companies is listed in the Board of the It will be done by the installation of the control.

(3) Will control and control the information systems of the Borssars and the market The installation of the installation is determined by the Board.

Dioterances

MADDE 73- (1) The exchanges are required to manage their systems in a safe way. They make arrangements and they take precautions. The exchanges are responsible for building the required internal control units and systems.

(2) Trade-in-trade arrangements under the Exchange and Exchange-and-swap The assets in the guarantee fund, which are being held in order to prevent risks, cannot be used for purposes of public credit, cannot be refunded, refunded, or liquidated by administrative mergers, insolvents, They can't be included, and they don't need a precautionary measure.

(3) The first and second funds of article 17 of the principles of corporate governance, It applies to stock markets, market investors, and market places that you have to invest in.

 

REGION OF A REGION

Turkey Capital Markets Union, Turkey Devializing Specialists Birlii,

Center-Exchange Installout, Central Storage Instalrears and

Central Registration Installation

Turkey Capital Markets Union

ARTICLE 74- (1) In accordance with the article 37 of this Law, in accordance with the service and activities of the to become a member of the Capital Markets Union of Turkey, which is a vocational institution, which is considered to be a legal entity, is a public institution that is eligible to be established by the institutions operating in the capital markets and the institutions that operate in the capital markets.  They have to.  Such installs will be authorized to It is obligated to make the necessary contact within three months of their taking. The activities of the installation that do not comply with the following obligation are stopped at the Board.

(2) Union;

a) to ensure the development of capital markets and member setups To do a number of calls,

özenb) The care and discipline required by Union members and the capital market. set up the business rules for their work,

c) To take necessary measures in order to prevent competition from rights,

to make arrangements, to make arrangements for the matters that are provided to and determined by the Board, to theKendisineo) check,

d) To give disciplinary penalties stipulated in the status of the Union,

to do business with national and international installations, representing member installations,

f) Following national and international professional development, legal and administrative regulations setting members on the topic,

g) through arbitration due to the activities of its members in the scope of this Law to set up and manage the required infrastructure for the solution,

) to meet the other installed in the installed process,

is agent and authorized.

(3) The Union is committed to complying with this Law and related legislation in the regulations and decisions that are made. is required.

The organs and status of the Capital Markets Union of Turkey

MADDE 75- (1) Required organs, general assembly, board, and audit of the Union is installed.

(2) At least ten days prior to the general assembly of the assembly's election, at least ten days before the meeting, The list, which determines the members and representatives of the Union to participate in the elections, will be held at the top of the meeting with a written article stating the meeting's agenda, location, day, time, and the second meeting of the second meeting if there is no longer. The election board will be determined by the election board of the press. It's a big deal. The judge assigns the necessary review and assigns the list and other considerations, a sandwich board member, and a member of two of the sandwich board members to assign them to a backup member. The voting process is based on the basis of secret ballot and the task of opening. At the end of the election, the results of the election have been identified and signed by the chairman and members of the board. Any objection to the elections within two days of the arrangement of the tutanate will be reviewed on the same day and the final decision will be settled. The board has the right to appeal against the implementation of this Law, and the appeal by the Board is also reviewed and decided.

(3) The organs, revenues, expenses, and performance of the Union, agree, membership, and Provisional and continuous output principles are regulated by the Council's proposal and the Statement of Ministers on the appropriate view of the Ministry of Ministers. The Board may propose to the Minister regarding the request of the Union or to the status of the Status of Status in the state deemed necessary.

(4) All members of the Union identified in the 74th Amendment are to be represented on the Union board of directors It ' s basically. This means the candidate who needs to be followed and nominated is in the Union Status.

(5) Union membership dues, if not paid in the period specified in the Status of the Union, be collected from the side by the executive. The decisions on the payment of the Union dues are dated 9/6/1932 and in the case of 2004, the number 68 was the official document of the British Law and the 68th Amendment.

(6) Members are obliged to comply with the Union Status and the Union's decision to receive decisions.

(7) The Union is audited every year by the Board. The control of all kinds and accounts of each other is determined by the Board. A review of the audit report on this scope by the board is sent to the relevant Ministry for the end of the year following one instance of the latest audit report. A related Minister is also authorized to inspect all forms and accounts of the Union, as you may request the necessary measures from the Capital Markets Board to ensure the compliance of the Union's activity is intended to be installed. The decisions of the officials of the Union can be appealed to the board within ten days of the decision, following the decision of the decision. Decisions to be made to the Board are final in the course of the course of the course.

Turkey Deversion SpecialistsBirliði

MADDE 76- (1) Devitation with real estate information They have to be installed to become a member of Turkey's Deeding Specialists, which is a business entity, which is a legal entity, and a public institution.

(2) Licensee is eligible for membership in three months from the date of eligibility for a license. Turkey is obligated to make the necessary pressure on the Devierate Specialists. The license to the anic obligation is cancelled to the Board of licenses.

(3) Degeling installations are within three months of the time the dedding setup was qualified. For membership, Turkey is obligated to make the necessary press. In the case that this obligation is not obeying, The Board is authorized to stop the activities of these installations and to take any measure including the revocation of their entitlements.

(4) Turkey Devierate Specialists, real estate market and real estate to conduct research, to provide training and certificates, to hold the Union members ' solidarity and discipline, and to address the standards of the occupation and discipline of the Union, to conduct the development of the activities, the necessary measures to prevent the right to competition To obtain, to conduct, to conduct, to supervise, to conduct regulations on matters prescribed to him, to carry out disciplinary penalties stipulating in the Turkish Statement of Birligii, to the relevant installations of the relevant subjects. It is tasked with doing business, performing professional development, administrative and legal regulations and setting up the members on this matter.

(5) Türkçe Değereming information of deans covered in housing finance It is imperative to communicate the experts to the Turkish Devitation Specialists, based on the principles and principles to be determined by the Union.

(6) Turkey's Devierate Specialists will provide information on the members of the Union The basis of the charges and the results of the costs, the Banking Regulation and Supervision Agency, the Turkish Deaner Specialists, the Banks Association of Turkey and the Capital Markets Union of Turkey are determined by the Board of Directors of each year. The annual minimum wage tariff set by the board is published in the Official Gazette.

(7) Turkey's Devierate Specialists, in the regulations and decisions to make, this It is obligated to comply with the law and related legislation.

(8) Turkey's Devierate Specialists ' Representative Turkey Capital Markets Union is on the board of directors.

(9) Turkey's Devierate Specialists Union, its members, organs and status of 75. The provisions in the clause are applied to the person.

(10) Members of the Turkish Devitation Specialists, Turkey Devierate Specialists, will become the Union's Union And Turkey is obligated to comply with the decisions that will be taken by the Union of Deans Experts. Members who do not comply with this obligation are given administrative fines of up to 50,000 Turkish Liras from the Turkish Republic of Decree, Birlii.

(11) The Union is audited every year by the Board. The control of all kinds and accounts of each other is determined by the Board. A review of the audit report on this scope by the board is sent to the relevant Ministry for the end of the year following one instance of the latest audit report. A related Minister is also authorized to inspect all forms and accounts of the Union, as you may request the necessary measures from the Capital Markets Board to ensure the compliance of the Union's activity is intended to be installed. The decisions of the officials of the Union can be appealed to the board within ten days of the decision, following the decision of the decision. Decisions to be made to the Board are final in the course of the course of the course.

Central interchange installations

MADDE 77- (1) Central interchange installations, exchanges, and telemarkers The private legal entity, which handles the delivery, payment of costs, payment of costs, and the collateral obligations of the collateral obligations of the collateral obligations of the entities, are the institutions of the anonymous partner. The establishment of the central swap is allowed by the Minister on the proposal of the Board. The permission of these installations is subject to the Board's permission. To the capital of the centrally traded setups, the temporary and continuous stopping, audit, oversight, maintenance, financial reporting standards, financial statements of financial statements and the maintenance of financial statements of the activities covered by this Law. The installation and guidelines are determined by the Board of the United States. The centralised swap installs according to this Code may also execute on the product signings issued by the license stores, with the registration of being authorized according to the applicable legislation.

(2) Membership, collateral, exchange, discipline, capital, revenue, and Regulations on other topics are determined by the regulations set up by the Board or the Convention, and are determined by the regulations approved by the Board. The swap system, membership, the default, guarantees for a centralised swap to ensure exchange trust, and the warranty of members for the centrally responsible situations as the central exchange. The installation, business, and use of funds are regulated by regulations, which are prepared and approved by the central exchange, and are approved by the Board.

(3) The board exchanges and provides exchange services for the central exchange. Identifies the market locations that are available. The exchange service for the centrally traded setups will have the appropriate stock exchange in determining the exchanges they can provide. In accordance with the convention, the centrally traded setups are set up in capital markets, excluding those being made by the TCMB, and may replace the exchange, payment, and collateral. The Board may require that the operation of the business of the capital market instruments, which has been reallocated in the exchanges and financial markets, will be fulfilled in order to replace the central interchange of the business.

(4) The board provides regulatory, oversight and supervision of the centrally traded setups under this provision. It's mercury. The Board may request the fulfillment of the necessary considerations as to the centrally traded activities, at the request of all kinds of information and documents, or on a regular basis, and may request from members of these installations with the centrally swap.

(5) Is also applied to the 44th article centrally traded setups.

(6) Central trade-swap installations for what they consider to be related to their work They are authorized to ask for information and documents from their members and to review them. Members are not able to help to provide information based on the provisions of the central interchange organization's special legislation in the areas of the mission.

Central-to-Central side

ARTICLE 78- (1) The board is selling, selling, and selling centrally traded installations. The centralised party application, which assumes the role of the cast, may require the implementation of the central party application, markets or capital markets, as they are committed to complete the exchange. They may be able to contact the Enterprise to move to a decentralized party application related to the capital market tools that are used in loans or dislocated market locations.

(2) The central part of the exchange of the Takakas is in the process of trading in the part of the interchange The responsibility is determined within the framework of the guarantees, including the limits to be established and the guarantees that will be received from the members.

(3) A member of the central exchange board to serve as a party-to-party service The guidelines for the warranty fund, which will be included in the guarantees, are determined by the Board upon the recommendation of the applicable exchange.

(4) Trade-in and membership in capital market tools subject to the central part The interchange of the Board of Directors is regulated by the Board's approval of the Board's approval, including the obligations of members and the capital, internal audit, and risk management systems.

(5) The relevant capital market for the centrally traded services to provide a non-central part It is mandatory to maintain sufficient capital in accordance with the financial risks that they have undertaken in their vehicles, and to establish and execute internal control, risk management and internal audit systems with sufficient levels of capital to comply with the risks that are in line with the risks. The internal control units of these installations are responsible for controlling risk management and information infrastructure infrastructure and failing to provide sufficient minimum period of time to control and inform the organization of its results. The board may decide to make the check more clear, and may ask for an audit of those who are concerned. The Board will ask to request that the financial competence of the agency's financial competence will be detested, including stress tests, as needed, to demand credit ratings, if necessary. authority.

(6) The board of these installations and the systemic importance of maintaining financial stability. may bring additional obligations, including the capital, to its members.

(7) Calculated with collateral from the installed side to provide a non-central service It is essential to monitor the assets of the owners of the property. The central decision to replace the exchange is not authorized for the purposes of such collateral or assets that provide a central party service, except for the following statement. The centralized decision provides the necessary measures to ensure that the compliance with this fund is to be used.

(8) Central-to-party services are set up by the process of each operation It is not required to do a separate word.

About Tabas certainty and hostage

MADDE 79- (1) Payment with exchange instructions and operations of capital market instruments It cannot be undone and cancelled, including the status of a temporary or continuous stop of the activities of the members of the centralised interchange setups, including the state of administrative and forensic correlations.

Üye(2) Member setups are required for themselves, both, and both third and third as collateral, it is also applied to the property or property of the capital market instruments, dated 22/11/2001 and 988 to 991 of the Turkish Civil Code of Turkish Civil Code, which are subject to the collateral of the capital market. Lack of a savings authority for any reason for the installation of the subject of the subject matter of the guarantee does not prevent the establishment of the centrally traded council for good faith. Third-party employment or the same rights claims are not going to be put forward by the central swap of the third-party claims on assets of the subject of the collateral.

(3) The operations of the central swap setup, interchange, and centrally. The rights and entitlements on the assets of the goods that have been taken as collateral with the cause cannot be deleted in any way. Identification of the council or the guarantee of the council, which established the member set up, has the council to enter into the concordato process by the term of the concordato after the bankruptcy, and the need to restructure it through reconciliation, bankruptcy, and The provisions of the postponement of the bankruptcy or following the provisions of the 2004 Law on the other, or the provisions of this Law on the precaative liquidation of the central exchange, in no way to use the rights and entitlements on the subject matter of the subject matter. It will not be able to be deleted.

Centralized storage installations

ARTICLE 80- (1) Central storage installs are central to capital markets. stored private legal entities in the anonymied partnership that gives them the right to hide and use the rights of the rights. The installation of the centralised saveboard is permitted by the Minister regarding the appropriate vision of the Board, and is subject to the Board permission if these installations are operational. The capital, profit, oversight, oversight, oversight, oversight, financial reporting standards, financial reporting standards, financial reporting standards and other financial reporting activities are provided to the capital of these installations, through the activities of this Law. and installations are determined by the Board of Business and the principles.

