TSPB ANNUAL REPORT 2017

Ratings Country Manager Timuçin Engin as the speaker, the seminar addressed the areas in which issuers and investors make use of credit ratings, their role in the capital markets, different types of rating and credit rating processes. Also incorporating exchange of ideas in Q&A format, the seminar attracted a high level of participation. The New Financing Model in the Capital Markets: Crowdfunding Panel Crowdfunding became the most remarkable alternative financing source of recent years, driven by the extraordinary progress of the Internet technology and social networks. With the new draft law, the CMB introduced secondary regulations for activities related to crowdfunding and related platforms. Aware that these developments will contribute positively to the national economy and public finance, the Association organized a panel titled The New Financing Model in the Capital Markets: Crowdfunding on 7 March 2017. Moderated by CMB Executive Vice Chairman, Bora Oruç, the panel’s speakers included Ali Çebi, Fongogo Founding Partner, Hulusi Berik, CrowdFon Partner and Keiretsu Forum Turkey Founding Partner/Board Member, and Salih Zeki Çimen, Turkcell Strategic Planning and Projects Expert and Arıkovanı Project Leader. Attended by nearly 400 people, the panel dwelled on crowdfunding regulations and models from the world markets. National Risk Assessment Workshop Within the frame of the EU Twinning Project “Efficiency in Anti-Money Laundering and Counter Terrorist Financing”, a workshop on National Risk Assessment was organized for responsible groups between 14 and 16 March 2017. The workshop held in İstanbul drew 130 participants from four different financial groups and professional associations. Within the frame of the three-day workshop where foreign EU experts were speakers, experts from the U.K. presented the experiences gained in relation to National Risk Assessment, and made presentations, which also considered the private sector’s contribution to the process. Furthermore, in order to make sure that our country successfully completes the Financial Action Task Force (FATF) Fourth Round of Mutual Evaluations that will start in June 2018 and that our international obligations are satisfied, “National Risk Assessment Project” began to be executed based on the Prime Ministry’s Circular, which is coordinated by the Financial Crimes Investigation Board (MASAK). Under the project, MASAK organized a workshop on “National Risk Assessment” at the TCMA on 26 May 2017, which was attended by 50 people. Turkish Competition Law Implementation Seminar The Association organized a seminar on Turkish Competition Law Implementation in the Light of the Developments in the World on 24 March 2017. In the seminar, speakers Şahin Ardıyok, Attorney-at-Law, and Assist. Prof. Emin Köksal Meetings and Events The New Financing Model in the Capital Markets: Crowdfunding Panel Crowdfunding Panel 32 TCMA 2017 Annual Report