{"id":16726,"date":"2022-01-26T13:36:02","date_gmt":"2022-01-26T13:36:02","guid":{"rendered":"http:\/\/www.alohaber.net\/wp\/?p=16726"},"modified":"2022-01-26T13:36:02","modified_gmt":"2022-01-26T13:36:02","slug":"sermaye-piyasasi-araclarinin-teminatli-ihracina-iliskin-usul-ve-esaslar-hakkinda-teblig-ii-31-b-1","status":"publish","type":"post","link":"https:\/\/www.alohaber.net\/wp\/2022\/01\/sermaye-piyasasi-araclarinin-teminatli-ihracina-iliskin-usul-ve-esaslar-hakkinda-teblig-ii-31-b-1\/","title":{"rendered":"Sermaye Piyasas\u0131 Ara\u00e7lar\u0131n\u0131n Teminatl\u0131 \u0130hrac\u0131na \u0130li\u015fkin Usul ve Esaslar Hakk\u0131nda Tebli\u011f (II-31\/B.1)"},"content":{"rendered":"

\"\"<\/a>Sermaye Piyasas\u0131 Ara\u00e7lar\u0131n\u0131n Teminatl\u0131 \u0130hrac\u0131 (II-31\/B.1) 26 Ocak 2022 Tarihli Resmi Gazete Say\u0131: 31731 Sermaye Piyasas\u0131 Kurulundan: B\u0130R\u0130NC\u0130 B\u00d6L\u00dcM Ama…<\/p>\n

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Sermaye Piyasas\u0131 Ara\u00e7lar\u0131n\u0131n Teminatl\u0131 \u0130hrac\u0131na \u0130li\u015fkin Usul ve Esaslar Hakk\u0131nda Tebli\u011f (II-31\/B.1)<\/strong><\/p>\n

Tarih:\u00a0
\n

Sermaye Piyasas\u0131 Ara\u00e7lar\u0131n\u0131n Teminatl\u0131 \u0130hrac\u0131 (II-31\/B.1)<\/h4>\n

26 Ocak 2022 Tarihli Resmi Gazete<\/p>\n

Say\u0131: 31731<\/p>\n

Sermaye Piyasas\u0131 Kurulundan:<\/p>\n

B\u0130R\u0130NC\u0130 B\u00d6L\u00dcM<\/strong><\/p>\n

Ama\u00e7, Kapsam, Dayanak ve Tan\u0131mlar<\/strong><\/p>\n

Ama\u00e7 ve kapsam<\/strong><\/p>\n

MADDE 1 \u2013<\/strong>\u00a0(1) Bu Tebli\u011fin amac\u0131, sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n bu Tebli\u011f kapsam\u0131nda teminatl\u0131 ihrac\u0131nda verilecek teminatlara, teminat y\u00f6netim s\u00f6zle\u015fmelerine ve teminat y\u00f6neticisine ili\u015fkin uygulanacak usul ve esaslar\u0131 d\u00fczenlemektir.<\/p>\n

Dayanak<\/strong><\/p>\n

MADDE 2 \u2013<\/strong>\u00a0(1) Bu Tebli\u011f, 6\/12\/2012 tarihli ve\u00a06362 say\u0131l\u0131 Sermaye Piyasas\u0131 Kanununun<\/a><\/strong>\u00a031\/B maddesine dayan\u0131larak haz\u0131rlanm\u0131\u015ft\u0131r.<\/p>\n

Tan\u0131mlar ve k\u0131saltmalar<\/strong><\/p>\n

MADDE 3 \u2013<\/strong>\u00a0(1) Bu Tebli\u011fde ge\u00e7en;<\/p>\n

a) Banka: 19\/10\/2005 tarihli ve\u00a05411 say\u0131l\u0131 Bankac\u0131l\u0131k Kanununda<\/a><\/strong>\u00a0tan\u0131mlanan bankalar\u0131,<\/p>\n

b) Bor\u00e7lanma arac\u0131 sahipleri kurulu (BASK): Kanunun 31\/A maddesinde d\u00fczenlenen kurulu,<\/p>\n

c) Borsa: Kanunun 3 \u00fcnc\u00fc maddesinin birinci f\u0131kras\u0131n\u0131n (\u00e7) bendinde tan\u0131mlanan borsay\u0131,<\/p>\n

\u00e7) Finansal kurulu\u015f: 5411 say\u0131l\u0131 Kanunda tan\u0131mlanan kurulu\u015flar\u0131,<\/p>\n

d) \u0130hra\u00e7: Sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n ihra\u00e7\u00e7\u0131lar taraf\u0131ndan \u00e7\u0131kar\u0131l\u0131p, halka arz edilerek veya halka arz edilmeksizin sat\u0131\u015f\u0131n\u0131,<\/p>\n

e) \u0130hra\u00e7\u00e7\u0131: Bu Tebli\u011fde tan\u0131mlanan sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131 ihra\u00e7 eden, ihra\u00e7 etmek \u00fczere Kurula ba\u015fvuruda bulunan veya bu Tebli\u011fde tan\u0131mlanan sermaye piyasas\u0131 ara\u00e7lar\u0131 halka arz edilen t\u00fczel ki\u015fileri,<\/p>\n

f) \u0130li\u015fkili taraf: T\u00fcrkiye Muhasebe Standartlar\u0131\/T\u00fcrkiye Finansal Raporlama Standartlar\u0131 (TMS\/TFRS)\u2019nda tan\u0131mlanan ili\u015fkili taraf\u0131,<\/p>\n

g) Kanun: 6\/12\/2012 tarihli ve 6362 say\u0131l\u0131 Sermaye Piyasas\u0131 Kanununu,<\/p>\n