(2) Membership, collateral, retention, discipline, revenue, and language in central retention installations Regulations on topics are determined by the relevant centralisation of the Convention or the Convention, and are determined by the regulations that are approved by the Board.

(3) The board may operate as a centrally saveat, centralized storage Sets the types of capital markets tools. The board may require that certain capital market instruments be stored in one or more centralised storage installations. As appropriate, decentralisation will be installed in the capital markets and other markets to be installed are also available for retention. The centralised retention of the registered capital markets appliance is MKKU.

(4) The board is the audit and surveillance authority of the centralised retention setups under this provision. The board is a member of the centrally retention activities, at the request of all kinds of information and documents, or to be sent regularly, at the request of any of the information and documents required to be transferred. isteyebilir.

(5) Is also applied to the 44th article centralisation installations.

Central Registration Installation

MADDE 81- (1) Central Registration is to be registered with capital market instruments Reallocation, registration of these tools and their rights, in electronic environment, by members and rights holders, are installed to make the centralised, private legal legal entity of these tools. It's anonymous.

(2) MKs install, operate, membership, play, and control, revenue, and profit share The guidelines are organized by a regulation that will be played by the Board.

(3) The MKK also performs activities that are counted in the next step, as well as the number of activities that are included in the first phase:

a) The corporate governance principles included in the Law of 6102, and related other legislation an electronic platform to which associates and yachts will be able to communicate in order to ensure compliance with the compliance

b) To ensure that capital markets are collecting data at a single point in time to create an electronic data bank, to use the data within the framework of the principles set up by the Board

c) The other duties given by the board within the framework of the capital market and related legislation, and Making arrangements required by you

to be authorized according to relevant legislation, the product organized by the licensee To be able to register, maintain, and platform monitoring of bonds, and to build a platform for the monitoring of the rights of the peoplekayden

(4) Within the framework of the regulations, the MKK, in relation to its iances and actions, He is authorized to request and review the information and documents from its members in the event that it is necessary. Members are not able to help to provide information based on the provisions of the MCC on special legislation in the field of duty.

(5) MKK and its members will comply with the rights holders of the loss of records. is responsible for the damages to the damages.

(6) The board is the oversight and control authority of the MKK. The Board will perform any information and information required with the registration of the capital market instruments, any information and documents written, or electronically delivered, at the request, or on a regular basis with the MKK from a member.

                 

THIRD PART

Diofer Institutions

Rounds of entitlements

MADDE 82- (1) The assembly is due to the capital market activity of the board of yacht installations. a cash payment or capital market means that they are unable to meet their delivery obligations, or if they are determined to not fulfill their delivery obligations, the compensation of those yachtmen will be indemnable. This decision is received within three months from the detection of the situation. The scope of this Code is reserved for the scope of the measure in this Law.

(2) Banking to be made indemnify on banks with first warning of banks The organization of the Regulation and Supervision Agency is taken. No provisions of this Law ' s compensation are applied to the cash payment obligations that are accepted as deposit or contribution funds as per the banking legislation.

Yatrccu Compensation Center

MADDE 83- (1) The public is entitled to compensation within the framework of this Law A haiz YTM is the legal entity. The YTM shall be governed and represented by the Board within the framework of a regulation to be taken by the Board. The work to be carried out by the YTM will be conducted by the Board staff and the personnel to be employed for this job. The principles and principles of this are determined by a regulation that will be played by the Board.

(2) The authority is required to contribute to the YTM of the installation. The development of yacht installations to the YTM is determined by a regulation that will be set up and essential to the Board of the entry of them, the input of the year, and the additional payment of the aid. In this regulation, separate essentials can also be foreseen in determining the amount of avatars, as well as the risk of the installation and risk.

tazmin(3) Required by YTM to indempate the Board of the right to the Board It can be decided that the payment of a given installation will be stopped and that only the YTM can be saved on all the assets. This provision applies in terms of banks, cash payment due to capital market activities, and capital market delivery obligations.

(4) Any escrow and credits arising from the service and operations of the authority, account The most recent request that the owner has made, in the history or any other way, from the date of written instruction, the yacht fund and the current capital of capital, from the date of liquidation, to YTM, regardless of the demand and charge of ten years. income is recorded. The guidelines and guidelines for this are determined by the Convention.

(5) YTM has assets, may not be used for purposes, may not be collateral, public receivable Even if it is, it cannot be put into place, it cannot be repawled, it cannot be put into bankruptcy, and its precautionary measure cannot be put on hold.

(6) YTM's plans for the scope of this Code are from the levy, and the number of profits it will regulate It's the undersecretary of the tax. It is not possible that the YTM has been economic-led by the 5520 Corporate Tax Code, dated 13/6/2006, and the activities covered by this Law.

Scope of the compensation

MADDE 84- (1) The scope of the compensation is the yacht service and operation of the yachtwork or any claims arising out of the delivery of a cash payment or managed cash payment or delivery obligations that are either stored or managed by the side services by the side services and failure to perform.

(2) The yachtships of the entitlements are indemnify under this article It has the right to demand. The damage caused by the yacht ' s sleep or the price movements of the market is not covered by the compensation.

mal(3) 106 ncu and 107 nci items related to the crimes or crime The claims of the prisoners, who are convicted of laundering their deems, are under the scope of the indemnities, to be credited with the receivables of such actions. The charges against those indicted for criminal charges will stop until the court's decision is finalised, the court heard, after the charges.

(4) The number of people and institutions are not refreshable:

a) Members of the board of the board of yachtships that are ordered to indemnify the entitlements, managers and business partners, partners with five percent or more share, board members, or related yacht installations, with similar locations in the same group, with similar locations in the same group, the second and second To some extent, with the blood and loss, moving to the name of these people third party (s)

b) The rest of the entitlements are in the same group as the rest of the board of indemeres Companies

c) Twenty-five percent or more of the real and legal entities that have been counted on (a) of this office Companies with a share

c) The financial condition caused by the management of the authority to install or People who have a responsibility or interest in events that have significant impacts to corruption

(5) The maximum amount of compensation to be paid to each yacht is one hundred thousand Turkish Liraswill. This amount will increase in the number of redeeming factors declared every year. Upon the proposal of the Council, the amount of total compensation from the Council of Ministers may be increased by the five. This number covers all of the requests from a yacht, such as the account count, type, and currency, and the same amount of time that a yacht has been installed. You will not be paid by the YTM if the amount remaining on the maximum amount to be paid for by the YTM is transferred to a non-refuntable yacht.

Compensation process

MADDE 85- (1) The Entitlers make the claims of compensation written to the YTM as a written. The right to claim the claim is due to be scheduled for one year after the notice of the decision to indemnify.

(2) YTM is obligated to make the necessary preparations to indemnify eligible yachts as soon as possible, and to reallocate the payments within three months after determining the rights holders and the amounts of compensation. At the same time, it may be extended for a maximum of three months, with the approval of the Board.

(3) The compensation claims are not available when the yacht is installed. are calculated on the return obligations of the market instruments. The capital market tools that are stored in the name of the yachts are primarily based on the rights holders. These capital markets are destroyed by each account they are in, and for the non-fulfillment of their obligations, especially for the unfulfilled exchange. The amount of condolence is determined by considering the laws and similar demands of the installation of the yachts, which are based on the legal and financial statement. The calculation of the calculation of the yachts will be determined by the Board.

(4) The process of indemying the YTM upon notice after the completion of the process of indemerence It's a close call. The YTM offers the results of the compensation process, along with the justification for the justifiant suggestion of whether the decision to compensate the yachts and the request for bankruptcy is useful. The decision to liquidate or bankruptcy does not hinder the progress of the indemption process. YTM is as much of a successor as the rights of the yachchers, the amount of compensation that is paid.

(5) Reyacht services and services that are fully recovered by the authority of the entitlements and Payments are required to keep up with all of the payment and expenses paid by YTM, including the money and legal interest, to ensure that they are engaged in their activities.

(6) The laws of this Law are held in order to remain hidden, and the decision is made to statements and the advertisement, the process of the compensation process, the obligations of the indemnization of rights to the YTM, the obligations to be applied in the state of the country and the country of the country at home guidelines for the protection that will be available to the yachts,  The obligations of the compensation under the rights of the restitution, the rights and obligations of YTM, the financial details of the YTM, the financial table, ledger and reports of the YTM existence, and the use of the YTM as well as its reports and reports. In accordance with the general provisions, the guidelines are determined by a regulation that is to be established.

Teamwork liquidation

MADDE 86- (1) About those who are compensative for yachtmen with an 82-nci clause The board may also decide to approve a liquidation of the restitution process, excluding banks, with the decision to close the process of indempit. In this case, the measures of the measure are carried out by YTM.

(2) The intent of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the purpose of the decision The payment of the credits obtained by allocating the compensation to the yachted balance due to the compensation of the yacht’ s compensation under the process of indemnify under the 85th clause, by allocating the cost resulting from the transfer of the YTM to the yacht’ s attems. The provisions of the liquidated decree and the provisions of the liquidation of the Code 6102, the Law of 2004, and the liquidation of the other legislation shall not be applied. The measure of the measure is determined by a regulation that is set up by the Convention.

(3) The duty and service of the statutory bodies of those who have been granted the measure in the right of the Convention. authorizations shall be fulfilled by YTM until the conclusion of liquidation from the decision of the measure. The required ones are the registration and the proclaims that are subject to the request of the YTM. They reassume the duties and powers of the legal body prior to the date of the liquidation of the measure, when the state of the measure was declared the result of the conclusion of the liquidation of the measure.

(4) The right to a liquidated liquidator will stop payments, and all goods are in place, It can only be saved by the YTM. The YTM detects active and passive interest of the measures subject to the measure. The rights and liabilities of their promises, which are due after the decision of the measure of the measure of the measure of the measure of the measure, are also determined by the reputation of their will. The guarantees were issued under the legislation, and the current account was taken into account. The default interest in the process between the tazmin and the liquidation process is determined by the Board. It cannot be declared bankrupt until the liquidation is decided, until it is determined to close. As a result of the December 2004 Law and 21/7/1953 and 6183 of the 6183 Amme Creations, the following are not followed by law, and the timing of which could be interrupted by a followup treatment. And it doesn't work out if they're entitled to.

(5) YTM shall receive the actual rights holders and those involved in the liquidation, based on the information and documents obtained in the process of compensation of the debt amounts. The YTM will also consider the YTM to receive liquidation expenses resulting from the fact that YTM is a successor to the yachts. Those who are in cash from the active liquidation of the purge, are used to pay for those who are not, and those who are not, are translated into money. The battery will be paid primarily for the client. Pay out of the garage as soon as the client is ready to receive the client's client. After the full decision, the credits are due primarily due to payments and liquidation expenses, from the garage to the public receivables and the remainder of the YTM under the 85-pearl clause. The balance is allocated to other lenders. It is determined by the regulations that will be translated into money from the cash flow of those that have been granted to the measure, and to pay for the payment of the garage and to the basis of the payment of the material from the garage.

(6) The management of portfolios that are governed by the measure of a measure of the measure is a form of management. The installation can be decided by the Board.

(7) YTM, without delay, the management and control of the restitution decision, along with the management and supervision of the persons who are in possession of, or together with, the sole or co-owned partners of the legal entity. Actual business owners who have more than one share of their own, their property and their business, property, rights and credits, and their goods, and their assets and their assets and their income and their income, which is the property of their children in custody; In the two years prior to the declaration of the liquidation of the measure, the measure was abandoned or iratly. The cost of goods, rights, credits, and securities that they power or transfer as soon as they are able to power, qualify, and represent a commodity statement, as well as the transfer of goods. It is mandatory to grant the requested goods statement to YTM within seven days at the latest, according to these fikra provisions. YTM, the precautionary measure to keep the administration and control over the assets of its only partner or co-holdings, the precautionary measure to include precautionary foreclosures, including the domestic law of the country. It is authorized to ask the court for the interest of any conservation measures that are mandatory for the interests of the creditors. The relevant provisions of the 2004 Law are applicable in the provision and results of this property statement. These decisions are eliminated within the framework of the provisions of this framework, as well as whether they are not sued within the sixth month of foregoing, or in pursuit of executive or bankruptcy proceedings.

(8) The board decides on the shutdown of the YTM and the liquification of the measure. In accordance with the Board's appropriate vision, YTM is in compliance with the Board's compliance with the assessment of the rights holders under the purpose of the liquidation of the liquidation of the liquidation of the measures. They may also want to file concerns.

(9) YTM legal representative, administrator, and management of its duties in the liquidation of the Telricical liquidation All charges against personnel are filed against YTM and any compensation and credit cases will be filed against you. In criminal cases to be opened up about YTM personnel, the 133rd clause is applied. The YTM personnel cannot be held responsible for the measures they have issued during the measure of the measure, and cannot be held responsible for public debt, the debt of social security institutions, and the financial obligations of the other. There is no obligation to notify the court of capital market institutions that have been decided upon the measure of the competence of the YTM staff, and/or that they have a debt-to-debt. Without notice, the provisions of Article 179, 277 of the Code of 2004 and 345 /a clause in the Law of Law No. 341 of the Law of 6102 in accordance with Article 341 of the Law may not be responsible for the liability of any kind. The YTM will have the right to a staff member who has reported missing or failed staff.

(10) is entitled to the case that YTM has due to the decision to liquidate the right to  are subject to the time period.  A cancellation case may be filed by YTM in the presence of the condition, as specified in Articles 278, 279, and 280 of the 2004 Code of 2004. YTM is authorized to ask for precautionary measures and precautionary measures, which are exempt from all kinds of guarantees in the disclosure of their duties arising from this item.

