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ARTICLE · 23 APRIL 2024

CMB Deploys Electronic System For Submissions

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On February 5, 2024, the Capital Markets Board of Türkiye ("CMB") announced the launch of its new electronic system for submissions, known as "e-Başvuru Sistemi".

TurkeyFinance and Banking
Muhsin Keskin
Muhsin Keskin
Büşra Cavas
Büşra Cavas
Semih Aktaş
Semih Aktaş
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Recent Developments

On February 5, 2024, the Capital Markets Board of Türkiye ("CMB") announced the launch of its new electronic system for submissions, known as "e-Başvuru Sistemi". This innovative platform facilitates the submission to the CMB electronically, streamlining the process and enhancing accessibility. For detailed guidance on utilizing this system, please refer to the CMB's official guide here.

What Does the Decision Say?

The CMB's new decision No. 18/470 (the "Decision") published in the CMB Bulletin No. 2024/17 and dated March 28, 2024 mandates the use of its electronic system for various submissions starting from April 15, 2024.

Pursuant to the Decision, submissions that will be made by the institutions, organizations and issuers that fall within the scope of central registration system (Mersis); and fall into the jurisdiction of the CMB's Corporate Finance Department must be made through the CMB's electronic system.

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