\u011f) KAP: Kamuyu Ayd\u0131nlatma Platformunu,<\/p>\n

h) Kurul: Sermaye Piyasas\u0131 Kurulunu,<\/p>\n

\u0131) MKK: Merkezi Kay\u0131t Kurulu\u015fu Anonim \u015eirketini,<\/p>\n

i) Ortakl\u0131k: Anonim ortakl\u0131\u011f\u0131,<\/p>\n

j) Sermaye piyasas\u0131 arac\u0131: Niteli\u011fi itibar\u0131yla bor\u00e7lanma arac\u0131 oldu\u011fu Kurulca kabul edilen sermaye piyasas\u0131 ara\u00e7lar\u0131 da d\u00e2hil olmak \u00fczere, 7\/6\/2013 tarihli ve 28670 say\u0131l\u0131 Resm\u00ee Gazete\u2019de yay\u0131mlanan\u00a0Bor\u00e7lanma Ara\u00e7lar\u0131 Tebli\u011fi (VII-128.8)<\/a><\/strong>\u2019nde tan\u0131mlanan bor\u00e7lanma ara\u00e7lar\u0131 ve Kurulca uygun g\u00f6r\u00fclecek di\u011fer sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131,<\/p>\n

k) S\u0131n\u0131rl\u0131 ayni hak: 22\/11\/2001 tarihli ve\u00a04721 say\u0131l\u0131 T\u00fcrk Medeni Kanununun<\/a><\/strong>\u00a0779 ila 972 nci maddelerinde tan\u0131mlanan haklar\u0131,<\/p>\n

l) Teminata konu varl\u0131k: \u0130hra\u00e7 edilecek sermaye piyasas\u0131 arac\u0131ndan do\u011fan y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn ifas\u0131n\u0131n teminat\u0131n\u0131 te\u015fkil etmek \u00fczere bu Tebli\u011f kapsam\u0131nda ihra\u00e7\u00e7\u0131 veya \u00fc\u00e7\u00fcnc\u00fc bir ki\u015fi taraf\u0131ndan teminat y\u00f6neticisine devredilen veya \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilen 5 inci maddenin birinci f\u0131kras\u0131nda belirtilen varl\u0131klar\u0131,<\/p>\n

m) Teminat y\u00f6neticisi: 11\/7\/2013 tarihli ve 28704 say\u0131l\u0131 Resm\u00ee Gazete\u2019de yay\u0131mlanan\u00a0Yat\u0131r\u0131m Hizmetleri ve Faaliyetleri ile Yan Hizmetlere \u0130li\u015fkin Esaslar Hakk\u0131nda Tebli\u011f (III-37.1)<\/a><\/strong>\u2019de d\u00fczenlenen genel saklama yetkisine sahip yat\u0131r\u0131m kurulu\u015flar\u0131ndan Kurulca onaylanarak ilan edilenleri,<\/p>\n

n) TTSG: T\u00fcrkiye Ticaret Sicili Gazetesini,<\/p>\n

o) Y\u00f6netim kontrol\u00fc: Kanunun 26 nc\u0131 maddesinde tan\u0131mlanan kontrol g\u00fcc\u00fcn\u00fc,<\/p>\n

ifade eder.<\/p>\n

\u0130K\u0130NC\u0130 B\u00d6L\u00dcM<\/strong><\/p>\n

Teminatl\u0131 \u0130hraca \u0130li\u015fkin Genel Esaslar ve Teminata Konu Varl\u0131klar<\/strong><\/p>\n

Teminatl\u0131 ihra\u00e7 ve ba\u015fvuru s\u00fcreci<\/strong><\/p>\n

MADDE 4 \u2013<\/strong>\u00a0(1) Sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n bu Tebli\u011f kapsam\u0131nda teminatl\u0131 ihrac\u0131nda, ihra\u00e7\u00e7\u0131n\u0131n bu ara\u00e7lardan do\u011fan y\u00fck\u00fcml\u00fcl\u00fcklerinin vadesinde yerine getirilmesini sa\u011flamak \u00fczere, teminata konu varl\u0131klar\u0131n sevk ve idaresinin sa\u011flanmas\u0131, korunmas\u0131, muhafazas\u0131 amac\u0131yla teminat y\u00f6neticisine mevzuatta \u00f6ng\u00f6r\u00fclen usulde m\u00fclkiyeti devredilir veya bunlar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilir.<\/p>\n

(2) \u0130hra\u00e7\u00e7\u0131lar, ihra\u00e7 edecekleri sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131 bu Tebli\u011f kapsam\u0131nda teminat alt\u0131na alabilir. Kurul; ihra\u00e7\u00e7\u0131, ihra\u00e7\u00e7\u0131n\u0131n t\u00fcr\u00fc veya finansal durumu, ihra\u00e7 tutar\u0131 ve\/veya ihrac\u0131 planlanan sermaye piyasas\u0131 arac\u0131 t\u00fcr\u00fcne g\u00f6re ihra\u00e7 edilecek sermaye piyasas\u0131 arac\u0131n\u0131n bu Tebli\u011f kapsam\u0131nda teminat alt\u0131na al\u0131nmas\u0131n\u0131 zorunlu tutabilir.<\/p>\n

(3) Teminata konu varl\u0131klar\u0131n m\u00fclkiyetinin teminat y\u00f6neticisine devri veya bunlar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesisine ili\u015fkin i\u015flemler tamamlanmadan,\u00a0\u00a0bu Tebli\u011f kapsam\u0131nda teminatl\u0131 sermaye piyasas\u0131 arac\u0131n\u0131n sat\u0131\u015f\u0131na ba\u015flanamaz. Bu i\u015flemler en ge\u00e7 sat\u0131\u015fa ba\u015flanmadan bir i\u015f g\u00fcn\u00fc \u00f6nce tamamlan\u0131r ve i\u015flemlerin tamamlad\u0131\u011f\u0131 hususu sat\u0131\u015ftan \u00f6nce KAP\u2019ta ilan edilir. Bu Tebli\u011f kapsam\u0131nda ihra\u00e7 edilecek sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n tahsisli olarak veya borsada i\u015flem g\u00f6rmeyecek \u015fekilde nitelikli yat\u0131r\u0131mc\u0131lara sat\u0131lmas\u0131 durumunda, bu madde kapsam\u0131nda yap\u0131lmas\u0131 gereken ilanlar MKK arac\u0131l\u0131\u011f\u0131yla yat\u0131r\u0131mc\u0131lara elektronik ortamda iletilir ve ihra\u00e7\u00e7\u0131n\u0131n internet sitesinde yay\u0131mlanarak yat\u0131r\u0131mc\u0131lar\u0131n eri\u015fimine a\u00e7\u0131k tutulur. MKK arac\u0131l\u0131\u011f\u0131yla yap\u0131lacak duyurular\u0131n g\u00f6nderim \u015fekli ve usul\u00fcne ili\u015fkin esaslar MKK taraf\u0131ndan belirlenir.<\/p>\n