Data storage installations

MADDE 87- (1) The Board of the Board, with the purpose of protecting the systemic risk and the protection of financial stability, as a result of the fact that the capital markets are being notified of the fact that they are informed of the fact that the information, the information, the information and the content are determined from the right to itself or to a data storage set up request. In the scope of this clause, those who are obligated to notify are not able to help to provide the requested information, citing privacy and withholding obligations in the private legislation.

(2) How to install a notice on a data storage installation that is authorized by the Board in which case, the responsibility of the applicable data storage installation is determined by the organization and the environment in which the information is kept, and the regulation to be done on the basis of the Board.

(3) Information in data storage installations, including public legal entities, with third data The part of the Board is subject to approval. The application of the personal data to the implementation of this fan is in compliance.

(4) The board is involved in increasing the effectiveness of data storage. In Turkey, financial management may require real and legal entities to receive a code or number from an institution that will be set up by the Board. The guidelines and guidelines are organized for the implementation of this storm.

 

PART OF THEBEÞÝNCÝ

Audit and Measures in Capital Markets

SECTION OF THE REGION SECTION

Control, Search, and Handout

Audit activity and administration authorities

MADDE 88- (1) The provisions of this Law and other laws regarding the capital market The professional staff is authorized to operate and operate all types of capital markets. This authorization is used by the Board of Staff assigned by the Board.

(2) The board risks with the importance and priority principles of auditing activities. The application determines the criteria that will be considered in their deizations and the application guidelines. Audit activity is carried out in the program under which the Board is due to be involved in risk dexterity with the principles of importance and priority. The Board may audit the program while it is required to review the scheduled program.

The audit activity is involved

MADDE 89- (1) The control is related to all institutions and installations covered by this Law.  and its activities related to the provisions of this Law and the relevant legislation of the capital market of the relevant legislation. The personnel assigned to the audit are all concerned about the provisions of this Law and related legislation from the relevant real and legal persons to request information and documents related to the provisions of the capital market, including the tax-related records. All of the records and documents that are held in the electronic environment include all records and information, including those who are held in electronic environment, to review their information systems, to ask for access to them, and to take samples of them, and to check the accounts and accounts, to receive written and oral information, to organize required tutants authority.

(2) The British have fulfilled their requests for the first phase of the audit. They are obligated to bring in and sign the minutes. The reason for the imposition of the imposition is that the reason for this is clear in the tutanus.

(3) The board is in charge of the decision and is required to decide on the decision of the magistrate. can be searched with a branch of the arm. Any ledgers and documents that are found in the search are identified by a container and are shipped to a place where the inspection is not possible, and is transferred to the site of the inspection, as well as the field inspection is not possible.

Secrecy and withheldsaklama

MADDE 90- (1) in the framework of the first and second fiends of the 89 The actual and legal entities, which are requested information, cannot be told to provide information, citing privacy and secret retention provisions in this Law and special laws.

(2) Public information and information about the incident and the public at the event It is mandatory for real and legal entities, including institutions, to retain the nature and nature of the review as a result of the review.

 

REGION OF A REGION

Measures

Measures to be implemented in the Kanuna-specific exports

MADDE 91- (1) The capital market is exported to or from this Law. All legal and criminal responsibility, all legal and criminal responsibility, are to remain in place. The board is authorized to take all necessary measures, exempt from all kinds of tuition and guarantees, to request a precautionary measure and a precautionary measure of precautionary measures to be exempt from all kinds of fees and guarantees for the sale and sale of the capital market.

(2) The board will eliminate the results of a month-to-law export and cash and other refers to the corresponding issuance in thirty days from the date of detection for the return of the assets to the rights holders. Muhapp declares and communicates with the Board the actual and legal entities that collect money within thirty days from the date of the tip, and the details of the amount collected will be determined by the Board. It may appeal to the court of law that the real and legal entities, which have been collected money from him within the three months following this ad, will be able to appeal to the court of law. Upon the commitment of that list, the relevant export is returned to their rightful owners by the person who is realtigly. The precautionary measure and the precautionary volume cannot be removed when this return action is completed before it is completed.

(3) Exports of this Law within one year from the date of the written notice of the Board If the results are not completely eliminated, the Board is authorized to file charges for the return or liquidation of the cash and other assets to the rights holders.

(4) The money raised from them is withheld due to the general provisions of the people who have collected them.

In the process of reducing capital or property assets with the government's actions,aykýrýiþlemlerinde measures to apply

MADDE 92- (1) Subject to law, law, capital market legislation, principal The Board is determined to reduce the capital or property due to the reduction or loss of assets or funds due to the loss of, or loss to, the Board;

the Board of the United States

a) The provisions of the 6102 count of the Law are to be resolved with a record of staying saved to require measures to take place and to make the projected actions, and to indent the related authorities, if necessary,

b) This is three months and every time period from the date of the Convention in which the business is legally separated. in three years of the situation and the status of the action, and to open the case for the detection of pruned or absence within the five years of the body, 

c) This is the first degree of court decision of the presence of the states and the process, or this under the request of the Board of the Convention, without the decision to decide, to remove the responsibilities of the signees, to make criminal charges against them, until the trial is resolved. the first general assembly to be removed and made to appoint new members of the board of directors who have been removed from office until the meeting of the meeting,

The.is authorized.

(2) Banking Regulation prior to publicly available banks about public banks. And the Supervisory Agency is visible.

Measures to apply in a registered capital system

MADDE 93- (1) The board of directors is under the framework of the 18th Amendment. to decide against their decision, to call for a cancellation in the court of trade, to open the case in the commercial court and to ask for the decision to return to the court of commerce within thirty days from the date that these decisions have been made public. authority.

Measures to apply in implicit benefit transfer

MADADE 94- (1) The board is determined to have identified the following in the 21st to ask the Board to announce the results of the audit, which will be determined by the Board, to ask the partners to announce the results of the audit and the results of the audit, which will be determined by the Board of the results of the collective. are authorized to sue for their return within the period of time.

(2) The first fib of the 92 nci is also applied from this matter.

Send observers to general assembly meetings

MADDE 95- (1) The assembly is public, in which it is deemed necessary. They can send observers to the boards of the vote.

Capital markets will be implemented in the operating or business of the law measures

MADDE 96- (1) The board of the capital markets institutions is determined by the The standards, the main commitment and the fund are determined to identify the activities of the internal policy; to request that they be resolved in a determined time and compliance with the law and principles of compliance with the law or to the right of compliance. The scope of the activities of these institutions It is authorized to either stop or temporarily stop, or to revoke, or to take any measure, of which certain capital markets activities are to be revoked, or to prevent them from being able to.

(2) The board of directors and other people who are responsible for law-related activities or businesses Temporary or permanent revocation of the licenses owned by the people, to remove or remove the signatures of the signatures until the decision of the criminal complaint is concluded, the law is in a state of law or In the process of being held in the process of being held in court, is the authority to remove the identified board members and to appoint new ones to their place until the first general assembly to be held. The Bank of Banking Regulation and Supervision Agency is taken before the execution of the members of the bank's board of directors is established.

Measures to be applied in corruption of the financial situation

MADDE 97- (1) The board of capital markets obligations of capital markets They failed to meet the cash payment and financial vehicle delivery obligations resulting from capital market activities, or may not replace or replace the financial structures delivery obligations, and financial structures may not be fulfilled in the future. Or the commitment of its financial status In the state that it is too weak to process it, it will not take three months to request the strengthening of financial structures within the appropriate time period to be taken, or to temporarily remove the activities of these institutions without any time. to stop their entitlements with respect to all or certain capital market activities; redemnify the yachts; temporarily or continuously cancel any licenses that are responsible for the responsibilities identified by the to remove or remove the signature authoris, and to appoint the members of the board of directors and to appoint their replacements until the first general assembly to be held; to decide the measures of these institutions, following the end of the liquidation, or to the discretion of the board. It is authorized to ask for bankruptcy without going or to take other measures that are required.

(2) The assets of the capital market institutions that are continually removed are authorized by After the decision of the Council's decision, the decision was to be decided by the court, following the completion of the measure, following the completion of the measure, or when filing for bankruptcy, the court of bankruptcy request was decided on the basis of the decision. until the meeting, within the framework of the board and the precaative liquidation. There is no transferable, repathing, collateral, measures, non-measures, except for the work to be done by the YTM. All the foreclosures and all the precautionary measures that have been done about these are all precautionary measures, and all of the executive and bankruptcy pursuits will stand out from themselves, the timing of which can be cut with a follow-up treatment, and not the right-to-be. If a decision is made, it will receive the concession, primarily due to the credit of the Government and social security installations of 6183, which will receive the concession from the payments made by YTM. These credits are paid according to the cash status of the table, without waiting for the final schedule to be finalised on the article 232 of the count of 2004. The provisions of the actual and legal entities that apply the provisions of the Law 5411 and the provisions of the Law No. 5411 are the credits of the Savings Deposit Insurance Fund, which are the provisions of the Law and the provisions of the Law.

(3) First-alert activities are temporarily halted capital markets. The assets of the Board are not transferable, repaplible, collateral, non-redeemable until the date of the date for which they are not allowed to be operational again until the temporary stop decision is also made, and that is not permitted by the Board. all the volumes that were made about it and all of the The precautionary measures, and all the executive and bankruptcy pursuits, stand out from themselves. The timing of a follow-up, and the right to be cut off, and not for the most part. The capital markets institutions, which have been decided by the board, are available prior to stopping activities, and continue to all the actions that are contained within the first sentence of this view.

(4) This is a temporary warning that the Law will be held on the basis of the Board or its own claims. The temporary downtime of the discontinued capital markets institutions cannot exceed two years.

(5) relieved of the capital market legislation or capital market activity Except for the measures for execution, the Bank is decided by the Banking Regulation and Supervision Agency for the implementation of the measures set out in the first phase. The measures are decided by the Savings Deposit Insurance Fund if the measures are applied to the banks that have been transferred to the management or audit Savings Deposit Insurance Fund, under the relevant provisions of the 5411 number of laws.

Measures to be implemented in the financial liquidation and bankruptcy cases

MADDE 98- (1) The assembly is insolvate or 86 ncis of capital market institutions A group of partners with more than 10 percent of their partners or members of the board who have more than ten percent of the right or more than 10 percent of the right to be identified in the event that they enter the precaveal role. your executive managers, portfolio management company managers and fund-financing funds and fund board members who fund board members are authorized to ask for the bankruptcy.

Measures to be implemented in a non-Israeli capital market activity

ARTICLE 99- (1) The board is required to stop unauthorised capital market activities. to take any measure, to remain responsible for any legal and criminal liability, to ensure that the results of the unauthorised capital market activity and operations are annulled and the return of cash or capital market instruments to the rights holders. from their history, one year and one from the history of the vubu He is authorized to file a lawsuit in five years.

(2) Real and legal entities engaged in an Israeli capital market activity in this regard. It applies to the second fir of the 96-ncu clause, as well as the common and executives that have been identified as having committed damages for such activities.

(3) Human capital market activities are detected through the internet. It is decided by the Board of the Board of the Board of the Board of the Board of the Board of Content and regulations on which the content and location of the content may be held domesically. Information Technologies and the Department of Education will prevent access to the board, as it is to be found in the country's home country.

Measures to be applied to the law in announcing, advertising, and opening statements

MADDE 100- (1) Authorization documents in the capital market without permission to be cancelled, whose activities have been used in the trade titles, advertisements and advertisements in the capital markets, where they have been engaged in trade titles, advertisements and advertisements are closed, and central organisations have been closed. To prosecute those responsible for criminal prosecution. In keeping with the delay, the relevant legislation can be stopped and advertisements can be stopped and advertised, and collected ads, advertisements and advertisements, and is the largest property supervisor at the Convention's request. parts of which can be closed temporarily.

(2) The assembly is declared to be the third party in article 7, advertising and stop and remove from the comments.

Measures to apply in information abuse and market fraud inspections

MADDE 101- (1) The board is engaged in the operation of 106 ncis and 107-counted verbs. as capital markets instruments related to the authorities of real or legal entities and the authorities of the legal entities;

A) Prohibit temporary or continuous operation in the borrows,

b) Devitation of the Tabas methods,

c) Credit, opening, borrowing, and resetting the process of giving and giving

) The fulfillment of the obligation or the liability of the liability,

d) Business in a market or market, or set a different basis,

e) The scope of the scope of the market data is not supported,

f) Resetting a business or position limit,

almayato take all necessary measures, including the effective and effective efforts of the market, including

and It is authorized to determine the principles and principles of implementing measures.

(2) The board will implement a program to buy its own shares under article 22. The company's share of real or legal entities with real or legal entities involved in the management, audit or capital of the relevant public, or related to the public in question, has been put into place in the state. It can bring you up to it.

Notice obligation

MADDE 102- (1) A process is charged 106 ncis and 107 counts of crimes. The capital markets institutions that will be set up with the board of yachts are obligated to notify the Board or the organizations and organizations that will be determined by the Board to determine any information or other information that will require any information or other information about the organization. The board shall determine the principles and principles of the notification obligation.

(2) The agency notifies the agency, even if convicted in the special law. In the case of statements and statements made in notice, the court shall not provide information to the institutions and organizations of the third party, including those who are party, including those who are party to the Prosecutor's Office, the prosecution and the Financial Crimes Council.

