Mandatory announcement per decision #51/1462 dated 06.12.2006 of the Capital Markets Board of Turkey:
According to Article 10/A of the Capital Markets Law, the transactions that involve tracking of capital market instruments, after dematerialization, within the Central Registry Agency (MKK) are carried out by the MKK, banks, and intermediary institutions. According to the current dematerialization legislation, effective 01.11.2006, the investors are required to submit to the MKK complete and accurate details on:
In the case of natural person full taxpayers, the T.R. Identification Number, issued by the Central Civic Registration System (MERNİS), or
In the case of legal persons and limited taxpayers, the Tax Identification Number (VKN) issued by the Ministry of Finance.
The MERNİS data submitted by intermediary institutions for natural person full taxpayers, and the VKN details submitted for limited taxpayers and legal persons are verified by the Central Registry Agency on the Central Civic Registration System and the Ministry of Finance.
Investors who have incomplete or inconsistent information on their capital market trading accounts with banks and intermediary institutions are at risk of being barred from trading in equities, private sector bonds, and mutual funds (Government Debt Instruments after the dematerialization date).
It is of utmost importance that investors to check their TRIDs, in the case of natural persons who are full taxpayers, or VKNs, in the case of legal persons and limited taxpayers, which they have submitted to the banks or intermediary institutions with which they have an account, against the information available at
http://tckimlik.nvi.gov.tr and
www.gelirler.gov.tr, and to have any inconsistencies remedied with the entity which has the erroneous record (e.g., the civic registry, tax office, or intermediary institution).
This announcement was released for public information.