(4) Kurul, teminata konu varl\u0131klar\u0131n devir tarihindeki de\u011ferinin, ihra\u00e7\u00e7\u0131n\u0131n teminatl\u0131 ihra\u00e7 edilecek sermaye piyasas\u0131 ara\u00e7lar\u0131ndan do\u011fan y\u00fck\u00fcml\u00fcl\u00fcklerinin devir tarihi itibar\u0131yla hesaplanan tutar\u0131na e\u015fit ya da bu tutardan y\u00fcksek olmas\u0131n\u0131 isteyebilir.<\/p>\n

(5) Bu Tebli\u011f kapsam\u0131nda sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n teminatl\u0131 ihrac\u0131 i\u00e7in Kuruldan bu ama\u00e7la bir ihra\u00e7 tavan\u0131 al\u0131n\u0131r. Al\u0131nan ihra\u00e7 tavan\u0131 kapsam\u0131nda yap\u0131lacak ihra\u00e7lar\u0131n teminatl\u0131 olmas\u0131 zorunludur.<\/p>\n

(6) \u0130hra\u00e7 tavan\u0131n\u0131n onaylanmas\u0131 amac\u0131yla Kurula yap\u0131lan ba\u015fvuruda iletilecek yetkili organ kararlar\u0131nda, Bor\u00e7lanma Ara\u00e7lar\u0131 Tebli\u011fi (VII-128.8)\u2019nin 5 inci maddesi h\u00fck\u00fcmleri k\u0131yasen uygulan\u0131r. Yetkili organ kararlar\u0131nda sermaye piyasas\u0131 arac\u0131n\u0131n bu Tebli\u011f kapsam\u0131nda teminatl\u0131 ihra\u00e7 edilece\u011fi hususu a\u00e7\u0131k\u00e7a belirtilir.<\/p>\n

Teminata konu varl\u0131klar<\/strong><\/p>\n

MADDE 5 \u2013<\/strong>\u00a0(1) A\u015fa\u011f\u0131daki varl\u0131klar, ihra\u00e7 edilecek sermaye piyasas\u0131 ara\u00e7lar\u0131 i\u00e7in bu Tebli\u011f kapsam\u0131nda teminata konu olabilir:<\/p>\n

a) Nakit (T\u00fcrk Liras\u0131\/konvertibl d\u00f6viz).<\/p>\n

b) 9\/1\/2014 tarihli ve 28877 say\u0131l\u0131 Resm\u00ee Gazete\u2019de yay\u0131mlanan\u00a0Varl\u0131\u011fa veya \u0130pote\u011fe Dayal\u0131 Menkul K\u0131ymetler Tebli\u011fi (III-58.1)<\/a><\/strong>\u2019nin 16 nc\u0131 maddesinde belirlenen nitelikleri haiz, ayn\u0131 Tebli\u011fin 15 inci maddesinin birinci f\u0131kras\u0131nda say\u0131lan varl\u0131klar.<\/p>\n

c) Hazine ve Maliye Bakanl\u0131\u011f\u0131 taraf\u0131ndan ihra\u00e7 edilen d\u00f6viz cinsinden tahviller, Devlet i\u00e7 bor\u00e7lanma senetleri, Hazine ve Maliye Bakanl\u0131\u011f\u0131 Varl\u0131k Kiralama Anonim \u015eirketi taraf\u0131ndan ihra\u00e7 edilen kira sertifikalar\u0131.<\/p>\n

\u00e7) Borsa \u0130stanbul A.\u015e. Y\u0131ld\u0131z Pazarda i\u015flem g\u00f6ren paylar.<\/p>\n

d) Bankalar taraf\u0131ndan ihra\u00e7 edilmi\u015f \u00f6zkaynak hesaplamas\u0131na dahil edilecek niteliktekiler hari\u00e7 bor\u00e7lanma ara\u00e7lar\u0131.<\/p>\n

e) Herhangi bir k\u0131s\u0131tlama i\u00e7ermeksizin ilk talepte derhal \u00f6deme taahh\u00fcd\u00fcn\u00fc i\u00e7eren banka teminat mektuplar\u0131.<\/p>\n

f) Yat\u0131r\u0131m fonu kat\u0131lma paylar\u0131.<\/p>\n

g) Borsada i\u015flem g\u00f6ren standart k\u0131ymetli madenler.<\/p>\n

\u011f) \u0130pote\u011fe dayal\u0131 menkul k\u0131ymetler ve varl\u0131\u011fa dayal\u0131 menkul k\u0131ymetler.<\/p>\n

h) Niteli\u011fine uygun olmas\u0131 durumunda sigortalanmas\u0131 \u015fart\u0131yla 20\/10\/2016 tarihli ve\u00a06750 say\u0131l\u0131 Ticari \u0130\u015flemlerde Ta\u015f\u0131n\u0131r Rehni Kanununun<\/a><\/strong>\u00a05 inci maddesinin birinci f\u0131kras\u0131n\u0131n (a), (e), (f), (g), (\u011f), (h) ve (l) bentlerinde yer alan varl\u0131klar.<\/p>\n

