Administrative fine of 5.5 million lira in total from CMB to 2 real persons and 2 legal entities

According to the CMB weekly bulletin, the board approved the capital increase application of Mega Polyethylene Küpk Sanayi ve Ticaret in the amount of 25 million lira.

CMB decided to approve the request to allow the establishment of venture capital investment partnerships titled Ahlatç Girişim Vakfı Yatırım Ortaklığı A. He also approved his request.

CMB also decided to approve Argeus Gayrimenkul Portfy Ynetimi A’s request for an operating permit and a portfolio management authorization certificate.

The Board, which approved the request of Bankpositive Credit and Development Bank A. to be allowed to engage in public offering intermediation activities such as order transmission intermediation, transaction intermediation, portfolio intermediation, individual portfolio management, investment consultancy and brokerage undertaking, in addition to its existing operating licenses, Fonventure Crowdfunding Platform A. It also allowed the establishment of the crowdfunding platform.

CMB also decided, upon its request, to remove IHY Independent Audit and Yeminli Mali Mavirlik A. from the List of Institutions Authorized for Independent Audit in the Capital Market.

Narrow Fines

As a result of the investigation carried out regarding the transactions carried out in the Trker Proje Gayṙmenkul ve Yatrım Gel̇ṫrme A share market between 27 July 2022 and 5 August 2022, the Board decided to impose an administrative fine of 2 million 109 thousand 65 liras in total to 2 real persons, and 3 million 150 liras to nfo Investment Securities. It ruled to impose an administrative fine of 1,216 liras and 209,349 liras to Metrik Real Estate Appraisal Consultancy.

Thus, CMB decided to impose a total administrative fine of 5 million 468 thousand 630 liras on 2 real persons and 2 legal entities.

The Board, which decided to make a criminal complaint against 15 real people, 8 internet content providers and the person who used the telephone line registered in their name, ruled to take the necessary legal actions to prevent access to 25 websites determined to be removed abroad, via the internet, for people residing in Turkey.

CMB also enabled capital market institutions, organizations and partnerships to make applications more quickly and effectively through the e-Application System.

In this regard, starting from April 15, 2024, exclusions within the scope of the Central Registry System (MERSS) will be made to the Board by institutions and organizations, and applications falling within the scope of duty of the Partnerships Finance Department will be made electronically through the e-Application System.

In addition, fire, natural disasters, state of war, terrorist incidents, other developments that may significantly affect the continuation of activities, unavoidable technical disruptions in the general network connection, the information processing systems of the parties to notify become dysfunctional for reasons that cannot be attributed to them, and applications in such mandatory situations, It can also be done physically with a wet signature.