TCMA Annual Report 2021 20 OVERVIEW OF 2021 Distinguished Members, Following the shock the pandemic created, 2021 has seen global economy relatively revived compared to the previous year as vaccination came into the equation. Continued economic incentives by governments and central banks in an effort to ease the impacts of the pandemic, the fast transformation in financial technology, increased tendency for saving up, and investors’ search for returns brought along a growing interest in capital markets on a global scale. Despite the pandemic, our government worked vigorously to navigate our country through this ordeal as smoothly as possible implementing supportive policies from the onset of the process. Critical changes have been authored within the frame of these efforts and policies, which were directed towards increasing the role of capital markets. Assisted with these supports, we, as the Turkish capital market, left behind a year of records enabled by our successful performance. In the present “Annual Report” we are sharing with you, I would like to summarize and review our Association’s activities in 2021. As the Turkish Capital Markets Association, we left behind 20 years in operation. In these two decades, our Association took critical steps for the growth, strengthening and deepening of our capital markets with the sub-regulations it has developed, with solution suggestions to industry’s issues devised in cooperation with the market players, with endeavors to communicate pathways to the industry’s evolution to public institutions and organizations, and with research and education activities carried on. The Association has always played a pioneering and creative role in the creation of the shared values that will drive the development of our capital TCMA at its 20th year Turkish Capital Markets Association that celebrated two decades in service last year has always played a pioneering and productive role in creating the common values that will drive the development of our capital markets with its solution proposals, research, training programs and communication activities.
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