Capital Markets Board (“CMB”), is
embarking on a digital era in its application procedures, aiming to
shorten the processing time for applications with the
“Electronic Application System
(“e-Application”)” project,
which is now ready for use. Starting from October 2, 2023,
portfolio management companies and investment trusts will be able
to submit their applications to the CMB electronically through the
e-Application platform.
According to the CMB's announcement, starting from January
2024, all institutions, organizations, and partnerships subject to
the CMB's regulations will begin submitting all their
applications electronically. In cases where there is a need for
additional documents, supplementary materials, or other
documentation related to the application, CMB experts will be able
to request these documents electronically, thus allowing for the
entire application process to be tracked in digital media.