2010 ilerleme raporu - Avrupa Birliği Bakanlığı

made in the area of State aid. A State aid law establishing a monitoring authority has beenadopted It is now expected that Turkey adjusts its State aids to the requirements of theCustoms Union and of the ECSC Free Trade Agreement.4.9. Chapter 9: Financial servicesThere has been some progress in the areas of banks and financial conglomerates. Theauthorities introduced new measures with a view to mitigating the negative impact of theglobal crisis on the banking sector and their balance sheets. The Central Bank of Turkey andthe Banking Regulatory and Supervisory Authority (BRSA) have brought some flexibility tothe reserve and liquidity requirements. The BRSA signed MoUs with the Banking ControlCommission of Lebanon and the National Bank of Ukraine, increasing the total number ofsuch agreements to 21. The BRSA further improved its supervisory and enforcement capacity,by updating its risk-based audit guidelines and initiating surveys for the regulatory impactassessment of draft implementing legislation. . The BRSA was accepted as a member of theBasel Committee on Banking Supervision and Financial Stability Board in 2009. No progresscan be reported regarding the implementation of the Basel II Accord for credit institutions andinvestment firms. The legislation in the area of banks and financial conglomerates remainslargely satisfactory.Some progress can be reported in the areas of insurance and occupational pensions. TheTreasury still retains the right to revise motor third party liability insurance tariffs if it deemsnecessary. The Treasury required all insurance companies to report their outsourcing activitieson a quarterly basis with a view to monitoring the risks they are exposed to. The Treasuryissued a detailed communiqué on catastrophic risks and on the requirement for insurancecompanies to take into account the previous claims history of their customers. The main gapsin the insurance legislation are the calculation of solvency margins, the minimum amounts ofcover in motor third party liability insurance, which are very low, and the coverage of theguarantee fund. Overall alignment with the acquis in the insurance sector remained partial.Alignment of insurance legislation with the Solvency II framework — the Solvency IIDirective 2009/138/EC and its implementing measures — is currently being prepared.No progress has been made in the establishment of an independent regulatory and supervisoryauthority in the insurance and occupational pensions sector.Turkey’s legislative framework on financial market infrastructure is already largely in linewith the acquis.Some progress can be reported in securities markets and investment services. The CapitalMarkets Board (CMB) published a communiqué on real investment trusts to facilitate initialpublic offerings. The CMB has become a member of the International Forum of IndependentAudit Regulators. The Turkish Capital Market Consultation Council has been established, ahigh-level coordination body to improve cooperation in securities markets. As a provisionalmeasure, the CMB has obtained general ministerial approval for the listing of foreignsecurities at the Istanbul Stock Exchange. The CMB amended the communiqué onintermediary activities and intermediary institutions, facilitating entry and exit in thebrokerage market. There has been no progress as regards investor compensation schemes,market abuse and undertakings for collective investment in transferable securities (UCITS).However, some progress can be noted with regard to the Markets in Financial InstrumentsDirective (MiFID) and prospectus requirements. There has been further progress inEN 55 EN