TCMA ANNUAL REPORT 2018

Memberships DEIK The Foreign Economic Relations Board (DEIK) was founded in 1988, in order to handle the foreign economic relations of the private sector. Our Association became a member of DEIK in 2008 in “founding member” status to represent our industry more effectively on international platforms. ASF The Asia Securities Forum (ASF) was founded in 1995 with the aims of improving the securities market, contributing to economic development and promoting exchange of information between members in the Asia- Pacific region. Our Association became a member of this forum, whose members are associations, exchanges and various institutions in the region, in September 2009. The Association will be hosting 2019 Annual General Meeting of ASF in Istanbul. ICSA The International Council of Securities Associations (ICSA) is a global organization representing industry associations. The aim of the Council, which was founded in 1988, is to contribute to the development of the capital market by ensuring cooperation between member associations. The Association has been a member of ICSA since 2006. At the 30 th General Assembly of ICSA held in Mexico City between 21-23 May 2017, Turkish Capital Markets Association was elected to the Board of Directors to represent the Europe area. At the 31 st Annual General Meeting of ICSA in Taipei on 10- 12 June 2018, the Association was reelected for another year to the Board of Directors representing the Europe Area. IFIE The aim of the International Forum for Investor Education (IFIE), which was set up in 2005 as an independent organization, is to enhance investor education on a global level and to support investors in taking well-informed decisions. Our Association joined the Forum in September 2009, where self-regulatory, regulatory and various non- profit organizations are represented. The Association is a member of the Board of Directors of IFIE since 2011. INFE The Organization for Economic Cooperation and Development (OECD) set up the International Network on Financial Education (INFE) in 2008 to promote financial literacy across member countries. The Association joined the platform in 2015 as an affiliate member. IOSCO The International Organization of Securities Commissions (IOSCO) was founded in 1983 to set global standards in the capital markets. Our Association joined the organization as an affiliate member in 2003, whose members include capital market regulatory agencies. A regular contributor to the bulletin that facilitates information sharing among affiliate members, our Association keeps the international public opinion informed of the developments in our marketplace. ISTAC Istanbul Arbitration Center (ISTAC) was founded upon the enforcement of the Istanbul Arbitration Center Arbitration Law no. 6570 and dated 20 November 2014, which was published in the Official Gazette issue 29190 dated 29 November 2014. Istanbul Arbitration Center (ISTAC) is an independent, impartial and autonomous institution providing arbitration and mediation services for dispute resolution between commercial actors in Turkey and abroad. The ISTAC’s dispute resolution services are available to all contracting parties, without any membership requirements. The Association has become a member of ISTAC in “General Assembly Member” status. TAX COUNCIL Our Association is represented with one member on the Tax Council, which was established to provide the Ministry with feedback on the formulation and implementation of tax policies, and to work on the same. 51 TCMA 2018 ANNUAL REPORT