\u0131) Sigortalanmas\u0131 \u015fart\u0131yla, 4721 say\u0131l\u0131 Kanunun 704 \u00fcnc\u00fc maddesinde belirtilen ta\u015f\u0131nmaz mallar.<\/p>\n

i) Bu f\u0131krada say\u0131lan teminat olarak kabul edilebilecek varl\u0131klar \u00fczerinde tesis edilebilecek s\u0131n\u0131rl\u0131 ayni haklar.<\/p>\n

j) Kurulca uygun g\u00f6r\u00fclecek di\u011fer varl\u0131klar.<\/p>\n

(2) \u00dczerinde s\u0131n\u0131rl\u0131 ayni hak bulunan ta\u015f\u0131nmazlar ancak s\u00f6z konusu ta\u015f\u0131nmaz\u0131n de\u011ferini d\u00fc\u015f\u00fcren mevcut ayni hak y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcnden arta kalan de\u011feri kadar dikkate al\u0131n\u0131r. Bu de\u011fer be\u015finci f\u0131kra \u00e7er\u00e7evesinde yapt\u0131r\u0131lacak de\u011ferleme ile tespit edilir.<\/p>\n

(3) Kurul; ihra\u00e7\u00e7\u0131 ile teminata konu varl\u0131klar\u0131n niteli\u011fini, likiditesini ve benzeri \u00f6zelliklerini dikkate alarak ihra\u00e7\u00e7\u0131lardan teminata konu varl\u0131klar\u0131n \u00e7e\u015fitlendirilmesini ve\/veya de\u011fi\u015ftirilmesini talep etmeye, s\u00f6z konusu varl\u0131klar\u0131n hangi oranda teminat olarak kabul edilebilece\u011fini belirlemeye ve\/veya teminata konu varl\u0131klar\u0131n d\u00fczenli olarak ve\/veya ar\u0131zi olarak yeniden de\u011ferlenmesini talep etmeye yetkilidir.<\/p>\n

(4) Teminata konu varl\u0131klar\u0131n teminat y\u00f6neticisine devredildi\u011fi veya bunlar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edildi\u011fi tarih itibar\u0131yla a\u015fa\u011f\u0131daki \u015fartlar\u0131 sa\u011flamas\u0131 zorunludur:<\/p>\n

a) Birinci f\u0131kran\u0131n (c) bendinde belirtilen varl\u0131klar hari\u00e7, teminata konu varl\u0131klar\u0131n T\u00fcrkiye Cumhuriyeti s\u0131n\u0131rlar\u0131 i\u00e7inde olmas\u0131, teminata konu varl\u0131\u011f\u0131n alacak olmas\u0131 halinde ise s\u00f6z konusu alaca\u011f\u0131n bor\u00e7lusunun T\u00fcrkiye\u2019de yerle\u015fik ki\u015filerden olmas\u0131,<\/p>\n

b) Varl\u0131klar\u0131n \u00fczerinde devri veya s\u0131n\u0131rl\u0131 ayni hak tesisini k\u0131s\u0131tlay\u0131c\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerin bulunmamas\u0131.<\/p>\n

(5) Birinci f\u0131kran\u0131n (h), (\u0131) ve (i) bentlerindeki teminata konu varl\u0131klar\u0131n piyasa de\u011feri, bu varl\u0131klar\u0131n teminat y\u00f6neticisine devrinden veya bunlar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilmesinden \u00f6nce Kurulun de\u011ferlemeye ili\u015fkin d\u00fczenlemeleri \u00e7er\u00e7evesinde belirlenir. Birinci f\u0131kran\u0131n (\u0131) bendindeki varl\u0131klar i\u00e7in iki farkl\u0131 de\u011ferleme \u015firketinden de\u011ferleme raporu al\u0131nmas\u0131 ve bu raporlarda tespit edilen de\u011ferlerden d\u00fc\u015f\u00fck olan\u0131n\u0131n esas al\u0131nmas\u0131 gerekir.<\/p>\n

(6) Teminata konu varl\u0131klar\u0131n, teminat y\u00f6neticisinin bor\u00e7lar\u0131 d\u0131\u015f\u0131ndaki bir nedenle haczedilmesi, bir mahkeme karar\u0131 gere\u011fi veya kanuna dayal\u0131 i\u015flemle teminat y\u00f6neticisinin m\u00fclkiyetinden \u00e7\u0131kmas\u0131, tedbir uygulanmas\u0131 yahut yok olmas\u0131 gibi hallerde, ihra\u00e7\u00e7\u0131 veya ilgili \u00fc\u00e7\u00fcnc\u00fc ki\u015fi taraf\u0131ndan s\u00f6z konusu varl\u0131klar\u0131n yerine ayn\u0131 de\u011ferde yeni varl\u0131klar\u0131n ve\/veya haklar\u0131n \u00fc\u00e7 i\u015f g\u00fcn\u00fc i\u00e7erisinde teminat y\u00f6neticisine devredilmesi veya \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilmesi zorunludur.<\/p>\n

(7) Teminata konu varl\u0131klara ait d\u00f6nemsel gelirler, aksi teminat y\u00f6netim s\u00f6zle\u015fmesinde kararla\u015ft\u0131r\u0131lmad\u0131k\u00e7a teminata konu varl\u0131k de\u011ferine eklenir.<\/p>\n

