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ARTICLE · 15 APRIL 2024

New Principals In E-Applications From Capital Markets Board!

The Capital Markets Board ("CMB") announced that the electronic application system ("E-Application") was ready to be used by the applicants.

TurkeyFinance and Banking

The Capital Markets Board ("CMB") announced that the electronic application system ("E-Application") was ready to be used by the applicants1. Subsequently, the CMB published a user guide on February 5, 2024, for institutions, organizations, and partnerships to use the E-Application. The CMB also provided important details pertaining to submissions via the E-Application in the CMB bulletin dated March 28, 2024 ("Bulletin").

According to the Bulletin, issuers, institutions, organizations, and partnerships registered under MERSİS (central registration system) will apply to the CMB electronically via E-Application as of April 15, 2024. On the other hand, pursuant to the CMB's Public Disclosure Platform Communiqué No. VII-128.6 ("Communiqué"), if existing circumstances prevent electronic application and such circumstances are listed in the Communiqué, the relevant applicants can submit physical applications to the CMB with wet signatures.

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