RECENT AMENDMENTS IN LEGISLATION ON ASSET MANAGEMENT COMPANIES
The Banking Regulation and Supervision Agency (
“BRSA”) introduced new principles applicable to the asset management companies with the new regulation published in the Official Gazette dated 5 March 2016 and No. 29644 amending the Regulation on Principles of Incorporation and Activities of Asset Management Companies published in the Official Gazette dated 1 November 2006 and No. 26333.