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 About The Association
Mission Statement Board of Auditors Departments
Aims Discipline Committee Participations
Duties Management Memberships
Board of Directors Organization Structure
Mission Statement
To contribute to the development of a community of professionals equipped with high level of expertise who are sincerely committed to ethical values and perceive competition as offering better products and services to investors with the ultimate aim of contributing to the development of the national economy and the capital markets.
Aims

  • Contribute to the development of the capital markets and intermediation activities,
  • Facilitate solidarity among its members,
  • Safeguard the prudent and disciplined conduct of business by its members,
  • Prevent unfair competition among its members,
  • Enhance professional know-how in the sector.
Duties
  • Conduct research and offer educational programs,
  • Establish professional rules and regulations,
  • Set safety measures aimed at preventing unfair competition,
  • Cooperate with relevant organizations with the objective of imposing disciplinary action,
  • Monitor professional developments, changes in rules and regulations and inform its members,
  • Assist in the resolution of disputes arising from off-exchange transactions among its members or between its members and investors,
  • Determine the principles on commissions and fees charged by its members and propose these to the Capital Market Board,
  • Evaluate complaints against its members and inform the Board on the results,
  • Cooperate with related foreign institutions.
Board of Directors

Attila KÖKSAL, CFA

Chairman

Alp TEKİNCE

Member

Adnan BAHAR

Member

Tanju GÜNEL

Member

Ahmet C. YILDIRIM

Member

Bora BÖCÜGÖZ

Member

M. Tayfun ORAL

Member
Board of Auditors

Recep ATAKAN

Member

Serdar SATOĞLU

Member

Vesile ŞARLIOĞLU

Member
Discipline Committee

Haluk TÜRKÖLMEZ

Ufuk Ümit ONBAŞI
Tolga ŞENEFE
Management
İlkay ARIKAN Secretary General
Alparslan BUDAK Assistant Secretary General
İlker SAVURAN Assistant Secretary General
Ekin FIKIRKOCA Director-Research and Statistics Department
Sezgin LAFÇI Director-Information Technologies Department
Engin TURAN Director- Human Resources, Administrative and Financial Affairs Department
Kerim KARAKAYA Assistant Director-Human Resources, Administrative and Financial Affairs Department
Esra ESİN SAVAŞAN Director-Compliance and Surveillance Deparment
Süleyman MORBEL Director-Legal Affairs Department
Dr. Gökhan BÜYÜKŞENGÜR Director-Training Department
Tuğba OĞAN Assistant Director-Corporate Communications Department
Organization Structure

Departments

Compliance and Surveillance Department

  • Monitors and inspects the activities of the members.

  • Performs internal audit of the Association.

  • Monitors related regulations, proposes changes in the existing or draft regulations.

  • Identifies the problems of the capital markets and offers solutions.

      Legal Affairs Department

    • Provides legal advice to other departments, General Secretariat and the Board of Directors. 

    • Conducts legal investigations about the applications and complaints made to the Association.

    • Proposes changes in the existing or draft regulations.

    • Prepares the regulations of the Association.

    • Keeps records of disciplinary actions against members.

    • Assists in the resolution of disputes.

    • Monitors professional, administrative and legal developments.

    • Identifies the problems of the capital markets and offers solutions.

        Research and Statistics Department

      • Conducts research for the development of the capital markets.

      • Gathers data on members and publishes periodical statistics.

      • Follows the developments in international capital markets and informs its members.

      • Represents the Association at national and international institutions.

      • Coordinates the Association's international relations.

      • Identifies the problems of the capital markets and offers solutions.

          Training Department

        • Prepares training programs for the market professionals.

        • Organises training programs for the employees of the Association.

        • Organises events such as offering free training programs, internships and/or scholarships.

        • Carries out relations with the academia.

            Corporate Communications Department

          • Manages media correspondence and public relations.

          • Organizes national and international meetings, seminars and conferences.

          • Promotes activities of the Association.

          • Designs and runs investor education programs.

              Information Technologies Department

            • Develops the information technology strategies of the Association.

            • Plans and implements the strategies.

                Human Resources, Administrative and Financial Affairs Department

              • Manages the administrative, accounting and employment operations of the Association.

              • Follows the payment of membership fees.

              • Handles communication with the third parties.

                  •
                  Participations

                  GEBIT
                  The field of activity of Emerging Information Technologies Inc. is defined as developing information technology strategies. The title of the company, its paid-in capital and field of operation were changed in 2010. The company which was initially named Developing Companies Markets Inc. was established in 2005 for creating an exchange for small and medium sized companies. TSPAKB has 5.05% stake and holds one seat at the board of directors. 

                  CRA
                  Central Registry Agency Inc. established in 2001 is responsible for registering capital market instruments & rights attached thereon in electronic form with respect to issuers, intermediary institutions and owner of rights. Moreover, it manages and represents the Investors' Protection Fund. TSPAKB has 5% stake and holds one seat at the board of directors.

                  TurkDEX
                  The Turkish Derivatives Exchange located in İzmir is the first private exchange in Turkey.  TSPAKB has 6% stake and holds two seats at the board of directors.

                  Capital Markets Licensing and Training Agency
                  Capital Markets Licensing and Training Agency established in 2011 is responsible for organizing capital market licensing exams and preparing training activities. The Association has 40% stake and holds three seats at the board of directors.
                  Memberships

                  DOMESTIC
                  DEİK
                  Foreign Economic Relations Board (DEIK) was formed in 1988 according to the Law on The Union of Chambers and Commodity Exchanges of Turkey, and Chambers and Exchanges, in order to foster the private sector's foreign economic relations. Our association became member of the Board in 2008 as "founding institution".


                  INTERNATIONAL
                  ASF
                  Asia Securities Forum was established in 1995 to exchange views and information among the securities industry in the Asia-Pacific region with the goal of contributing to the development of securities markets and economic growth in the region. The members are mainly representatives of securities dealers associations or securities companies in the Asia-Pacific region. Our Association became a member of the Forum in 2009.

                  AFIE

                  The primary objective of the Asia Forum for Investor Education (AFIE), which is the Asia Pacific body for the International Forum for Investor Education (IFIE), is to facilitate investor education and information exchange in the Asia-Pacific region. Our Association became a founding member of the Forum in 2010.


                  FEAS
                  Federation of Euro-Asian Stock Exchanges was established in 1995. The members mainly comprise of stock exchanges, central settlement and custody institutions. Our Association became an affiliate member of the Federation in 2009.

                  ICSA

                  International Council of Securities Associations is an organization, which represents trade associations and self-regulatory associations for the capital market. The Council was established in 1988 with the aim of contributing the development of the capital markets by coordinating the member associations. Our Association became a member of the Council in 2006. 

                  IFIE
                  International Forum for Investor Education was created in 2005 as an independent entity. Its goal is to improve investor education on a worldwide basis; provide investors to make informed choices about financial products and investments. Self regulatory institutions, regulators and non-profit organizations are members of the Forum. TSPAKB became a member of IFIE in 2009.

                  IOSCO

                  International Organization of Securities Commissions was created in 1983 to promote high standards of regulation in order to maintain just, efficient and sound capital markets; through an effective collaboration between capital markets regulatory and supervisory authorities. TSPAKB became an affiliate member of the organization in 2003.
                  		    

                  Last Updated on: 23/05/2013
                  Copyright (c) 2008 The Association of Capital Market Intermediary Institutions of Turkey