TSPB ANNUAL REPORT 2017

provided general information about the competition law, competition law in the world, and the recent developments in Turkey’s competition law. Real Estate Certificates Panel Led by the Association, a panel was organized on Real Estate Certificates that dealt with the financial product that represents the intersection point of the capital market and real estate. Sponsored by Makro İnşaat Ticaret A.Ş., the panel took place on 28 March 2017 and addressed real estate certificates, a new financial product on the capital markets. The panel started with the opening speech delivered by TCMA Chairperson İlhami Koç, and also included speeches by Vahdettin Ertaş, Ph.D., CMB Chairman at the time and Himmet Karadağ, Borsa İstanbul Chairman. Having brought together private and public sector employees, academics and media members, the event continued with the panel session. Moderated by Eser Şagar, Deputy Head of CMB’s Corporate Finance Department, the panel featured Ercan Uyan, Chairman of the Board of Makro İnşaat Ticaret A.Ş., Kemal Şahin, General Manager of Vakıf Yatırım Menkul Değerler A.Ş., and Mehmet Urcu, Chief Financial Advisor to Antalya Metropolitan Municipality. Held with the participation of nearly 700 people prior to Turkey’s first real estate certificate issuance, the panel’s discussion topics covered the advantages and disadvantages of real estate certificates, the new financial instruments on the capital markets. Meeting on the Use of Islamic Financial Products in Project Finance Islamic Development Bank (IDB) delegation led by the Country Manager for Turkey and the Head of Public Private Partnership (PPP) Department organized a meeting in cooperation with the Association and Borsa İstanbul on the Use of Islamic Financial Products in Project Finance for the purpose of presenting the IDB work on Islamic Infrastructure Project Bonds and to seek institutional investors’ comments and feedback thereon. 62 of our members attended the meeting that took place at TCMA on 12 April 2017. 2 nd TCMA Capital Markets Award Ceremony After organizing the first TCMA Capital Markets Award Ceremony in 2016 with the motive of contributing to the flourishing and increased recognition of capital markets, the Association held the event’s second edition on 24 April 2017. The awards were distributed in 20 branches that spanned 2016 activities in intermediation, corporate finance, custody, asset management, mutual funds, and capital market press, along with special prizes. The 2 nd TCMA Capital Markets Award Ceremony sponsors included Borsa İstanbul, Odeabank, Ziraat Yatırım Securities, Takasbank, Infina Software, JCR Eurasia Rating, Yatırım Finansman Securities, BloombergHT and BusinessHT. Inaugurated with the speeches delivered by Vahdettin Ertaş, Ph.D., CMB Chairman at the time, Himmet Karadağ, Chairman of the Board of Borsa İstanbul, and İlhami Koç, TCMA Chairperson, the award ceremony was attended by Real Estate Certificates Panel 2 nd TCMA Capital Markets Award Ceremony 33 TCMA 2017 Annual Report