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Report from Turkey: Capital Markets Board Introduces Sustainability Principles Compliance Framework

Report from Turkey: Capital Markets Board Introduces Sustainability Principles Compliance Framework COUNTRY REPORT Report from Turkey: Capital Markets Board Introduces Sustainability Principles Compliance Framework UFUK TEKIN: ASSISTANT PROFESSOR, ESKIŞEHIR OSMANGAZI UNIVERSITY, FACULTY OF LAW, ORCID: 0000-0001-7823-1456.* 1. INTRODUCTION whether they have been implemented or not with the principle of ‘Comply or Explain’. In 2014, the Corporate Governance Communiqué (hereinafter As of the annual reports of 2021, including the data for the year 2020 Communiqué) no. II-17.1 was published and put into force. in terms of the corporations specified in the Article 1(5) of the Articles 1 and 8 of this communiqué were amended on 2 October Communiqué, in terms of corporations that have applied/been applied to 2020 to share with stakeholders the basic principles expected to be the Board for the first time their shares to be offered to the public and/or disclosed while conducting Environmental, Social and Corporate to be traded on the stock exchange starting from the annual reports of the Governance activities (Sustainability Principles Compliance relevant year, including the data of the year following the year in which Framework) of publicly held corporations. In terms of the scope of the shares of the corporations started to be traded on the stock exchange. application of the sustainability principles, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Company Law Kluwer Law International

Report from Turkey: Capital Markets Board Introduces Sustainability Principles Compliance Framework

European Company Law , Volume 18 (4): 4 – Aug 1, 2021

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Publisher
Kluwer Law International
Copyright
Copyright © 2021 Kluwer Law International BV, The Netherlands
ISSN
1572-4999
Publisher site
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Abstract

COUNTRY REPORT Report from Turkey: Capital Markets Board Introduces Sustainability Principles Compliance Framework UFUK TEKIN: ASSISTANT PROFESSOR, ESKIŞEHIR OSMANGAZI UNIVERSITY, FACULTY OF LAW, ORCID: 0000-0001-7823-1456.* 1. INTRODUCTION whether they have been implemented or not with the principle of ‘Comply or Explain’. In 2014, the Corporate Governance Communiqué (hereinafter As of the annual reports of 2021, including the data for the year 2020 Communiqué) no. II-17.1 was published and put into force. in terms of the corporations specified in the Article 1(5) of the Articles 1 and 8 of this communiqué were amended on 2 October Communiqué, in terms of corporations that have applied/been applied to 2020 to share with stakeholders the basic principles expected to be the Board for the first time their shares to be offered to the public and/or disclosed while conducting Environmental, Social and Corporate to be traded on the stock exchange starting from the annual reports of the Governance activities (Sustainability Principles Compliance relevant year, including the data of the year following the year in which Framework) of publicly held corporations. In terms of the scope of the shares of the corporations started to be traded on the stock exchange. application of the sustainability principles,

Journal

European Company LawKluwer Law International

Published: Aug 1, 2021

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