Teminata konu varl\u0131klara ili\u015fkin genel esaslar<\/strong><\/p>\n

MADDE 6 \u2013\u00a0<\/strong>(1) Teminata konu varl\u0131klar, ihra\u00e7 edilecek sermaye piyasas\u0131 ara\u00e7lar\u0131ndan do\u011fan y\u00fck\u00fcml\u00fcl\u00fcklerin vadesinde yerine getirilmesini temin amac\u0131yla s\u0131n\u0131rl\u0131 olmak \u00fczere teminat y\u00f6neticisine devredilir veya bu varl\u0131klar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilir. Teminata konu varl\u0131klar, teminat y\u00f6neticisinin malvarl\u0131\u011f\u0131ndan ayr\u0131d\u0131r ve ayr\u0131 izlenir. Teminata konu varl\u0131klar, teminat y\u00f6neticisinin bor\u00e7lar\u0131 nedeniyle kamu alacaklar\u0131 i\u00e7in olsa dahi haczedilemez, rehnedilemez, iflas masas\u0131na dahil edilemez ve \u00fczerlerine ihtiyati tedbir ve ihtiyati haciz konulamaz. Teminata konu varl\u0131\u011f\u0131n, teminat olarak devredildi\u011fi veya \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edildi\u011fi hususu ilgili sicilde beyanlar hanesine kaydedilir.<\/p>\n

(2) Bankalar, MKK veya di\u011fer finansal kurulu\u015flar nezdinde tutulmakta olan teminata konu varl\u0131klar teminat y\u00f6neticisinin kendi varl\u0131\u011f\u0131ndan ayr\u0131 hesaplarda izlenir. Teminat y\u00f6neticisi ad\u0131na a\u00e7\u0131lacak olan hesaplar\u0131n teminat y\u00f6netim s\u00f6zle\u015fmesi gere\u011fi a\u00e7\u0131lm\u0131\u015f oldu\u011fu, bankalar, MKK veya ilgili di\u011fer finansal kurulu\u015flar taraf\u0131ndan a\u00e7\u0131k\u00e7a tan\u0131mlan\u0131r ve bu hesaplar amac\u0131 d\u0131\u015f\u0131nda kullan\u0131lamaz. Bu hesaplar teminat olarak g\u00f6sterilemez, \u00fczerinde blokaj, rehin ve benzeri herhangi bir takyidat tesis edilemez.<\/p>\n

(3) Teminat y\u00f6neticisi taraf\u0131ndan teminata konu varl\u0131klar i\u00e7in banka hesab\u0131 a\u00e7t\u0131r\u0131l\u0131rken, bankaya s\u00f6z konusu hesaptaki varl\u0131\u011f\u0131n teminat y\u00f6netim s\u00f6zle\u015fmesi gere\u011fi a\u00e7\u0131lm\u0131\u015f oldu\u011fu ve herhangi bir \u015fekilde kendi hesab\u0131 ile birle\u015ftirilmemesi gerekti\u011fi hususunda yaz\u0131l\u0131 bilgi verilmesi ve bankadan konuya ili\u015fkin onay al\u0131nmas\u0131 zorunludur. A\u00e7\u0131lan hesap, teminat y\u00f6neticisinin banka nezdindeki di\u011fer hesaplar\u0131ndan ayr\u0131\u015ft\u0131r\u0131labilecek \u015fekilde isimlendirilir. Banka taraf\u0131ndan on be\u015f i\u015f g\u00fcn\u00fc i\u00e7erisinde konuya ili\u015fkin onay verilmemesi durumunda teminat y\u00f6neticisi ilgili tutar\u0131 ba\u015fka bir bankaya aktarmak zorundad\u0131r.<\/p>\n

(4) Teminat y\u00f6neticisi taraf\u0131ndan Kanunun 31\/B maddesi ve bu Tebli\u011f kapsam\u0131nda teminata konu varl\u0131klar\u0131n korunmas\u0131, muhafazas\u0131, idaresi, sat\u0131\u015f\u0131 ve benzeri i\u015flemler i\u00e7in vergi dahil yap\u0131lmas\u0131 gereken giderler teminata konu varl\u0131klardan kar\u015f\u0131lanamaz. Teminata konu varl\u0131klara ili\u015fkin masraflar\u0131n ve giderlerin ilgili \u00f6zel d\u00fczenlemeler nedeniyle teminata konu varl\u0131klardan kar\u015f\u0131lanmas\u0131n\u0131n zorunlu olmas\u0131 halinde, bu kapsamda kesinti yap\u0131lan tutarlar ihra\u00e7\u00e7\u0131 taraf\u0131ndan \u00fc\u00e7 i\u015f g\u00fcn\u00fc i\u00e7inde kar\u015f\u0131lanmas\u0131 zorunludur. Bu hususa teminat y\u00f6netim s\u00f6zle\u015fmesinde yer verilir.<\/p>\n

\u00dc\u00c7\u00dcNC\u00dc B\u00d6L\u00dcM<\/strong><\/p>\n

Teminat Y\u00f6netim S\u00f6zle\u015fmesi<\/strong><\/p>\n

Teminat y\u00f6netim s\u00f6zle\u015fmesi ve asgari unsurlar\u0131<\/strong><\/p>\n

MADDE 7 \u2013<\/strong>\u00a0(1) Teminat y\u00f6netim s\u00f6zle\u015fmesi, ihra\u00e7\u00e7\u0131 ile teminat y\u00f6neticisi aras\u0131nda, ihra\u00e7\u00e7\u0131n\u0131n ilgili sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fcklerini izahnamede veya ihra\u00e7 belgesinde belirtilen esaslara uygun olarak yerine getirmesini sa\u011flamak \u00fczere teminata konu varl\u0131klar\u0131n teminat y\u00f6neticisine devredilmesi yahut bu varl\u0131klar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilmesine ili\u015fkin taahh\u00fcd\u00fc i\u00e7eren ve teminat y\u00f6neticisinin teminata konu varl\u0131klar\u0131 korumay\u0131, idare etmeyi ve gerekti\u011finde s\u00f6z konusu varl\u0131klar\u0131 paraya \u00e7evirerek ihra\u00e7\u00e7\u0131n\u0131n yat\u0131r\u0131mc\u0131lara olan y\u00fck\u00fcml\u00fcl\u00fcklerinin ifas\u0131n\u0131 sa\u011flamay\u0131, ihra\u00e7\u00e7\u0131n\u0131n ilgili sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fc yerine getirmesi halinde ise teminata konu varl\u0131klar\u0131n bu varl\u0131klar\u0131 devredene iade edilmesine veya \u00fczerindeki s\u0131n\u0131rl\u0131 ayn\u0131 hakk\u0131n kald\u0131r\u0131lmas\u0131na ili\u015fkin taahh\u00fcd\u00fc i\u00e7eren yaz\u0131l\u0131 s\u00f6zle\u015fmedir.<\/p>\n

