TSPB ANNUAL REPORT 2019

52 TCMA 2019 ANNUAL REPORT MEMBERSHIPS DEIK The Foreign Economic Relations Board (DEIK) was founded in 1988, to conduct the foreign economic relations of the private sector. Our Association became a member of DEIK in 2008 under the “founding member” status to represent our industry more effectively in international platforms. ASF The Asia Securities Forum (ASF) was founded in 1995 within the scope of improving the securities market, contributing to economic development and promoting the information exchange between members of the Asia-Pacific region. Our Association became a member of this forum in September 2009. And since then has been associating with the members are associations, exchanges, and various institutions in the region. Our Association hosted the ASF 24 th Annual Meeting in Istanbul. ICSA The International Council of Securities Associations (ICSA) is a global organization representing the associations of the industry. The vision of the Council, which was founded in 1988, is to contribute to the development of the Capital Markets by ensuring co-operation among 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, TCMA was elected to the Board of Directors to represent the European area. The semi-annual meeting of ICSA was held on 5 November 2019 in Istanbul, hosted by our Association. IFIE The International Forum for Investor Education (IFIE), which was set up in 2005 as an independent organization works towards enhancing investor education on a global level and support investors in making well-informed decisions. Our Association joined the Forum in September 2009, where self- regulatory, regulatory and various non-profit organizations are represented. The Association has been a member of the Board of Directors of IFIE since 2011. Asian region members of the International Investor Education Forum came together in Istanbul on 3 November 2019, hosted by our Association. 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 establish global standards for capital markets. Our Association became a member of the organization under the status of “observer member” in 2003, where capital markets regulatory institutions can apply for membership. Our association regularly informs the international community regarding the developments in our market by regularly contributing to the newsletter published for sharing information among the observer members 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 no: 29190, dated 29 November 2014. Istanbul Arbitration Center (ISTAC) is an independent, impartial and autonomous institution, providing arbitration and mediation services for dispute resolutions 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 under “General Assembly Member” status. TAX COUNSEL Our Association is represented with one member on the Tax Council, which was established to provide the Republic of Turkey Ministry of Treasury and Finance, with feedback on the formulation and implementation of tax policies, and to work on these issues.