 

SIXTH PART

Fines and Capital Markets Crimes that Require Punisher Fines

SECTION OF THE REGION SECTION

Verbs Requiring A Monetary Penalty

General guidelines

MADDE 103- (1) The regulations based on this Law are the standard and Two hundred and fifty thousand Turkish liras of administrative fines are issued by the Board of 20,000 Turkish liras by the Board of people who are moving to the forms and the general and special decisions of the Board. However, the amount of administrative fines that will be given to the benefit of the liability cannot be less than twice the amount of administrative fines that are available.

(2) A private legal legal entity of the person who is moving to the first fund's obligations If there is no organ or representative or an organ or representative, it is a duty of duty within the framework of the activities of this legal entity, and the first fikra provision is the administrative fines of the first fir provision. No administrative fines are issued to the legal entity as a result of the damage to the legal entity that is representative or acted upon.

(3) The offer of a share in the grace period during which 26 ncis are available and, if required, installed. Actual and legal entities that do not meet the requirement are paid administrative fines up to the total price of the subject's shares in a share offer.

aranmaksýzýn(4) Your call to the Board of information described in clause 106 is permitted The members of the board of directors and directors of the issuers who profit from the purchase of the relevant capital market instruments in the time frame determined by the Board are obliged to export the net gain they obtain. Those who do not meet this obligation within thirty days are given double administrative fines of the interest they have obtained by the Board.

Members who do not comply with the obligation in the sixth section of the

(5) 5th article, Turkey Capital Administrative fines of up to fifty thousand Turkish liras are issued by the Birliani by Birlii.

 (6) People with public and collective yacht installations are able to continue and work with They may not do activities that are expected to be used to protect or increase profits or property as a dominant and honest trader within the framework of their main commitments or internal regulations, or to protect or increase profits or property. the profits of real or legal entities that they are associated with, or Administrative fines of up to two hundred and fifty thousand Turkish liras are issued by the board of the relevant legal entity to the relevant legal entity, which is the reason for the increase in the assets of the property. However, the amount of administrative fines to be given cannot be less than twice the amount of interest obtained.  

Market disrupter actions

MADDE 104- (1) A reasonable economic or financial requirement that cannot be opened, stock exchange and The action and actions that will disrupt the work of the emerging markets in confidence, hunger and stability are the market-wracking action if there is no crime, if not a crime. Twenty thousand Turkish liras are given the administrative fines of 20,000 Turkish liras from the board of the Council, which actualized the market-shaming actions set out by the council. However, the amount of administrative fines that will be given to the benefit of this benefit cannot be less than double the amount of this interest.

How to apply high-money penalties

MADDE 105- (1) It is the defense of the interest prior to the implementation of the Israeli fines. It is assumed that the attention of the defense is not issued within thirty days from the date of the publication of the written statement of the defence.

(2) One of the misdemeanes described in this Code is made available until the decision is made In the case of the execution, the relevant provision is given an administrative monetary penalty and the penalty to be given is twice as much as the penalty to be given. However, the amount of administrative fines for the provision of a benefit or the amount of damage that may be caused by the execution of this offense cannot be less than three times the amount of this benefit or damage.

(3) The fifty percent of the administrative fines collected comes in the overall budget, with a percentage of Transfers the pro-50 to the YTM to save.

(4) The administrative monetary fines issued by this Law will be set to administrative judiciary. It can be done.

 

REGION OF A REGION

Capital Markets Crimes

Information misconduct

MADDE 106- (1) Capital market tools or exports as either direct or indirect. about the purchase or purchase order of capital markets related to relevant capital market instruments, which may affect the decisions of their respective capital market instruments, and their decisions, as well as for the publicly publicied information on. Whether or not he has ordered or revoked his or her ordered order. Who has a vested interest in him or one of his own;

a) administrators or managers of women or partners who are partners or partners,

b) because they have a share in the partners or partners of the host or their information that has information,

c) aries that have this information due to the invention of the business, profession, and tasks

), which makes it possible to criminalize this information,

d) Know or prove that the information that they have is described in this source. People who need to know how to do this

fines up to two years in prison or a criminal criminal sentence. However, it cannot be less than twice the amount of the penalty for which the criminal punishment is being ruled out of this crime.

Market doculboard

ARTICLE 107- (1) Capital market instruments prices, price changes, supply and supply Those who receive or sell to make an impression of their demands, order or sell, order, cancel orders, order statements or account movements are held to be held for up to five years and more than two thousand days. They'll be punished with a criminal penalty for up to a thousand days. However, the amount of criminal criminal penalties that will be given to the crime cannot be less than the benefit of the crime.

(2) The prices of the capital market instruments, their dears or the decisions of the yachts In order to influence, lies, false or false information, rumors, reporting, commenting, or reporting, or those who spread the report, are sentenced to up to five years in prison and a criminal penalty of up to five thousand days.

(3) First-hundred thousand Turks, by showing the same person who committed the crime in the first frame. Twice the amount of the interest in which it has acquired, or acquired, less than the time of the land, is the Treasury;

A) is not yet to be charged with the penalty if paid prior to the start of the question.

b) If payment is paid in phase of the question, the penalty to be given is reduced by half.

c) a third of the penalty to be issued if it is paid until it is sentenced in the course of the prosecution is lowered in the ratio.

Uncounted as information abuse and market dominates

ARTICLE 108- (1) The state of state is not familiar with, or the market does not count:

a) any formal institution or people who are acting on behalf of the TCMB or authorized process of money, exchange rates, implementation of public debt management policies, or financial stability, to be used

b) Withdrawal programs applied according to the Board regulations, making a share of the people who were stolen allocation of programs or other shares of the media or media partner

c) The board's price stability in the scope of this Law will be consistent with the way it is working. whether or not to sell or sell capital markets tools with the registration of their executive orders, to support the market price for a pre-determined period of market price. canceling

Unsulless ring-supply and unauthorised capital market activity

MADDE 109- (1) Capital without obligation of approval of the approved permit The people who sell the capital markets, or those who sell the capital markets, are punished with criminal penalties ranging from two years to five thousand days, and up to 10,000 days from five thousand days, without the public offering to the public or to the approval of an export certificate.

(2) Those engaged in an unauthorized activity in the capital market are jailed for up to five years and They are punished with criminal penalties ranging from five thousand days to 10,000 days. If they commit the crime, which is also known in the first phase of this crime, it will only rule against the crime that has been defined in this trailer, and the penalty will increase to a half of the crime.

Confisification and fraud

MADDE 110- (1) Filler trust is qualified to blame for abuse of trust In this case, the penalty for the provision of the second number of Article 155 of the Code 5237 cannot be less than three years:

a) Entitlements to the board of funds covered 58, and the 59th to the collateral; in case of capital market activities or in order to manage or to manage, or as collateral or in any case, the funds, cash and services of the funds or funds that are registered or delivered to the capital. It is in the interests of itself or the interests of all kinds of things. selling, using, pausing, concealing, or denying

b) Management, control, or capital maintenance, or has been associated as a result of to reduce the profits or assets of a public partnership by providing them with implicit push and to apply the obvious price, wage and price, according to an order from a network of buses or cities.

c) With public partnership and collective yacht installations, dementia is available and stale Compliance with real or legal entities and real or legal entities that they are associated with, or indirectly, from the management, audit or capital balance, are different to the principles of market, commercial life, and integrity. Understanding or trade with price, price, price, prices, or to reduce profits or assets, or to increase profits or assets by making applications, such as making applications or producing a volume of business

(2) The installation of the board, the fund under the article 58, and the 59-th The people who are in charge of the collateral, destroy, destroy, or otherwise be punished, are jailed for more than two years and are punished with judicial fines of up to 10,000 days from the day of the day. However, the legal consequences of the number of 5237 laws in the document convicted of fraud in the document are also applied to those convicted of this crime.

(3) First-in-law (b) and (c) the blame for abuse of trust in the scope of the entents By showing the active pivot, the payment of the payment in the fourth section of the 21st Amendment is twice the amount of money;

A) is not yet to be charged with the penalty if paid before the start of the question,

b) If payment is paid in the trial phase, the penalty will be reduced by the half of the sentence,

c) a third of the penalty to be issued if it is paid until it is sentenced in the course of the prosecution is lowered in the ratio.

Block information and documentation, blocking control

ARTICLE 111- (1) The information requested by the Board or by this Law, as requested by the It is punished with a prison sentence of up to three years of imprisonment, which does not provide any or all of the items included in the document and electronic environment.

(2) The part of the Board or this Code, which prevents them from doing their duties. He is sentenced to two years in prison with a sentence of two years. The relevant articles of the number of 5237 laws are to be punished according to the relevant provisions of the Code of 5237, when the officers involved in this suppression have been used to the office.

irregularity in legal books, accounting records, and financial tables and reports

MADDE 112- (1) As a Kasitum;

a) Those who do not properly maintain the ledger and records in which they are obligated to hold the wing,

b) Those who do not save the ledger and documents they are obligated to save during the legal term,

They are sentenced to up to two years in prison and a judicial fine of up to five thousand days.

(2) As a muscular;

a) Those who edit the financial tables and reports in a non-lit state,

b) The month-to-month account opens,

c) Any accounting rigging in the record,

c) to be edited with either the left or the host system of control and the report editing the members of the board of directors or their responsible managers who are responsible for the issuance of the following issues,

5237 is punished according to the relevant provisions of the Law. However, it is not possible to search for a non-use of a fake document in order to rule the private document for forgery.

(3) The institutions that are part of the Third Part of this Code with the installation of entitlements, It is the bank or credit institution to block, disrupt, destroy, or destroy the system, which is defined in Section 244 of the Code, 5237.

Storage obligation

ARTICLE 113- (1) In the scope of inspection or audit activity performed by the board In terms of information or documents requested, the statements are suspended for up to three years from a year and a judicial penalty of up to five thousand days.

Safety measures in the right of the United States

MADDE 114- (1) 106 ncis and 107 nci are a legal entity for the crimes described in Legal entity-specific security measures are being used to address the legal entity that is being used as a benefit.

Printing and custom-to-ask procedures

MADDE 115- (1) Do not ask for any crimes identified or referenced in this Law. It has been announced by the Board of the Republic of the Republic of the Republic. This one is a reporter for the president.

(2) An example, along with the adoption of an indictment, has been filed against the public case. It is expressed by the board and the Board will also gain the fold-out.

(3) Cumhued in the question of crimes described in this Law or attributed to the Republic The prosecutor can take advantage of the Board's staff. The Board of vocational staff may also be able to prepare for the testimony of these crimes and the testimony of the people's testimony in the end of the day.

(4) charged with crimes identified in this Code or referenced in a statement the way it's been decided not to be able to get fired, The board is authorized to decide this decision.

Organizing and Editing a Release of

(5) 4/5/2007 and a number of 5651 Internet media Article 8 of the Law on Combating Crime and Combating Crimes is also applied by the crimes of the Law on 109.

Task and entitlement

MADDE 116- (1) Statement of crimes described in this Law or referred to in this Law The courts of the Supreme Council and the Prosecutor's Office are authorized to do so as the High Council's Supreme Court's tribunal.

 

PART OF THE YED_INSTANCE

Capital Markets Board Eds

Installed and installed

MADDE 117- (1) To perform the duties and powers of this Law and related legislation The Capital Markets Board, which has a public legal entity, administrative and financial autonomy, is established to use the public legal entity. The headquarters of the board is in Israel. The Board is based on the Board Decision Organized and the State of the State.

(2) The Board has its own responsibility for the duties and powers granted to him by this Law and legislation. It uses it and uses it as a step. The decision of the board cannot be subject to the control of the place. No organs, authorities, merci, or people cannot give orders and instructions to influence the Council's decisions.

(3) The board is engaged in the financial resources of this Law and its related legislation. To the extent required by their authority, it is freely used in its budget.

(4) The board is required to do the duties and use of this Law and related legislation. It employs sufficient numbers and qualifications.

(5) The money, paperwork and all kinds of property of the board are in the state property, indestructible and pawnable.

Board Decision Orgi

MADDE 118- (1) Board Decision Organized, one of the president, one to be the second one. It's a member. The board is also under pressure from the company's office.

(2) the country's permit, ill, domestic and dorm is not on duty and duty. The second person in their position of office or failure to be dismissed by the states is acting as the acting attorney, who is not in charge of any other position.

Assembly President and its membersesaslar

MADDE 119- (1) It is mandatory for the board and its members to address the following:

a) dated 14/7/1965 and the 47th (A) of the 657 numbered State Officers Act (1), (4), (5), (5), (6), (6), and (7) to overflow the specified product (s) in the subbens;

b) To see if at least a license level isöðrenim

(2) Members, higher than higher financial markets, economy, finance, labor, capital markets, At least ten years of experience in banking or finance or in the fields of law related to those areas, or at least ten years of other than those who have been counted in the above, are appointed by the Council of Ministers among the people who have made at least ten years of age. At least one of the members is a graduate of law school, at least one of the ten years of experience in the fund has been won by private sector capital markets, at least one of which is a minimum of ten years in the Board. The Council of Ministers appoints one of the members as the President. The decision to appoint is published in the Official Gazette. The Board Decision Organically selects one of the members and one of the members of the Board of the Board as acting acting president.