(2) Teminat y\u00f6netim s\u00f6zle\u015fmesinde asgari olarak;<\/p>\n

a) S\u00f6zle\u015fmenin hangi ihra\u00e7tan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn teminat\u0131n\u0131 olu\u015fturan varl\u0131klar\u0131 y\u00f6netmek \u00fczere yap\u0131ld\u0131\u011f\u0131,<\/p>\n

b) \u0130hra\u00e7\u00e7\u0131n\u0131n sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn ne oldu\u011fu, bunun ne zaman ve ne \u015fekilde yerine getirilece\u011fi,<\/p>\n

c) \u0130hra\u00e7\u00e7\u0131n\u0131n temerr\u00fcd\u00fc d\u0131\u015f\u0131nda hangi hallerde alaca\u011f\u0131n teminattan kar\u015f\u0131lanmas\u0131n\u0131n s\u00f6z konusu olabilece\u011fi ve her halde teminat y\u00f6neticisinin derhal bilgilendirilece\u011fi,<\/p>\n

\u00e7) Teminata konu varl\u0131klar\u0131n zilyetli\u011finin hangi tarafta kalaca\u011f\u0131 ve zilyetli\u011fe sahip olacak taraf\u00e7a bu varl\u0131klar\u0131n nas\u0131l i\u015fletilece\u011fi ve\/veya kullan\u0131laca\u011f\u0131,<\/p>\n

d) Teminata konu varl\u0131klar\u0131 zilyetli\u011finde bulunduran ki\u015finin teminat y\u00f6neticisi haricinde bir ki\u015fi olmas\u0131 durumunda, bu ki\u015finin talep halinde varl\u0131klar\u0131n durumu, kullan\u0131m\u0131 ve i\u015fletilmesine ili\u015fkin her t\u00fcrl\u00fc bilgi ve belgeyi teminat y\u00f6neticisine verece\u011fi hususunun ihra\u00e7\u00e7\u0131 taraf\u0131ndan taahh\u00fct edilmi\u015f oldu\u011fu,<\/p>\n

e) Teminata konu varl\u0131klar\u0131n ola\u011fan bak\u0131m ve koruma giderleri, ola\u011fand\u0131\u015f\u0131 masraflar\u0131, vergi y\u00fck\u00fcml\u00fcl\u00fckleri, de\u011ferleme masraflar\u0131 ile bu varl\u0131klara ili\u015fkin mevzuat yahut s\u00f6zle\u015fme uyar\u0131nca zorunlu olarak \u00f6denmesi gereken benzeri di\u011fer y\u00fck\u00fcml\u00fcl\u00fcklerin hangi taraf\u00e7a kar\u015f\u0131lanaca\u011f\u0131,<\/p>\n

f) Taraflar\u0131n hak ve y\u00fck\u00fcml\u00fcl\u00fcklerinin neler oldu\u011fu ile s\u00f6zle\u015fme uyar\u0131nca teminat y\u00f6neticisine \u00f6denecek \u00fccret ve \u00f6deme esaslar\u0131,<\/p>\n

g) Teminat y\u00f6neticisinin y\u00fck\u00fcml\u00fcl\u00fcklerinden kaynaklanan operasyonel g\u00f6revlerini k\u0131smen veya tamamen \u00fc\u00e7\u00fcnc\u00fc ki\u015filere devredip devredemeyece\u011fi ve devredilebilecek g\u00f6revlere ili\u015fkin esaslar,<\/p>\n

\u011f) Devredilecek veya \u00fczerinde s\u0131n\u0131rl\u0131 ayni hak tesis edilecek teminata konu varl\u0131klar\u0131n bu Tebli\u011fde belirtilen nitelikleri eksiksiz olarak sa\u011flad\u0131\u011f\u0131n\u0131n hangi aral\u0131klarla, nas\u0131l ve hangi taraf\u00e7a tespit edilece\u011fi,<\/p>\n

h) Bu Tebli\u011fdeki zorunlu haller haricinde, teminata konu varl\u0131\u011f\u0131n taraflarca vade i\u00e7erisinde de\u011ferlemesinin yap\u0131l\u0131p yap\u0131lmayaca\u011f\u0131,<\/p>\n

yer al\u0131r.<\/p>\n

Teminat y\u00f6netim s\u00f6zle\u015fmesine ili\u015fkin genel esaslar<\/strong><\/p>\n

MADDE 8 \u2013<\/strong>\u00a0(1) Teminat y\u00f6netim s\u00f6zle\u015fmesi, ihra\u00e7 tavan\u0131 ba\u015fvurusuna ili\u015fkin belgelerle birlikte Kurula iletilir. Teminat y\u00f6netim s\u00f6zle\u015fmesi, ihra\u00e7 tavan\u0131 tutar\u0131n\u0131n tamam\u0131 i\u00e7in tek seferde veya ihra\u00e7 tavan\u0131 i\u00e7erisinde ger\u00e7ekle\u015ftirilecek tertip ihra\u00e7lar\u0131 i\u00e7in ayr\u0131 ayr\u0131 yap\u0131labilir. Yurt i\u00e7inde halka arz edilmeksizin yap\u0131lacak ihra\u00e7lar bak\u0131m\u0131ndan ihra\u00e7 tavan\u0131 tutar\u0131n\u0131n tamam\u0131 i\u00e7in tek teminat y\u00f6netim s\u00f6zle\u015fmesi yap\u0131larak s\u00f6zle\u015fmenin Kurula ba\u015fvuru s\u0131ras\u0131nda iletilmesi halinde, her bir tertip ihrac\u0131 i\u00e7in Kurula ayr\u0131ca ba\u015fvuru yap\u0131lmas\u0131 zorunlu de\u011fildir.<\/p>\n

