TCMA 2020 ANNUAL REPORT
PROFESSIONAL COMMITTEES Pursuant to Article 25 of the Statute of the Turkish Capital Markets Association (the Association), the following committees exist under our Association: • Intermediary Institutions Professional Committee, • Banks Professional Committee, • Asset Management Companies Professional Committee, • Investment Trusts Professional Committee. Acting as an advisory unit for the Association’s Board of Directors, professional committees have been set up to work on topics in their respective fields assigned to them by the Board of Directors or determined thereby sua sponte . They collaborate with other committees when necessary, to form and submit joint opinions and suggestions. During the reporting period, professional committees worked on topics that concern their respective groups, and presented their feedbacks and suggestions to the Association’s Board of Directors. Borsa İstanbul Advisory Committee In 2019, it was decided to establish an Advisory Committee under Borsa İstanbul to keep Borsa İstanbul Board of Directors informed about the development of capital markets and the sector’s issues, demands and needs, and to adopt advisory decisions. Under the Advisory Committee’s Operating Procedures and Principles Guidelines, the Committee consists of the Association’s Chairman and two members proposed by the Association from amongst its own Board of Directors members and elected by the Board of Directors for a period of two years. The Committee was composed in a manner providing the representation of an intermediary institution, a bank and an asset management company. The Advisory Committee members designated by our Association for the 2020-2022 period are: • Tevfik Eraslan – Chairperson of the Association’s Board of Directors • İbrahim Halil Öztop – Vice Chairperson of the Association’s Board of Directors • Erhan Topaç – Member of the Association’s Board of Directors TCMA 2020 ANNUAL REPORT 35
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