(3) The Chairman and members of the Board are fully aware of their duties during the continuum of their duties, honesty And they will conduct themselves with objecticons, and they will swear in the presence of the First President of the First President of the Law on which they will not be able to act and move the law. For the oath, it is a matter of haste by the Yargaitay. The chairman and members of the board would not be counted on the mission unless they were sworn in.

Board President and its members ' task periods

MADDE 120- (1) The board of the Board and its members have been given a period of duty. People and members who have finished their periods can be assigned back to a deflation. For any reason, and for any reason, the member is assigned to the space member at the latest in two months, in the guidelines specified in the 119th clause.

(2) The Board and its members are due to end their duties for any reason without due process. can't be done However, they may not see any more than six months due to a disease or disability, have lost the necessary conditions for their appointment or have been identified as being involved in the tasks of the 121st period. The Chairman and members of the Board, who are committed to the convicted verdict for the crimes, are dismissed with the approval of the minister without their expiration date. The members of the members who are in this state will be able to handle the membership, which is more than six months after the temporary iocal relativisation.

Forks

MADDE 121- (1) Board President and its members are not able to capitalive on their noble duties. They can publish, lecture, and lecture, and receive lectures and conference fees with copyright. However, as long as it is not based on any special law, it cannot take any official or special tasks remaining in the execution of its official duties in the Convention, nor can it be managed, in the foundation, the co-op and the like, and cannot be used to trade, trade in free profession. They cannot be found, they cannot have a share in partners and organizations that the Board is authorized to edit and control, and they cannot be peer-reviewed, arbiter, and not.

(2) The Board and its members have started their own or their business since the inauguration. And the capital markets, which are owned by the children under their custody, are excluded from the borrowing of vehicles and pension funds raised by the Undersecretary of the Treasury. The board is responsible for organizing and overseeing all types of capital markets, and to dispose of it by selling within thirty days, to the third degree, to the third degree, to the blood and second degree. It has to. Within thirty days of the date of the inauguration, the non-acting member is withdrawn from the membership.

(3) Board members and members of the Board of Board personnel, due to their duties at the Convention Information and trade secrets cannot be used in the interest of their own, or in the interest of others, even if they are separated from their duties, even if they are separate from their duties.

(4) The Board and its members are in two years following the removal of their duties. It cannot be installed in its installations. Those who do not comply with this fikra provision are given the sentences specified in Article 4 of the Law on 2/10/1981 and the Right to be Unable To Do Away From Public Duties 2531.

(5) Board President and its members dated 19/4/1990, and 3628 were found in the Commodity Declaration, It is subject to the Law of Combating Corruption and Corruption.

(6) Board occupational personnel have reviewed or inspected the last two years after they were dismissed. They cannot be held in public partnerships and in capital markets institutions for two years.

Board Decision Organization task and authorizations

MADDE 122- (1) The Board of Assembly and its members, the Board of Decision Organes, this Law and other It will do the following tasks and use the authorities as follows:

a) The regulations and regulations pertaining to the Board and the Board of the Board of the Board To see and decide on the drafts, files, review and audit reports prepared by the Board of staff

b) View the board's budget, the final account, and the annual report of the activity, and decide

c) On the recommendation of the President, the Board is to appoint a number of assistant judges and agencies to assign

ç) To open, buy real estate, sell, or make real estate, domestic or domestic recommendations on the lease to be rented and decide

d) The board's credit, rights and debts, with the third party, are required. sushe, to decide on the devil and to arbitration

e) Membership of the board's office for international installations will be made to these installations Decision to contribute to the projects related to the Board of Service related projects with the payments and to the board of the Republic of Turkey

(2) Board Decision Organized, the mission of the Board of the first of the 128 articles of the Board of (d), (d), (e), (e) may transfer to the Board of the Board of (e), (e) the statements specified in their name, as well as to the extent of its scope.

Board Decision Organedesaslarý

MADDE 123- (1) The Board Decision Organization is required to do so at least once every two weeks. It ' s a good thing to gather in the state of the world. The board of recommendations and attachments on the agenda of the meeting set out by the Board of the Board members will reach the members three days prior to the meeting date, and those who have contributed to the meeting are not on the agenda of the meeting, and the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of It can be seen in the meeting. The decision given in such a situation is determined by a tutanak. The Board of Assembly's headquarters and representatives can also be held at the centres in the country to be decided by the Board. The agenda of meeting all non-valid members without an agenda is determined by an internal regulation to the Board of Assembly meetings and to the meetings of the Board of the people. The Board Decision Organism can designate the members of the Board of the Board as the permanent member of the member of the Board of the Board at the time of the members ' request.

 (2) Total number of days in a calendar year without valid excuse, such as task, permission, and disease. The board member who did not take part in the meeting was withdrawn from the membership. This status is determined by the Board decision and reported to the relevant Minister.

(3) The Board Decision Organus convenes with at least five members and at least four members with the vote in the same direction. It's decided. Members are not able to vote. The decision was made in the absence of the President's vote, which is the current state of the vote.

(4) Board President and members himself, elder, adoptable and third-degree include blood and second They are not subject to negotiation and voting on issues related to the rate of loss, including the degree of the degree. This is specified in the decision text in detail.

(5) The board of the Board Decision Organed is the privacy of the meeting. To take advantage of the hearing, the Board of Board staff and the Board of Board Decisions Committee may be invited to the Board of Decision Organists of the Board of the Council of the Council of the United States. However, the Board's decisions cannot be taken from the meeting until they have been folded.

(6) Council Decision-organized, unpublished country to hide the provisions stipulate in this Code Publicives the economic and public order decisions that are appropriate to the internet with appropriate vastatas.

Resolution of the Board with the professional and ethical principles of the members of the Board of the Council and the Board of the Board The sound and principles of the organ play are regulated by the regulation that will be played by the Board.

President

MADDE 124- (1) The chief executive of the Board, the general administration of the Board, and is responsible for your representation.

(2) Balance tasks and entitlements are:

a) To determine the agenda, day and time of the Board Decision Organid meetings, meeting managing

b) Present to the Board Decision Organisation by giving the latest advice to proposals from the service units

c) The resolution of the Board Decision Organed decisions is not a result of to ensure that they are brought, and to monitor the implementation

) The financial statements of the year's budget, which is prepared in accordance with the strategy and objectives of the Board, to ensure the preparation of activity reports and performance reports and submit them to the Board of Decision Organes

d) To ensure service units, efficient, and harmoniy work, Solve the task and authorization issues between the board service units and give additional tasks and responsibilities to the service units they are required to

e) The strategy, policies and related legislation in the field where the board is operating, and the performance criteria of the works to be performed

f) To conduct the board of the board of the Board of Organizations

g) To appoint the Board staff who are known to be appointed by the Board Decision Organi

) Statement and statements to the publications and statements of the Board.

h) The implementation of the board budget, the collection of revenues, and the authority of the Board Decision Organisation How to do expenses that are not included indâhilinde

) The scientific research that has been edited on the first of the 125th (s) of the 128 To set up the internal process required to ensure that it is done, and to determine the appropriate guidelines for the construction of the required

i) To perform other tasks related to the administration and administration of the board

j) This Law and related legislation requires industry expertise to address the request an expert staff or a report on a specific matter to be used in conjunction with the public institutions and organizations in the area of the field of contact

(3) A portion of the Board Decision-Organized duties and powers that are not, It can be used to identify and write to the bottom levels, with the record being written and printed.

Board seed-through judges

MADDE 125- (1) The Board is intended to assist the President in its duties as a She is appointed by the board of the five board members. It is mandatory for the board of the board members to take part in the second phase of the 119th clause.

Service units

MADDE 126- (1) The assembly's service units are on the same level of apartment building from two service units. With the approval of the Board Decision Organization and the approval of the relevant Minister, the new circle may be created with the registration of the new agency with the registration of not less than twelve, the current circle can be closed, united, or served And a part of their entitlements may be given to the newly installed circle. The Service units are determined by the regulations of the Board Decision Organization and the Council of Ministers ' decision in accordance with the activities, duties, and entitlements specified in this Law.

(2) Capital markets, with the decision of the Board Decision Organisation, where required in the domestic In other countries, the Council of Ministers ' decision can be opened in the countries where it is currently being held. The duties and principles of the time and duration of the opening of the representatives of the domestic representatives and the training of the personnel who will serve in these representatities, the number of duties, the duration of the mandate and the charges to be paid to them, the payments to the staff will be made What is left of the remaining other expenses is determined by the Council of Ministers, and the guidelines are determined by the Council of Ministers.

(3) The scientific office of the first of the Board Decision Organized 128 articles. The Call Center can be set up to ensure that they are not made available to you.

Board staff

MADDE 127- (1) This Law and related legislation requires the duties of the Enterprise Continuous tasks and services are carried out by board staff members of staff who are on the list of other staff members who are on the list with respect to the staff of the Board of the Board of the Board. The staff of the Board of Staff, the agency, the agency, the agency, the chief of the capital, the expert and expert judge, the chief justice, expert jurist and expert jurist, the chief of science, science expert and expert expert. It's the help of the people. The Board of Professional staff has previously won the meeting, the group's chief, and the principal is also professional staff.

(2) Board personnel are subject to the Code 657, which is organized by this Law.

(3) The list of cadre (1) of the board is shown in the list. The total number of staff in the roster was not to exceed the number of staff, and to be left with staff titles dated 13/12/1983 and 190 General Staff and Ordinance Decree in the rule of Law, including the 190-year-old titles. And the Board Decision Organising Authority is used to determine the use of these cadres with degrades and grades.

(4) Board staff at the office are temporarily located in public institutions and installations. is not allowed.

(5) Capital market expert help and expert juridical help and science expert The provisions of Section 657, additional 41 of the Law, are to be imposed on the peninsula.

(6) Regulations on board staff to be used by the Board of directors and will be edited.

Installation, authority, and responsibilities of the board

MADDE 128- (1) The task and authorizations of the convention are:

a) with the duties provided with this Law, and the implementation of this Law to do the required work and actions that are required to ensure that the projected results are to besaðlanmasýný

b) General and private to ensure timely, sufficient, and correct allocation of the truck quality decisions

c) The administration, rating, and management of the enterprise and partners covered by this Law and information systems control activity to determine the basis of activity and performance, and to make it available to you to list the following actions

to ensure financial stability and the need for national or international legislation to do all kinds of business with other financial regulators and supervisory institutions, and to find information

d) Capital market regulation and control with its authorized counterpart, foreign institutions and capital Business-related installations of capital markets in foreign countries, as part of the policies regarding the principles of protection and protection of business and professional conditions. Central, city, or partners in Turkey to be written to the extent of a commitment to the institutions and to the extent of the necessary administrative measures, the bilateral or multilateral memorandum of understanding for the expense of the activities that will be carried out in this scope. to sign up, and to make all kinds of business related to capital markets

e) New capital market institutions and tools, representing the development of the capital market To regulate and regulate the basis and the essences

f) They will be engaged in public partnerships, the capital market institutions ' manager and the other To determine the professional education, professional competence, and professional drivers ' licenses, to determine the essential guidelines, to establish a center or company for these purposes, and to determine the basis and essential of operating and operating the business.

g) advice on yachtwork and savings care in capital market set policies and guidelines that will be found and installed

) Install the Public Zoning Platform on the basis of the execution and execution of this Law to determine the basis and essences of the notification and statements to be made

h) Capital market institutions, public companies, exchanges, and equity regulators To determine the principles and guidelines for the operation of the information systems and the control of the installation of this Law.

is a domestic or foreign academic or an application that is a group of people who are either: to make national or international qualified scientific research into the capital markets to be based on current or future regulatory preferences

i) The international organizations that are members of the board are financial, economic, and professional. To contribute to the work of international organizations that Turkey is a member of the country, to develop and contribute to projects in common with these organizations

j) International organizations, financial, economic, and professional services related to the Board's mission being a member of a number of people

(2) The board is able to establish its powers by establishing regulatory actions and making special qualified decisions It uses it. The Board may decide whether the decisions are published in the Official Gazette or with appropriate qualifications including the internet environment. Regulations and emails are published in the Official Gazette and are subject to the current regulatory action.

(3) The board is authorized to regulate and control foreign countries in capital markets Information and documents received from the installation may indent the relevant authorities within the framework of the memorandum of understanding to be signed according to the legislation related to these installations, except for the request of the judiciary to be fired from the claim or issue of other crime-related matters. can use.

(4) The meeting of the Board of Ministers is the relevant official of the ministers in the fulfillment of their duties. and can request information and information from private installations and people. They are obliged to respond to that request, and to make it easier for the Board of Staff to act as much as they should. The board makes clear to the relevant authorities that the law requires the pursuit of the authorities.

Effertibility and accountability

MADDE 129- (1) The annual activity report is June followed by the year following which the report belongs. It is posted on the Board ' s website by the end of the month and is sent to the relevant Minister. In relation to its activities, the Board provides information to the Turkish Grand National Assembly Plan and Budget Commission at least once a year.

(2) The Council gives information to the Council of Ministers in the state that the relevant Minister is required to see.

(3) The regulations, made by the board, are constantly in place to include the following. be updated on the Board's webpage by updating.

(4) Installation and essences with the format and contents of reports to be prepared by the convention from the

Control of the board's budget, expense, and operation

MADDE 130- (1) The convention is based on the expense of its revenues. The board budget is prepared and accepted according to the principles and principles set out on 10/12/2003 and the relevant provisions of the 5018 numbered Public Goods Management and Control Law.