(2) Teminat y\u00f6netim s\u00f6zle\u015fmesinin ihra\u00e7 tavan\u0131 tutar\u0131n\u0131n tamam\u0131 i\u00e7in tek seferde yap\u0131lmas\u0131 durumunda, Kurula ba\u015fvuru s\u0131ras\u0131nda iletilecek teminat y\u00f6netim s\u00f6zle\u015fmesinde, teminata konu varl\u0131klar\u0131n her bir tertip ihrac\u0131 bak\u0131m\u0131ndan a\u00e7\u0131k\u00e7a ayr\u0131\u015ft\u0131r\u0131lm\u0131\u015f olmas\u0131 gerekir. Ayr\u0131\u015ft\u0131rma i\u015flemi teminata konu varl\u0131klar\u0131n hangi oranda, hangi tutarda ve hangi tertibe \u00f6zg\u00fclenmi\u015f oldu\u011fu a\u00e7\u0131k\u00e7a belirtilmek suretiyle yap\u0131l\u0131r.<\/p>\n

(3) Teminat y\u00f6netim s\u00f6zle\u015fmesinin ihra\u00e7 tavan\u0131 dahilindeki tertipler i\u00e7in ayr\u0131 ayr\u0131 yap\u0131lacak olmas\u0131 halinde ise ihra\u00e7 tavan\u0131 ba\u015fvurusuna ili\u015fkin belgelerle birlikte taslak teminat y\u00f6netim s\u00f6zle\u015fmesi Kurula sunulur. Bu durumda her bir tertip ihrac\u0131ndan \u00f6nce tertip ihra\u00e7 belgesinin onaylanmas\u0131 amac\u0131yla Kurula ba\u015fvuru yap\u0131larak imzal\u0131 teminat y\u00f6netim s\u00f6zle\u015fmesinin Kurula iletilmesi gerekir. Bu f\u0131kra uyar\u0131nca yap\u0131lacak ihra\u00e7larda ayn\u0131 varl\u0131\u011f\u0131n birden fazla tertip i\u00e7in teminata konu varl\u0131k olarak belirlenmesi halinde ise, varl\u0131\u011f\u0131n ihra\u00e7 edilecek tertibe hangi oranda ve tutarda \u00f6zg\u00fclendi\u011fi ilgili teminat y\u00f6netim s\u00f6zle\u015fmesinde a\u00e7\u0131k\u00e7a belirtilir.<\/p>\n

(4) \u0130hra\u00e7tan sonra teminat y\u00f6netim s\u00f6zle\u015fmesinde, izahname veya ihra\u00e7 belgesinde,\u00a0\u00a0yat\u0131r\u0131mc\u0131lar\u0131n ilgili sermaye piyasas\u0131 ara\u00e7lar\u0131ndan do\u011fan alacaklar\u0131n\u0131 tam ve zaman\u0131nda almalar\u0131n\u0131 etkileyecek nitelikteki de\u011fi\u015fikliklerin yap\u0131labilmesi i\u00e7in s\u00f6z konusu de\u011fi\u015fikli\u011fin BASK taraf\u0131ndan karara ba\u011flanmas\u0131 gerekir. BASK toplant\u0131lar\u0131nda Kurulun BASK\u2019a ili\u015fkin d\u00fczenlemeleri uygulan\u0131r.<\/p>\n

(5) Teminat y\u00f6netim s\u00f6zle\u015fmesine, ilgili sermaye piyasas\u0131 ara\u00e7lar\u0131na ve bunlar\u0131n ihrac\u0131na ili\u015fkin bu Tebli\u011fde h\u00fck\u00fcm bulunmayan hallerde, mahiyetine uygun d\u00fc\u015ft\u00fc\u011f\u00fc \u00f6l\u00e7\u00fcde Kurulun di\u011fer d\u00fczenlemeleri ile genel h\u00fck\u00fcmler k\u0131yasen uygulan\u0131r.<\/p>\n

Temerr\u00fct ve temerr\u00fcd\u00fcn sonu\u00e7lar\u0131<\/strong><\/p>\n

MADDE 9 \u2013<\/strong>\u00a0(1) Sermaye piyasas\u0131 arac\u0131n\u0131n anapara, faiz ve benzeri \u00f6demelerinin izahnamede veya ihra\u00e7 belgesinde \u00f6ng\u00f6r\u00fclen s\u00fcrede yerine getirilmemesi temerr\u00fct say\u0131l\u0131r. Teminat y\u00f6netim s\u00f6zle\u015fmesinde teminattan alaca\u011f\u0131n kar\u015f\u0131lanmas\u0131n\u0131n s\u00f6z konusu olaca\u011f\u0131 di\u011fer durumlar da belirlenebilir. Bu durumlar temerr\u00fctle ayn\u0131 sonucu do\u011furur.<\/p>\n

(2) Teminat y\u00f6neticisi, temerr\u00fct halinde ya da kanun veya s\u00f6zle\u015fme h\u00fck\u00fcmlerinde \u00f6ng\u00f6r\u00fclen di\u011fer sebeplerle teminattan alaca\u011f\u0131n kar\u015f\u0131lanmas\u0131 s\u00f6z konusu oldu\u011funda; herhangi bir ihbar veya ihtarda bulunma, s\u00fcre verme, adli veya idari merciden izin ya da onay alma, teminat\u0131n a\u00e7\u0131k artt\u0131rma ya da ba\u015fka bir yol ile nakde \u00e7evrilmesi gibi herhangi bir \u00f6n \u015fart\u0131 yerine getirme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc olmaks\u0131z\u0131n, teminata konu varl\u0131klar\u0131 sat\u0131p bedellerini yat\u0131r\u0131mc\u0131lar aras\u0131nda payla\u015ft\u0131rabilir.<\/p>\n

