Introduction
As stated under Article 128 of Capital Markets Law No.
63621 ("Capital Markets Law"), one of the
duties of the Capital Markets Board ("CMB"), among
others, is to determine the procedures and principles for the
supervision and operation of the management of the information
systems of capital markets institutions, publicly held companies,
stock exchanges and self-regulatory establishments. To this end,
based on the provisions of the Capital Markets Law,
Communiqué on the Management of the Information Systems
(VII-128.9) ("Management Communiqué"), together
with the Communiqué on the Independent Auditing of
Information Systems (III-62.2) ("Auditing
Communiqué," Management Communiqué,and the
Auditing Communiqué, shall collectively be referred to
as the "Communiqués") have been published in the
Official Gazette dated 5 January 2018 and numbered 30292. Both
the Management Communiquéand the Auditing
Communiquéhave entered into force with their publication
in
