Regulation on special fund assets from CMB

The Regulation on the Management and Profit of Special Fund Assets prepared by the Capital Markets Board (CMB) was published in today’s issue of the Official Gazette.

The regulation, which was prepared to determine the procedures and principles regarding the management and accrual of special fund assets, consists of 3 parts.

The provisions of the Regulation will be implemented by the Chairman of the Board of Directors of the Investor Compensation Center. In this context, the president is authorized to carry out the necessary works for the management and protection of special fund assets, and this authority; It can be transferred to lower levels, provided that the boundaries are clearly determined and in writing.

The management and accrual of special fund assets will be carried out within the scope of the provisions of the “Decision on the Determination of Public Administrations and Accounts to be Included within the Scope of the Single Treasury Institutions Account” and the “Regulation on the Application of the Single Treasury Institutions Account”.

Payments to the bankruptcy administrations will be made by the decision of the board of directors.

Source: https://www.aa.com.tr/tr/ekonomi/spkdan-ozel-fon-mal-varliklarina-iliskin-yonetmelik/1912190

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