TCMA 2020 ANNUAL REPORT
which we exercised the necessary caution in view of the pandemic conditions, we distributed a total of 42 awards under 8 categories this year. We dedicated the first one of the meritorious service in capital market awards to Yaşar Erdinç, Ph.D. who passed away in 2018, in recognition of his major contributions to training in the field of capital markets, and the second one to the late Zeki Döşlüoğlu, a doyen in the industry. On behalf of the Association and our industry, we would like to express our heartfelt gratitude to the late Yaşar Erdinç and the late Zeki Döşlüoğlu for their invaluable contributions to our capital markets. The 4 th World Investor Week was Held with a High Level of Interest Although we were forced to put on hold our physical programs in investor education and financial literacy due to the Covid-19, which we regard vital for our industry’s development at the TCMA, we carried on with our activities through online events and training programs. Celebrated in 87 countries with the support of international organizations, the fourth edition of the World Investor Week was held online between 16-21 November 2020 as a co‑organization of our Association, the CMB and Borsa İstanbul. In our event that featured 113 speakers on 27 different topics, we emphasized the importance of informed and accurate investment around the theme of investor education, informing and protection throughout the week. The sessions organized on various topics ranging from stock and gold investment to the golden rule of budgeting, company acquisitions, mergers and finding strategic partners to attracting sustainability funds to Turkey were viewed 18,000 times in 6 days. “Camera in Your Hand, Future in Your Pocket” short film contest was another initiative within the scope of financial literacy and investor education, which are among the Association’s fundamental duties. Submissions were received from all regions of Turkey for our annual contest that was organized for the sixth time in 2020. As a new feature this year, 10 films selected by the jury were put to public vote for the first time. We announced the results of the contest during an online award ceremony held in June, where we presented the prizes to our finalists. We carried on with our multi-faceted communication activities aimed at supporting and improving the investment culture in Turkey. In 2020, we continued to air the TV program “Birlikte Yatırım” (Investing Together), which made its debut in 2019 OVERVIEW OF 2020 I am expecting 2021 to be a year in which our country will get a share of global capital movements commensurate with its potential and I wish it will also mark the start of a new period in which our capital markets will flourish further. I believe that driving the progress of capital markets requires improvement not just on the investor side, but also in the companies’ viewpoint of capital markets and their culture in this respect. We need to increase the number of publicly-held companies in a healthy fashion. To do that, steps need to be taken for companies to consider the capital market as an area where they can derive long-term funding. Public offerings may not be carried out without the involvement of intermediary institutions, which are our members. Based on this fact, we set up a working group under the Intermediary Institutions Professional Committee operating under the Association to conceive suggestions targeted at investment companies so that public offering intermediation activities can be executed effectively, and to review the TCMA Public Offering Principles. At the same time, we decided that minimum standards for research reports be set by the Association, with the purpose of increasing the number of reports and bettering their quality, which help our investors make healthy investment decisions. Accordingly, through our working group composed of related sector professionals, we started to work towards determining “Research and Analyst Reports Principles”, observing compliance with the national capital markets in technical and regulatory aspects, within the frame of internationally recognized documents in the public domain. We have Organized the 5 th TCMA Golden Bull Awards Ceremony On 3 September 2020, we held the fifth edition of the TCMA Golden Bull Awards Ceremony that we have turned into an annual event with the aim of contributing to the development and recognition of capital markets. During the event for 20 TCMA 2020 ANNUAL REPORT
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