2010 ilerleme raporu - Avrupa Birliği Bakanlığı

The CMB further amended the communiqué on the principles regarding mergers in order toenhance transparency. In cases of acquisition of one company by another which holds 95% ormore of its shares, a simplified procedure will be applied. The disclosure document on themerger will have to be published electronically.Turkey amended its Law on financial reporting in the capital market. As a result, companiesmust disclose annual and interim financial reports on their websites and keep them availableto the public for five years.Some progress can be reported in the area of corporate accounting. The Turkish AccountingStandards Board (TASB) published several standards, interpretations and revisions of anumber of international accounting standards (IAS). The standards apply to 600 listedcompanies. Specialised training was organised for TASB staff members.Limited progress can be reported on auditing. The CMB issued a communiqué on principlesfor independent auditing standards in the capital markets. The CMB also changed the sanctionof ‘permanent cancellation’ of the independent audit licence to ‘the cancellation of not lessthan two years. After two years, the independent audit firm can apply for lifting of thesanction.Partially in line with the Directive on statutory audits of annual accounts and consolidatedaccounts, a database on independent audit firms was opened to the public. The CMB speededup quality controls on audit firms and joined the International Forum of Independent AuditRegulators in order to intensify cooperation with international organisations. The regulatoryframework for auditing is not in place. A public oversight body for statutory auditors andaudit firms has yet to be established.ConclusionOverall, limited progress was made in this chapter during the reporting period. The newCommercial Code has not yet been adopted. The administrative capacity of the TASBrequires further strengthening. The legal and institutional framework for auditing is not yet inplace.4.7. Chapter 7: Intellectual property lawIn the area of copyright and neighbouring rights, the Directorate-General for Copyrights(DGCC) in the Ministry of Culture and Tourism (MoCT) improved its online services.Coordination and cooperation between the copyright bodies has further improved as a resultof training organised jointly by the MoCT, the police, the judiciary and the anti-piracycommissions. After the police joined the anti-piracy commissions, physical piracy hasdecreased. However, in cities other than Istanbul, Ankara and Izmir, conducting ex-officioraids against pirated products is very difficult, due to the lack of a common understanding ofthe legislation on the part of enforcers and the complicated wording of the rules onbanderolling. The rules and procedures for the fight against piracy need simplification. Inparticular, adoption of the pending package of amendments to the Law on intellectual andartistic works is crucial.No progress can be reported in the legislative framework for industrial property rights. Aconstructive and structured dialogue should be established between the Turkish PatentInstitute (TPI) and IPR-holders. Issues linked to bad faith and similar trade marks andindustrial designs remain unresolved. The re-examination board needs more legal experts. Thesearch and examination capacity of the Patent Department needs to be improved. The draftEN 52 EN