COMPLIANCE WITH INTERNATIONAL STANDARDS AND QUESTIONNAIRES
Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) are committees operating under the Bank for International Settlement (BIS) roof which develop international standards about securities clearing, settlement and custody services. Takasbank answered the below mentioned CPMI-IOSCO public disclosure questionnaires regarding securities clearing, settlement and custody systems.
- Takas Istanbul Cheque Clearing System Assessment Document
- Assessment Of Compliance Wıth The Takasbank’s Central Counterparty Activities To The Cpmı-Iosco Core Principle (2020)
Compliance to International Clearing, Settlement and Custody Recommendations and Standards
To improve the capital markets of global economy participants and especially settlement and custody systems, adaptation efforts are growing continuously. A number of standards and suggestions regarding settlement and custody are developed. Takasbank meticulously applies and adapts legal framework, operational efficiency, operational reliability, transparency, trade hours, trade principals, customer securities, regulation-auditing issues.
Nearly all international standards regarding settlement and custody are being applied very carefully and recommendations are taken into consideration in management. Most well known and most common recommendations are stated below;