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ARTICLE · 16 AUGUST 2021

Highlights From The Decisions Of Personal Data Protection Board Published On 5 July 2021

Pekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)
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Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired (‘Regulation') has been published in the Official Gazette numbered 31541 and ...

TurkeyWealth Management
Senem Golge Yalcin
Senem Golge Yalcin
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Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired Is Published.

Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired ('Regulation') has been published in the Official Gazette numbered 31541 and dated 14 July 2021, and entered into force. Along with this Regulation, the Regulation on the Establishment and Operational Principles of Asset Management Companies which was published in the Official Gazette numbered 26333 and dated 01.11.2006 ('Former Regulation') has been abolished.

Requirements of Incorporation of Asset Management Companies

The conditions included in the Former Regulation of establishing Asset Management Companies as joint stock companies only, of the issuance of all stock certificates as registered share certificates and in cash, of having the phrase "Asset Management Company" in the trade name are also preserved with the new Regulation as the

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