(2) The public budget will be made from the public budget if the board fails to address their expenses It is made from treasury yards.

(3) People or people of the public will be sold to the Board budget to save revenue. If you have a capital market tool, you have to pay a fee of three thousandths of the export value, not from the nominal value. On the last day of three month-periods, when the yacht funds and the current fund-building partners, the fee for the 100 thousandths of the net barrel deems, followed by the Board account within ten days of the following ten days. Failure to address the rates specified in this fund may result in different rates from the Board Decision Organization by considering the nature, maturity, or issuance of the capital market. The Council of Ministers is authorized to increase the fees of alınalak to increase the number of legal rates or to reduce the legal rate.

(4) markets and other regulated markets regulated and controlled by the board. The maximum percentage of all income, excluding the interest income of the central exchange institutions, the centralised storage institutions, and the MKK, can be recorded in the Board budget as income from the Board. However, the time and amounts of the payments according to this item are reported to the relevant institutions at least thirty days in advance by the Board, considering the cash situation of the Board in the calendar year following the year that the revenue was obtained. Amounts that are not requested within a calendar year are added to the amount to be paid in the following years and may be requested by the Board with the same amount. Each calendar for which these revenues will be collected is determined by the Board for each calendar year.

(5) The assembly is owned by the previous year by the end of June, as it is in its operations. decisions to analyze the economic and social impacts of those with the secondary regulations and the economic and social impacts of these. The activity report includes the performance objectives of the Board of the month and implementation of the application results and the implementation of the application.

(6) The board's iron and barrel business and similar actions, budget implementation and expenses. The guidelines for the construction of the Board are determined by the regulations governing the 5018 Code of Law, which will be determined by the Board to keep the Law on the basis of the Council.

Charges, financial and social rights

MADDE 131- (1) Board President and its members and Board staff dated 27/6/1989 and 375 In accordance with the additional 11 articles of the decree in the Rule of Law, the payments made under the financial and social rights are paid in the same framework and on the basis of the basis of the payments. The Board staff and members of the Board are considered to be equal to the personnel designated by the Board of Staff of the Board of Pension Rights. Those who are not subject to tax and other legal deductions are not subject to taxes and other deductions, which are not subject to tax and other legal deductions.

Assembly President and its members removed from office

MADDE 132- (1) As long as they are assigned to the Board and their members are assigned to the Board Their previous tasks will be truncated. However, when he was a public servant, he was authorized to assign officers if they had not lost their entry to the office, to end their term of duty or to be dismissed, and in the case of their former institutions in thirty days. is assigned to a cadre in accordance with their acquis within a month. Any payments they receive until the appointment is real continue to be made by the Board of all payments. Any payments they are receiving will continue to be issued by the Board until they are assigned to the Board of the Assembly and its membership in a public institution, and to any other duty or business to those who have ended the task above. Due to the reasons specified in this item, payments from the Board shall not exceed two years for the Board.

 (2) The times that the Board and its members spend on these duties are, of course, the law according to their provisions, they are devoid of their services. This provision applies to the Board of the Board and its members from the university's academic staff, to stay hidden for academic titles to be saved.

Meeting and members of the Board of the Board and the legal and criminal responsibility of the Board staff

MADDE 133- (1) with the duties of the Board and its members and Board staff Questions are made to the Board of Ministers and members of the Board of Ministers and members of the Board of the Board, and for the Board of Staff, the President and the President will be required to submit. Members of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board of the Board personnel are authorized to do the right to the Board of Staff.

(2) The Board and its members and Board personnel are related to their duties. To allow people to be allowed to respond to the alleged crimes they have allegedly caused, they have acted as a result of these actions, acting as a result of these actions being driven by the means. The emaras must be found. This is a matter of interest to the people who are allowed to be asked. Decisions on whether to allow or not to be allowed may be appealed against the Danisktay within ten days of the date of the date of the law. Even if given, no questions can be prosecuted until after the objection period or the outcome of the appeal of the Danes.

(3) Board members and members of the Board, even if they have been relieved of duty, The charges and prosecutions, which are alleged to be related to the alleged crimes, are followed by a lawyer who will be tasked with making a proxy statement in the form of the request of the member or personnel concerned. The attorney's fee is under the budget of the Board, in order to avoid the ten hours of the lawyer's fee, which is set in the minimum wage and minimum wage rate described by the Turkish Bar Association.

(4) Board President and its members and Board personnel, as specified in this Law of the Convention Due to the decision, action, and actions of the tasks, after the removal of the duties of the required tasks, any compensation or compensation for any compensation and receivtive cases that will be opened against the Board of the Board of States is opened. In these cases, it is directed at the establishment of the establishment. The third firecraction of the attorney's fee and the litigation costs are the same as for those legal cases. As a result of the judgment, and due to the decision of the Board, the Board will ask for their interest in the decision of the Board to pay. A court decision that they are flawed is required to ensure that the board is able to claim the payments related to the payments.

Path to the board decisionyargý

MADDE 134- (1) Administrative cases in administrative courts to decide on board decisions On. The board's decisions are due to rush-action.

Save and unhide the results

MADDE 135- (1) Board staff and members and Board staff at the time of their duties They are not allowed to use their own or their own or the benefit of their own, according to the laws of this Law and special law. This provision is also subject to the installation and installation of support services from the board and others. This obligation will continue after the task has been removed.

(2) The provisions of this Law are set up with its counterpart control mercians at the Convention. Information and documents within the framework of the memorandum of understanding are also covered by the first rate. The board is tasked with protecting the protection of the order of reconciliation and the protection of the results that they receive. The information and documentation on the board is available to the public in the process of setting up, installing and operating permits, monitoring the activities, monitoring regulations and monitoring of administrative cases to be made available to the Board. to be used. Under the convention's information and documents, the criminal courts and criminal courts, even if they were removed from office, were allegedly involved in their duties, even if they were not involved in the criminal trial. The Board staff and its members and Board staff cannot be given any personal, institution and organization due to the public and the members of the Board staff who will make a request for the crimes and prosecutions that have been prosecuted for crimes. The Board cannot be held responsible for the issuance of information entered into the court's decision.

yetkisi(3) A shared share authorization for the memorandum of understanding (s) described as described in the if either data is provided or the reconciliation statement is not part of the agreement, or if the other is subject to the same degree of retention, then provisions related to the retention that are mentioned in the plug will be applied.

 

PART OF A SEKISRAELI

Final and Provisional Provitions

Excluded provisions and exceptions

MADDE 136- (1) The provisions of this Law, excluding the 47 nci clause, to the TCMB, the TCMB They are not applied to the markets within the TCMB, as well as the payment and security transfer and reconciliation systems established in the TCMB.

(2) Except for the 13th clause in the capital markets instruments exported by the entity leasing companies established in the framework of the Law on the Regulation of Public Finance and Debt Management of the TCMB, the Treasury and the 28/3/2002 and the Regulation of Public Finance and Debt Management, this is the The provisions of the second section of the law, the first and second section, and the first of Article 69 and the first chapter of Article 69 are not applied. The TCMB, the Undersecretary of the Treasury and the assets of the capital markets exported by the existing leasing companies established within the framework of the Law of 4749, are the principles of the implementation of the 13th and 80 items, and the monitoring of these vehicles in the scope of the TCMB, It is determined by the Board of the Board to keep the arrangements for saving and to see the action.

(3) dated 14/1/1970 and 1211 is the Central Bank of the Republic of Turkey. The provisions of the law and authority to the TCMB of the laws are withheld.

 (4) These institutions with special status to be applied in the membership of the TCMB to the institutions covered by this Law The guidelines to apply to the flu are determined by the decision of the TCMB to be determined by the Board of the Board of the Board.

(5) Banks that sell their own capital market instruments to the public or without supply to the public The banks involved in the yacht services and activities of this Law are subject to the provisions of this Law, as a result of their activities. The provisions of these Laws do not apply to banks from the mutual respect. At 5411, the banks and insurance companies were installed, surveillance, accounting, and audit standards and their share of the banks sold through the public through a supply of supply, and the equity of the re-deeming fund. The use of the guidelines is subject to special legislation.

varlýk(6) Undersecretariat of Treasury and 44749 are existing leasing companies established within the framework of the Law. Article 61 of the law is exempt from the provisions of the first receipt and the 130th clause of the 71st clause.

(7) Product signage and alivre commitments dated 18/5/2004 and 5174 were Turkey The Chambers and Commodity Exchanges of the Chambers and Commodity Exchanges in the Union and the Union of Borsaks are the provisions of Article 53.

Conflict provisions

MADDE 137- (1) 47 nci, non-monitoring of Council of Ministers decision on MKK can also be applied to collateral commitments that are subject to all or some of the capital market tools.

(2) The exchanges and exchanges operating and operating under this Law. locations, central exchange installations, decentralisation, and MKK-run services cannot be hit and shutled.

(3) Ring-open partnerships are sold on the stock market as a result of the process cannot be importantined from saving shares in the share book. For the share of these partners in the stock market, the 493rd and 494th items of the Code 6102 are applied.

Stock Exchange Istanbul AnonymousÞirketi

MADADE 138- (1) The stockholder, subject to the provisions of this Law, and the stockbroker of 67 An anonymous company has been established with the title of Borsa Istanbul Anonim Corporation for its activities. Such company is registered to the trade record that requires no use in the current date of this Law. The Borsa Istanbul Anonymous Corporation permits the installation and operation of the stock exchanges and market companies located in the 65th section of this Code, with the registration of the principal pledge to be prepared under the second phase of this Article. It's been taken care of.  

(2) The subject and purpose of the Borsa Istanbul Anonim Corporation are the capital, the share, the share of the The terms of the handover of the shares, liquidations, transfer, transfer, annulment, annuities, organs, committees, sensations, duties, and services to be subject to the shares of the 478 of the Code 478 of the Code 478 are the transfer of the shares.  working with responsibilities, and principles, accounts and profits The main commitment to the company is that it was prepared by the Board, with general provisions at the latest from the date of the Council's approval and the effective date that this Law has been entered. It will be registered and declared to be the least. This time can be extended to up to three months with the decision of the relevant Minister. Until the actual commitment is registered and declared, the provisions of the Securities Exchange and the current regulations of the Securities Department continue to be applied to the non-separate provisions of this Law.

(3) This article is based on the installation and registration of Borsa Istanbul Anonim Corporation. The preparation, registration, and declaration of the promise of commitment from the levy, or to regulate the profits, are undersecretary. You don't get paid for registration on the trade record.

(4) Istanbul Securities, which is established in accordance with the Code of Law, is set to be held in accordance with the name of the Code. Istanbul-based corporate entities, established under 40 /A clause of the stock market and with this Law on the property of 2499, will end with the basis of the main commitment of the Borsa Istanbul Anonim Corporation.

(5) Registered with the registration of the principal commitment of the Exchange Bank of Istanbul, Istanbul Securities All kinds of assets, liabilities and liabilities, rights and liabilities, including those in the electronic environment, including those in the electronic environment, as well as any other documents, including those in the electronic environment, are included in this item. There are exceptions to the stock market, with exceptions. The Istanbul Anonymous Company has been overtaken by the State Department. As such, the property is transferred to the Institution of Istanbul Stock Exchange (2) of the number of assets specified in the list (2), and the number of assets specified in the list. The company is registered under the name of the Treasury and is allocated to the Ministry of National Sovereignty and is allocated to the Ministry of National Sovereignty, without the cost of the property listed in the list of attached (3) of the Stock Exchange. Calls for the appropriate view of the Ministry of Finance for the purpose of using the attached (3) list of the following. The number of attached (4) of the Property Istanbul Stock Exchange (4) is registered under the name of the Treasury, without the cost of the listed listed. They are not listed in the attached (4) list, along with the structures on the list, including the first ten years of the first ten years of cost of the Borsa Istanbul Anonymous Company. The use of the Borsa Istanbul Anonymous Company will use, at the cost of use, construction, construction and renovations, as well as to make protocol with the Borsa Istanbul Anonim Bank. authority. After the first sentence of this storm, the difference between the Treasury and the assets that were transferred to the Enterprise and the liability between the assets and the obligations would be the capital of the Borsa Istanbul Anonim Corporation. The work to be covered in this storm is the undersecretary of the tax and the indent tax, the levy and the stamp tax.

dokuzu(6) The percentage of shares in the Borsa Istanbul Anonim Corporation is nine per cent of the share The Treasury, and fifty percent of us are enrolled in the name of the Stock Exchange Corporation, to be executed primarily for the purposes specified in the United States, and for the purposes of the Treasury, for example, the Treasury Department is registering for the purposes of the Treasury.

A) The registration and declaration of the promise of the Esas are four per cent of the capital's capital, Istanbul Securities The current members of the stock exchange are transferred to the current members of the Istanbul Stock Exchange, the current members of the Stock Exchange, without a fee, without a fee; if one per cent is available, the capital is transferred to the Capital Markets Union without a fee.

b) a month from the date of registration of the original promise of the Borsa Istanbul Subsidiary Within the demands of the current partners of the Vadized Business and Opt Stock Exchange Anonymous Company, they will be found to have a share of the share of what they have in the case of the Mediocre Business and Option Stock Exchange, and multiply it by 0.05%. It is given the share of Borsa Istanbul Anonim Corporation. In this dividend, 7 nci of the Code dated 7/12/1994 and number 4054 does not apply.

c) Strategic partners are required to have a share of the Borsa Istanbul Anonim Corporation. It may be transferred to the relevant parties and/or technology, technical information, and market or system users with the approval of the Board, as well as technical information and/or technology, technical information and competency transfer.

