1. ‘Investor Protection and Asset Safety’
Hong Kong - WFC 2017
Gokce ILIRIS
Head of International Relations & Corporate Communications
17 November 2017

2. MKK in Brief – Turkish Market Practices
Turkish capital market is fully dematerialized
MKK operates a fully segregated beneficial-owner based securities settlement system (SSS) and depository system
It is possible for foreign investor CSDs to open omnibus accounts at MKK (without any limitation on how to maintain records in their system)
Capital Markets Board (CMB) can ask investor CSDs to share beneficial owner information for the investors present in the omnibus accounts in case of an investigation or suspicion of a fraudulent activity.
In that case, investor CSDs shall be required to disclose relevant information on beneficial owners.
To ensure maximum level of investor protection & asset safety, MKK develops value-added services to enhance
Asset Segregation – Asset Protection & Flexibility
Public Disclosure; Shareholder Communication & Information on the Issuers
Transperancy; Market Data 01

3. MKK Account Structure MKK PARTICIPANTS ACCOUNTS SUB-ACCOUNTS 02
PARTICIPANT «A»
(LOCAL CUSTODIAN/INTERMEDIARY)
Participant Portfolio Acc.
Investor Acc.(1)
Free
Pledge
Attachment
PARTICIPANT «B»
( INVESTOR CSD )
(I)CSD Portfolio Acc.
(I)CSD Investor Acc. (Beneficial Owner)
«Omnibus» Account
PARTICIPANTS
ACCOUNTS
SUB-ACCOUNTS
System access available by electronic cards.
More than 40 account types. Main accounts;
Investor
Portfolio
Fund
Settlement Pool Accounts
Investor types
Local\Foreigner
Real Person\Legal Entity\Fund\Investment trust\Other
Fully accountable \ Limited taxpayer 02

4. Turkish - MKK Practices -2
Communication bridge between companies and shareholders
Platform to enhance corporate governance & investor relations to develop transparency and information access
Continuous information exchange between shareholders and companies through internet, and mobile applications
An electronic system through which electronically signed notifications required by the regulations are publicly disclosed
Designed to allow easy access to correct, timely, fair and reliable information about all listed companies
The platform enables its members to send their notifications and announcements,
It also facilitates publication of these notifications and announcements.
Real time notification of investors via SMS &
Activates whenever a transaction takes place
Aims to eliminate possible errors and fraudulent attempts
Distribution of capital markets data by econometric models
Single source, secure, consistent & reliable
Easy access for all to non-confidential data
Domestic/Foreign share of securities holdings
Actual shares outstanding
Period statistics 03

5. How It Works in Turkey? 04 END INVESTOR COMPANY Custodians
Corporate Actions Announcements
Entitlement Date/Record Date
ISO15022
COMPANY
Foreign CSD
Financial Statements
ISO20022
Financial Reporting
ICSD
Company Information
Prospectus
Articles of Association
& SMS Notification 04

6. For further assistance please contact with
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company/merkezi-kayit-kurulusu-a.s.-mkk-