TSPB ANNUAL REPORT 2019

29 TCMA 2019 ANNUAL REPORT 8 November 2019, with the co-operation of the Technology Development Foundation of Turkey (TTGV), at the Association headquarters. Stakeholders in the sector were informed by the TTGV representatives about technology investments in Turkey. Opinion About the Share Transactions Sent to Participation Banks Association of Turkey (TKBB) Our Association compiled and conveyed our members’ views to TKBB, regarding the draft standard on “share issuance and trading”, conducted by the Participation Banks Association of Turkey (TKBB) Advisory Board. Borsa Istanbul Advisory Committee Within the corporation of Borsa Istanbul, it was decided to establish an Advisory Committee to enact recommendations in order to inform the Borsa Istanbul Board of Directors about the development of capital markets and the problems, demands, and necessities of the sector. Per the “Advisory Committee Working Procedures and Principles Directive”, the Committee was composed of the President of our Association and two members who were proposed by the Association among their members and elected by the Board for 2 years. An intermediary institution, a bank, and an asset management institution were also presented in the committee. Accordingly, members of the Advisory Committee specified by our Association are listed below; • Alp Keler, Ph.D., CFA, Chairperson • Erhan Topaç, Vice Chairperson • Oktay Okan Alpay, Member of the Board Co-operation Between Borsa Istanbul and Our Association Joint meetings were held throughout the year, to exchange ideas to develop and expand the financial markets, to evaluate new products and to improve market forces, primarily on the equity market, futures, and options market (VIOP), public offerings and debt instruments market. The representatives of intermediary institutions and banks from the members of the Association’s board of directors and auditors, Borsa Istanbul officials, representatives of Istanbul Settlement and Custody Bank Inc. (Takasbank) and Central Securities and Depository of Turkey (MKK) attended. The complications and concerns experienced in practice were mutually evaluated to find mutual solutions. Sustainability Platform Coordination Council for the Improvement of the Investment for Environment Action Plan Meeting Borsa Istanbul was appointed by the Coordination Council for the Improvement of the Investment for Environment as the responsible organization within the task of “Encouraging the Turkish companies to get more involved in the global sustainable investment flows”, one of the responsibilities of the Tax, Finance, and Incentives Task Force. A meeting by Borsa Istanbul with members of the Sustainability Platform to exchange views with relevant stakeholders and evaluate the suggestions, was held on 10 October 2019 with the broad participation of institutions, including our Association. Meeting on the Futures and Options Market (VIOP) Conducting Evening Sessions To evaluate the principles of the operation and implementation, regarding the “conducting evening sessions” was planned to be put into effect by Borsa Istanbul in the Futures and Options Market (VIOP), as of 17 January 2020. An information meeting towards software providers and data broadcasters/ publishers, was held with our members and Borsa Istanbul representatives on 27 November 2019.