TSPB ANNUAL REPORT 2019

30 TCMA 2019 ANNUAL REPORT PROFESSIONAL COMMITTEES According to Article 25 of the Statute of the Turkish Capital Markets Association (the Association), the following committees exist under our Association: a) Intermediary Institutions Professional Committee, b) Banks Professional Committee, c) Asset Management Companies Professional Committee, d) Mutual Trusts Professional Committee. 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 if necessary, to form and submit joint opinions and suggestions. They also act as an advisory unit for the Association’s Board of Directors. During the reporting period, Professional Committees having worked on the topics, concerning their respective groups presented their opinions and suggestions to the relevant institutions and the Association’s Board of Directors. PROFESSIONAL COMMITTEES ACT AS THE ADVISORY UNITS FOR THE ASSOCIATION’S BOARD OF DIRECTORS.