) In three years from the date of release of this Law, Borsa Istanbul has been held in the hands of the Company In the interest of a share, these shares are subject to the cost of the Treasury.  

(7) The public shares of the Borsa Istanbul Anonim Corporation have the public supply within the framework of this Law or The sale of the same methods is made in the framework of the principles and principles that will be determined by the Council of Ministers upon the proposal of the Minister of the Treasury.

(8) The board of directors and its members in accordance with the basis of the Borsa Istanbul Anonim Corporation The board of directors of the Istanbul Stock Exchange, the board of directors of the Istanbul Stock Exchange, and the board of directors of the Board of Directors of Istanbul Securities and Exchange Board of Directors of the Istanbul Stock Exchange. They do. The board of the Stock Exchange Istanbul Incorporated is the highest executive officer, with the assurance, management, and the sole authority and authority of the company. To position the board of directors or members of the board of directors of the board of directors until the board of directors and memberships are selected for any reason, until the board of the Stock Exchange Corporation has been selected. It will be done. The duties of the Istanbul Stock Exchange President and the members of the board of directors end with the date of the date of the registration of the principal statement of the Borsa Istanbul Anonim Corporation.

(9) a) Istanbul Stock Exchange and Istanbul-Gold Borsasana are present The non-compliance provisions of this Code are continued until the applicable regulations apply to this Law are effective.

b) Attifs in the Legislated Exchange of Securities and Exchanges of Istanbul According to his interest, Borsa Istanbul has been made available to an anonymous company.

(10) Istanbul Stock Exchange and the End of the Corporate Legal Entity of Istanbul The stock exchange activities are carried out by the company's entire business, business and operations are executed by the Bank of Borsa Istanbul Anonim. These exchanges will be opened and open against them, and in cases and executive pursuits, the Stock Exchange Istanbul Anonim Corporation wins the side of the entity itself.

(11) The public share in the Borsa Istanbul Anonim Bank is below the percent of the fifty percent The control of all types of accounts and statements by itself and their business will only be done when a check is set up to be selected by the Undersecretary of the Treasury through the administrative installations of the Board of the Board.  The report, which is prepared in the case of the control, is submitted to the Install and the Undersecretary of the Treasury as a time of day. The first and third feats of this Law are applied in the first and third funds of the Borsa Istanbul Anonim Corporation.

(12) Borsa Istanbul Anonymous Company partners and business partners, public economics. It is subject to regulations, practices, and regulations applied to public institutions, installs, and partnerships that are either publicly owned or established with private law, including the teamworks. The Undersecretary of Treasury and the 44749 Board of Assets, established in accordance with the Law, are subject to the securities that are subject to the securities they export, the registration fee payable to the Borsa Istanbul Anonim Corporation, which is subject to exports, and the charge of the cotation. It is exempt.

(13) 233 Decree Decree, dated 22/1/1990, and a number of 399 Public Circulation The Decree of the Personnel Regime of the Teething Regime and the 233 Code of Law on the Rule of Law on the Rule of Law No. 657, dated 4/7/2001 and of 631-counted Officers and Digits Public Duties. With the Regulations on Financial and Social Rights, Bazali Kannun and Law Decree of Law on Decrees in Decree Decree, decree of 190 numbered Law on Law, dated 10/2/1954 and numbered 6245, dated 3/12/2010 and numbered 6085, dated 2/4/1987 and numbered 3346. The Law of Public Dignity of Public Dignity, dated 4/1/2002 and the Law on Public Dignity of 4735, dated and dated on 4/1/2002, and the Law of Public Dignity of 4734, dated 8/9/1983, and the Fund's Office of Public Dignity, Public Dignity. 2886 numbered State Dignity Law, 5018 numbered Law, 5/1/1961 dated and 237 The Count Law, dated 9/11/1983, and the Law on Public Concurrency 2946, dated 2/1/1961 and the Law of the Law of 195, dated 24/11/1994 and 4046, dated 18/5/1994, dated 18/5/1994 and numbered 527. In accordance with the Code of Law, the decree of 7/12/1994 and the protection of the 4054 and the additional and more of them, the provisions of the Borsa Istanbul Anonim Corporation and the Exchange of Borsa Istanbul Anonymisation of the Bank of Turkey. Partners and business associates who are subject to ownership due to the ownership of does not apply to you. The first sentence of this storm is the decree of the Code to Rule 91, which is the name of the Code, and the laws of 2499, which were established under 40 /A of the Law, and the rights of which they are partners and their business partners. to be effective from the date of the statement, the provision shall be the basis of the laws of nature or the intent of the ordinance, for the period prior to the date of the effective date of this Law, to the laws and ordinance of the subject. It cannot be done, but the people who are being left out of the world will be left out of the process.

(14) Minister to correct any doubts that may arise in the implementation of this Article authority.

Delegated and current invalids

MADDE 139- dated 28/7/1981 and the Capital Markets Act of 2499 is in effect It will be removed. The attributions made to the provisions of the Code 2499 are made to the relevant provisions of this Code.

MADDE 140- 3/10/1983 and 91 count of the Securities Exchange Act The verdict is in effect in its provision.

TeþkilatMADDE 141- The Review and Tasks of the Treasury Department dated 9/12/1994 and a number of 4059 The right is added to the receipt of the annex IV of the Law.

" A negative development to the extent to which the financial system is fully integrated. The Council of Ministers is authorized to determine the measures to be taken, and is authorized and responsible to implement all of the relevant institutions and organizations in the process of determining the measures to be taken, in determining the measures to be taken. "

MADDE 142- dated 23/5/2000 and to the Bazze of 4568 PhoneFits The fourth fir of the ncu clause is in effect.

ARTICLE 143- 5174 of the 5174-counted Code in the first case of the 5174. It has been removed, the ninth storm is left in effect, and the following is added to the same material.

" With economic requirements, confidence, free competition and stability, in its coage. finding the supply and demand of one or more products; products that are refined according to the current product standards, both physical or product of the products, which are organized in physical or electronic locations; and both physical or electronic the product that is being used for licensing of licensed licenses The business, which can conduct trade of promises and trade commitments, has reliable record and retention opportunities for the business; information on producing, similar to other, and information that can monitor and announce alternative markets, technical and The electronic hardware, the corporate and financial infrastructure; the product residency status is established with the decision of the Council of Ministers upon the proposal of the Ministry of products and the Capital Markets Board of the product dispute status, which can be national or international operating space. They may make a deal with one or more market users who are subject to the provisions of the Capital Markets Act for managing and/or managing the markets in their own or within their system. This is a deal. The provision of the Ministry and the Capital Markets Board does not make judgments. Upon approval, market traders use the rights of the product residency in the framework of the exchange with the stock market, and ensure that their obligations are met in the Capital Market Law and related legislation. "

" Confidence in product residency exchanges, which cannot be explained by a reasonable economic or financial requirement, If the actions of the nature and stability are not a crime, the market-wracking action is the case. Administrative fines are applied under the Capital Markets Act of those who are realistising the market-wracking actions.

Product signings and alivre commitments are available for purchase on product residency exchanges By authorizing, authorizing, and authorizing the license, the surveillance and control of the vehicles, and the tools of the vehicle's services and services on the basis of product signings and improvements, the Ministry and the Ministry of The Capital Markets Board co-created regulations with regulations will be edited.

Product signings and alivre monitoring and monitoring on actualized itions audit activities are regulated by the Ministry and the capital of the Capital Markets Board with a non-relevant regulation. The measures and actions to take place in the event of these activities are subject to the Capital Market Law and related legislation. "

MADDE 144- dated 10/2/2005 and 5300 Count Products Licensed Depository Law The second fir of the 15th item is in effect.

MADDE 145- 5411 Law;

a) is the first time that the 33rd item is located in the same way as the first storm.

" We have been authorized by the Public Surveillance, Accounting and Control Standards Agency Administrative installations are determined by the Board of additional units to be requested under Article 15, and are determined by the Board, and the list will be made public to the administrative installations of these. The board provides a temporary or continuous review of standard and regulatory requirements for quality control and audit operations that are involved in the administrative operations of this Law on the list of the administrative controls included in the list. He is authorized to remove it from the list. The board reports the results of the quality control and audit works to the Institution of Public Surveillance, Accounting and Audit Standards. The administrative installations are responsible for the damage done to the third party by the activities of this Kanun, "

b) is the first time that the 37 nci item is located in the same way.

" Banks, Public Surveillance, Accounting and Audit Standards Institution and the setups of the setups to apply the single order in accounting systems in accordance with the principles and principles to be determined by the Board of Directors; Public Surveillance, Accounting and Auditing Standards Institution, and in accordance with the standards of accounting and financial reporting In accordance with their true intentions, are required to organize, timely and correct with the format and content that may be used to provide accounting and acquisition of financial reports, to be trusted, reliable and able to interpret, control, analyze and interpret. "

c) The 72 nci clause is currently in effect.

KamuMADDE 146- dated 26/9/2011 and 660 counts of Public Surveillance, Accounting and Control The Article 23, which is the 23rd Amendment of the Law on the Judgement and Tasks of the Standards Institution, is added to the following.

" (4) The provisions of the Capital Markets Act and the Law on Banking in the implementation of this Article It is saved. "

MADDE 147- 660 in Law Rule 26 of the decree of 26. is added.

" (3) applicable regulations based on the provisions of the Decree Decree in this Law Rule In terms of the standard and forms and the general and special decisions of the Board, the administrative and administrative organizations are given administrative fines of up to 50,000 Turkish Liras from ten thousand Turkish liras. The administrative fines issued to this item are saved in the budget. "

MADDE 148- 660 is the third party of the 27th Amendment of the decree in the provision of the Code. It has been reported in the following way.

" (3) The institutions that are set up to organize and control specific areas, with the law, and The boards can make arrangements under the same standards that apply to their own areas in accordance with the Turkish Accounting Standards, with standards applicable to them. "

MADDE 149- 660 is the fourth of the provisional 1st clause of the Decree Decree in Law Rule The sentence above is added to the fan.

" Capital Markets Board and the Banking Regulation and Supervision Agency, subject to their own legislation The authority to enforce administrative fines on authorized administrative installations is authorized. "

Editor lends

INVALIDATE ARTICLE 1- (1) Regulations on the implementation of this Law are issued by this Law. from the date of the date. The provisions of this Law continue to be applied until the applicable regulations apply to this Code are effective.

(2) This is not a decision by the Board of Decision Organes on the release date of this Law the current reports are concluded according to the provisions of this Law.

Relevant Provisions for vehicle installations and futures business companies

INVALIDATE MADDE 2- (1) The delivery services and activities are offered by ancying services The principles and principles are determined by the Board within six months from the date of publication of this Law. This process and principles are adapted by relevant institutions within an appropriate period of time, in order to edit and export new authorization documents to vehicle installations and futures business. Otherwise, the relevant institution may not be able to provide a subsidiary service with service and activity.

(2) Installations of the appliance until required regulations are effective in the framework of the first frame And the companies operate within the framework of their current powers.

(3) The agent who was previously authorized to operate on the release date of this Law The installations and futures companies continue to operate with this Law in accordance with the Code 2499, and continue until the end of the term specified in the first phase.

Special Fund

SUPERSEDE 3- (1) Before 18/12/1999, the Board of all authority documents were cancelled The Private Fund is set up to be paid for the money in the framework of the essentials of the capital markets activities of the agencies ' yachts. The administration and representation of the Private Fund is executed by YTM.

(2) The specific Fund will be credited to the agency, considering the Fund's capabilities, to pay for payment, before or after 18/12/1999, the bankruptcy case will be filed before or after the bankruptcy filing without a loan from receiving/bankruptcy.

is mandatory. A number of creditors who are not in contact to write down the rights of this Law prior to the effective date of this Code will be paid in private funds to write to the bankruptcy desk in two years from the date of this Law. is not done.

iptal(3) Cancel the authorization document in the calculation by bankruptcy administration at the liquidation of the Israeli The amount of cash and security in its history is translated into American Dollars through the current TCMB exchange rate at the date of cancellation of the agency's authority documents. Payments made during the bankruptcy liquidation after the bankruptcy of these vehicles were made, the current TCMB exchange rate, which is valid at the time of payment, is left to American Dollars through the dollar, and the dollar will be destroyed in some dollar. The balance in this surcharge is translated into the Turkish Liras through the current TCMB exchange rate at the time the loan is not paid, and is paid to the rights holders on the basis of the fourth fir.

Payment amount to a credit holder by

(4) 31/12/2012, 18,729 Turkish Lirasni She can't. This amount will increase in the rate of redeeming multiplicity declared every year after 1/1/2013. However, in warning of the third party, the amount of intermediate payments that have been destroyed in some American Dollars will be translated into the Turkish Liras through the TCMB exchange rate, as of the cancellation date of the authorization document, and the maximum payment amount specified in this receipt. The maximum amount to be made to the rights holders is determined by downloading.

(5) The management and management of the private Fund's assets are based on the YTM side. It is determined by a regulation to be prepared and approved by the Board. The Private Fund may not be used for any purpose to be made available when this item is required. If the Private Fund is not able to afford the payments to be made, additional resources to be determined by the Council of Ministers decision will be met by the Treasury. Private Fund assets under the Istanbul Stock Exchange have been transferred within three months of the date of the acquisition, receivables, and rights to the YTM from the Fund Protection Fund.

(6) For credits, for those of us who have failed to borrow money from the United States. Payments to be made by the calculation method in the third and fourth fives are made by the Private Fund to the insolvables administrations. The Private Fund will review and comply with the documents, based on documents that are being made available in accordance with the provisions of this article, the documents in the bankruptcy file, the bankruptcy administration and bankruptcy office, which are required to comply with the provisions of this clause. is the right to reject requests for payment to the provisions of the relevant legislation.

ödeme(7) The payment to the rights holders is actualized by the insolvants administration. The partners, board of directors and supervisory board members, personnel and supervisory personnel who appear to be from the agency are not paid by their personnel and third-degree sources of blood and loss, and capital markets. Payee ' s rights are withheld from the general provisions for their payoffs, which are due to this clause.

(8) Apply requirements and regulations regarding the implementation of this Article The board is authorized.

Protective provisions for the Protection of EntitementsFonuna

INVALIDATE ARTICLE 4- (1) They will be issued within six months from the date of release of this Law With the rights and credits of the Fund for Protection, the liabilities are passed to YTM.

(2) This is the case against institutions that have started its measure before the release date of this Law. And the tasks of these institutions are completed by the MKK. YTM makes the necessary payments to the MKK as a result of these ions and business.

(3) The measure continues to be held in accordance with the Article 46 /B of the Code 2499 of the property. The 84th article is not applied to the agency. Due to the capital market activities of these institutions, cash payment and stock delivery obligations include those who are not involved in the terms of the stock exchange.

Turkey's Capital Markets and Turkey Devierating Specialists have passed their provisions

INVALIDATE MADDE 5- (1) This Law is held in article 40 /B of the property 2499. The title of the Turkish Capital Markets Board of Directors is the Turkish Capital Markets Union, which is held in the 74th article of this Law. The title of this title is applied from the date of the Council of Ministers ' decision to the Council of Ministers, in which the third edition of this Law is based on the third issue of Article 75.

(2) Turkey, current members of the Union of Capital Markets of Turkey, The number of members of the Capital Markets Union are obliged to press the Turkish Capital Markets Union within one month from the current date of the status of the status of the Status of Stats. In the two months following this period, the Union will convene its members to the general assembly to make a selection of the organs in accordance with the new status.

(3) How to become a member of the Turkish Devitation Specialists, the 75th Within three months of the current date, which is held in the first part of the article, which is the third of the material, the Turkish Deeding Specialists will be involved in the next of three months. In the three months following this period, the Turkish Devitation Experts Union will hold its members to the general assembly to make a selection of the organs in accordance with the new status.  

(4) The Board is authorized to correct any doubts that may arise in the implementation of this Article.

Collections of collectiviate preinstallations

SUPERSEDE MADDE 6- (1) 48 to 56 ncis in accordance with the regulations of the The principles are set by the Board within six months from the date of this Law.

(2) Required regulations within the framework of the first framework are used to the property with this Law Regulations made based on the number 2499 are still being applied, and the applications will be finalized within the framework of these regulations.

(3) The yacht funds and yacht partners that were installed prior to the date of release of this Code, The secondary legislation specified in the first phase has to be started within a year from the effective date of entry, to make internal statutes or essential commitments, and to comply with relevant regulations. Otherwise, the Board decides on the transfer or liquidate of the yacht funds. If the yacht is partners, the yacht is counted out of the partner status, in which case the 26th of matter is applied if you click the fifth.

(4) Portfolio management companies that were installed prior to the date of release of this Law, in the first phase from the effective date of the entry of the specified secondary legislation, they are made with their principal commitments within a year and will comply with the relevant regulations. Otherwise, they will have to press the board to address the statement of the portfolio management company, which is involved in the main activity and trade titles.

(5) The board is authorized to extend the durations specified in this item up to two times.

Board staff and members of the Board and Board staff

INVALIDATE 7- (1) The Board of the Board of this Law and its publication members of their members expire on the release date of this Law. They are designated by the Board and are designated by the President and are designated by the Chairman of the Board of the Board of Staff, which has been identified by the number of lists attached (5) to the end of the remaining term of duty, according to the legislation. Execute the security of the mission. The Board of Staff, which has been honed by this fikra, needs to address the personnel, for any reason, and assume that the appointed members of the appointed staff and the members of the appointed office are due to end their remaining term of duty. If you don't have to remove it, it will be cancelled. According to this report, the Board continues to be part of the second series of payments under financial and social rights as a member and as a member, until the end of the term of duty as a member of the Council of Başanılkluk Staff.

.

On

 (2) 15/1/2012 staff of the Board of Staff, prior to the date of the event The provisions of the Code Rule 375 of the provisions of the legislation in effect shall continue to be implemented by consideration of the tentative 10th provisions of the decree. If the total payment calculated according to the provisions of the Ongoing Provisions, the sum of which is not the total calculated according to the provisions of this Law, the interest payments are made according to the provisions of this Law. Current social security institutions in the Social Security Institution will continue on the current date of this Article.

(3) Staff titles unannounced in the Board due to the arrangement with this Law They were assigned to the title staff. Cadre titles, or removed, are assigned to a new cadre within a year from the date of the current date, and may be assigned to the Board of Councils until the appointment is done. They will continue to receive payment of monthly fees, bonuses and similar adoptions to the former staff titles by considering the second fikra provisions until they are assigned to a new staff.

(4) As of the date of this Article, this Law is related to the Law 2499 and related to the property The financial and social rights of the personnel being employed in accordance with the Board of Legislations according to the provisions of the legislation and the implementation of the provisions of the legislation in effect prior to the date of the publication of this Law on the right of the employment of the personnel on the server.

(5) Installation of the board center for Istanbul until the completion of the process It's central Ankaran.

 (6) The fourth and sixth fikra provisions of the 121st clause are prior to the date of release of this Article It does not apply to the Board and its members and Board vocational staff, which has been left out of the board.

transients for other transients

INVALIDATE ARTICLE 8- (1) On the release of this Law, Istanbul Stock Exchange Trade Exchange And the Bank of Retention, Inc. continues to execute its business and actions related to the capital market activities in which it is conducting, without any permission and authorization to the centralised exchange set.

(2) Capital market instruments that are registered and delivered before the release date of this Law The fourth-party provision of the 13th clause is applied to the capital market instruments, which have not yet been delivered to the loss of the decision to register with.

(3) On the release date of this Law, we are publicly available to the public and share their shares in the stock exchange. Two-year period for non-relativiant partners is two years old, starting from the date of publication of this Law.

(4) In the date of release of this Law, the common number is between 250 and 500% of the property. According to 2499, the third sentence of the fourth party of the 33rd matter is applied to the partners, who are publicly respected, but not to the public, according to this Code.

(5) The release specified in the below clause of the substance of the article 26 is from the release date of this Law They are starting to apply.

(6) The five-year period specified in the second phase of the 28th item is from the release date of this Law. They are starting.

(7) The 32 nci provision will be publicly available after the release date of this Law. applied to the right of responsibility from the resetting documents.

(8) The redeeming factor organized in the fifth article of this Law ' s 84th The application of the ratio is from 1/1/2014.

registration of the securities alum.

SUPERSEDE MADDE 9- (1) Business at the Borsa Istanbul Anonim Corporation The sale of the Stock Exchange Istanbul Anonim Corporation of the Stock Exchange (Borsa Istanbul Anonim Bank), which has seen the stock exchange, has been made in accordance with the securities of the Borsa Istanbul Anonim Corporation, which has seen the stock exchange. Istanbul Stock Exchange (Istanbul), where the Board has approved It is mandatory to register with the Anonymous Company.

Effective

MADDE 150- (1) enters the current date of this Law.

Execution

MADDE 151- (1) The Council of Ministers executes the provisions of this Law.

 

 

 (s. Number: 337)

 

 


(1) NUMBER 1

CAPITAL OUTLAW INSTALLED

STAFF LR

CLASS

UNVAN

DEGREE

EACH

GIH

Board of Assembly Yard

1

5

GYN

Board Badger

1

15

GH

DaireCircle Head

1

12

GH

Board of Assembly Representative

1

5

GH

Board Ul Delegate

1

3

GIH

Circle YardYardýmcýsý

1

16

GIH

Bafspecialist

1

70

GYN

Basescu

2

50

GYN

My scienceBaþuzmaný

1

2

GH

ScientistBaþuzmaný

2

2

GH

Expert

3

45

GH

Specialist

4

35

GH

Specialist

5

90

GH

Science Specialist

3

3

GH

Science Specialist

4

5

GH

Science Specialist

5

10

GH

Expert Help

8

90

GH

Science Expert Yard

8

10

GIH

Business Custom Pen Manager

1

1

GIH

Manager

1

15

GYN

Manager

2

2

GYN

Manager

3

4

GH

Manager Help

2

21

GIH

Manager Yardsmith

3

2

GIH

Application Programme

3

4

GYN

Application Programme

6

3

GYN

Civil Defence Specialist

3

1

GH

Press Interview

3

1

GH

Computer Operator

3

1

GH

Computer Operator

7

3

GIH

Public Service Expert

3

7

GIH

Public Business Expert

5

4

GYN

Public Relations Specialist

6

6

GYN

Protection and Security Supervisor

3

1

GH

Protection and Security Group Feb

3

2

GIH

Protection and Security Officer

3

2

GH

Protection and Security Officer

5

1

GIH

Protection and Security Officer

6

1

GIH

Protection and Security Officer

8

2

GYN

Protection and Security Officer

9

3

GYN

Ayniyat Count

3

1

GH

Feb

3

24

GH

thesis

4

4

GH

Feb

5

5

GH

thesis of honorYardýmcýsý

3

19

GH

ÞefPMÞef

4

1

GIH

Company efYardýmcýsý

5

4

GH

EefYardýmcýsý

6

3

GIH

Help

7

1

GYN

dateefYardýmcýsý

8

9

GH

Company NameYardýmcýsý

9

1

GIH

Data Order and ControlÝþletmeni

3

17

GIH

Data Order and ControlÝþletmeni

5

10

GYN

Data June and ControlÝþletmeni

9

5

GYN

mybroker

5

2

GH

Officer

3

6

GH

Officer

5

17

GH

Officer

6

10

GH

Officer

7

5

GH

Officer

8

4

GIH

Officer

9

4

GH

ShopÞoför

3

3

GIH

ShopÞoför

5

2

GIH

XX_ENCODE_CASE_One office

6

4

GYN

>Þoför>Þoför

8

1

GYN

>Þoför>Þoför

9

5

AH

BaşuşuşerHukukçu

1

10

AH

Business Lawyer

2

13

AH

Expert Legal

3

20

AH

Expert Legal

4

15

AH

Expert Legal

5

20

AH

Expert legal judge

8

25

AH

Lawyer

3

1

TH

System Analyzer

1

5

TH

System Analyzer

2

6

TH

System Analyzer

3

6

TH

System Analyzer

4

5

TH

System Analyzer

5

6

TH

System Analyzer

6

9

TH

System Analyzer

7

1

TH

System Analyzer

8

3

TH

System Programme

1

1

TH

System Programme

3

1

TH

System Programs>

5

1

TH

System Programme

6

3

TH

System Programme

7

2

TH

Israeli>Ýstatistikçi

2

1

TH

Statistician

3

1

TH

ForÝstatistikçiÝstatistikçi

6

2

TH

Engineer

3

3

TH

Engineer

5

2

TH

Engineer

6

4

TH

technician

3

2

TH

Techniper

5

3

TH

Technician

3

2

TH

Technician

5

1

TH

Technician

7

1

TH

Technician

8

2

TH

Technician

9

9

TH

Librator

3

1

TH

Librarian

5

1

TH

Arivci

3

1

TH

Arivci

5

1

SH

Nature

2

1

SH

Nature

5

1

SH

Samut Officer

3

1

YH

Akp

8

1

YH

Service

7

2

YH

Service

8

1

YH

Service

9

1

 

TOTAL

 

920

 

(2) NUMBER

UNTATABLE MESSAGE TO BE DEFORMED WITH THE ORGANIZATION

BLT

ISRAEL

NEIGHBORHOOD

PAFTA

ADA

PARSEL

Ankara

Bag/2

Karakumiri

-

13911

4

 

(3) NUMBERS

UNDUE TIME TO PREPARE FORHAZÝNEYE

BLT

ISRAEL

NEIGHBORHOOD

PAFTA

ADA

PARSEL

Istanbul

Sarayer

Israel

F22D11C3B

1352

7

Istanbul

Sarayer

Israel

51

360

3

Istanbul

Sarayer

Israel

51

360

64

Istanbul

Wrap

Israel

50

380

38

Istanbul

Wrap

Israel

50

380

17

Istanbul

Saraiyer

Israel

50

380

18

 

(4) NUMBER OF COUNTS

RESUSCIABLE TO USE OF STOCK MARKET ANONYMITY BY DETORED

BLT

ISRAEL

NEIGHBORHOOD

PAFTA

ADA

PARSEL

Istanbul

Sarayer

Mirday

48

154

119

Istanbul

Sarayer

Mirday

48

154

120

 

(5) NUMBER

CLASS

UNVAN

DEGREE

EACH

GH

Board Balance Interview

1

7

 

TOTAL

7

 

 

 

Is Like An Aslü.

 

 

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The Law of the Law and CarriagesBaþkaný