(3) Temerr\u00fct veya temerr\u00fctle ayn\u0131 sonucu do\u011furan di\u011fer hallerin meydana gelmesi durumunda 5 inci maddenin birinci f\u0131kras\u0131n\u0131n;<\/p>\n

a) (a) bendinde belirtilen konvertibl d\u00f6viz en ge\u00e7 izleyen i\u015f g\u00fcn\u00fcnde T\u00fcrk Liras\u0131na \u00e7evrilerek yat\u0131r\u0131mc\u0131lara \u00f6denir.<\/p>\n

b) (b) bendinde belirtilen teminata konu varl\u0131klar vadelerinde tahsil edildik\u00e7e yat\u0131r\u0131mc\u0131lara \u00f6denir.<\/p>\n

c) (c), (\u00e7), (d), (e), (f), (g), (\u011f) ve (j) bentlerinde belirtilen teminata konu varl\u0131klar be\u015f i\u015f g\u00fcn\u00fc i\u00e7erisinde paraya \u00e7evrilerek yat\u0131r\u0131mc\u0131lara \u00f6denir.<\/p>\n

\u00e7) (h), (\u0131) ve (i) bentlerinde belirtilen teminata konu varl\u0131klar\u0131n de\u011ferleme yapt\u0131r\u0131lmas\u0131 da dahil olmak \u00fczere paraya \u00e7evrilmesi i\u015flemlerine en ge\u00e7 otuz be\u015f g\u00fcn i\u00e7inde ba\u015flan\u0131r.<\/p>\n

(4) \u00dc\u00e7\u00fcnc\u00fc f\u0131krada \u00f6ng\u00f6r\u00fclen de\u011ferleme i\u015flemlerinde, Kurulun ilgili d\u00fczenlemeleri esas al\u0131n\u0131r.<\/p>\n

(5) Teminata konu varl\u0131klar\u0131n, ihra\u00e7\u00e7\u0131n\u0131n \u00f6deme y\u00fck\u00fcml\u00fcl\u00fcklerini kar\u015f\u0131layacak kadarl\u0131k k\u0131sm\u0131 paraya \u00e7evrilir.<\/p>\n

(6) Teminata konu varl\u0131klar\u0131n paraya \u00e7evrilmesiyle elde edilen tutar\u0131n, yat\u0131r\u0131mc\u0131lar\u0131n tamam\u0131n\u0131n alacaklar\u0131n\u0131 kar\u015f\u0131lamaya yetmemesi halinde teminat y\u00f6neticisi taraf\u0131ndan yat\u0131r\u0131mc\u0131lara oransal olarak \u00f6deme yap\u0131l\u0131r. Bu f\u0131kra kapsam\u0131nda oransal \u00f6deme tutar\u0131; teminata konu varl\u0131klar\u0131n paraya \u00e7evrilmesi sonucunda elde edilen sat\u0131\u015f tutar\u0131n\u0131n ihra\u00e7\u00e7\u0131n\u0131n ilgili sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcne b\u00f6l\u00fcnmesi suretiyle bulunan oran\u0131n, birim sermaye piyasas\u0131 arac\u0131n\u0131n sa\u011flad\u0131\u011f\u0131 alacak tutar\u0131 ile \u00e7arp\u0131lmas\u0131 suretiyle, a\u015fa\u011f\u0131daki \u015fekilde hesaplan\u0131r:<\/p>\n

a) Oransal \u00d6deme Tutar\u0131=(Teminatlar\u0131n Sat\u0131\u015f Tutar\u0131\/\u0130hra\u00e7\u00e7\u0131n\u0131n \u00d6deme Y\u00fck\u00fcml\u00fcl\u00fckleri) x Birim Sermaye Piyasas\u0131 Arac\u0131n\u0131n Sa\u011flad\u0131\u011f\u0131 Alacak<\/p>\n

(7) Teminat y\u00f6neticisi yat\u0131r\u0131mc\u0131lara yapaca\u011f\u0131 \u00f6demeleri MKK arac\u0131l\u0131\u011f\u0131 ile ger\u00e7ekle\u015ftirebilir. Bu hususa teminat y\u00f6netim s\u00f6zle\u015fmesinde yer verilir.<\/p>\n

\u0130hra\u00e7\u00e7\u0131n\u0131n hak ve y\u00fck\u00fcml\u00fcl\u00fckleri<\/strong><\/p>\n

MADDE 10 \u2013<\/strong>\u00a0(1) \u0130hra\u00e7\u00e7\u0131, teminat y\u00f6netim s\u00f6zle\u015fmesi kapsam\u0131nda ihraca ili\u015fkin y\u00fck\u00fcml\u00fcl\u00fcklerini kar\u015f\u0131lamak \u00fczere 5 inci maddede belirtilen varl\u0131klar\u0131 teminat y\u00f6neticisine devretmek yahut bu varl\u0131klar \u00fczerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis etmekle y\u00fck\u00fcml\u00fcd\u00fcr.<\/p>\n

(2) \u0130hra\u00e7\u00e7\u0131, teminat y\u00f6neticisinden, sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan d\u00f6nemsel \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn yerine getirilmesi halinde sermaye piyasas\u0131 arac\u0131n\u0131n \u00f6denen\/itfa edilen k\u0131sm\u0131na denk gelen oranda, sat\u0131lamayan sermaye piyasas\u0131 arac\u0131 olmas\u0131 halinde ise sat\u0131lamayan k\u0131sma denk gelen oranda teminata konu varl\u0131\u011f\u0131n iadesini;<\/p>\n

a) \u0130zahname veya ihra\u00e7 belgesinde belirtilen esaslara uygun olmas\u0131,<\/p>\n

b) \u0130lgili sermaye piyasas\u0131 arac\u0131na ili\u015fkin devam eden \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fc 4 \u00fcnc\u00fc maddenin d\u00f6rd\u00fcnc\u00fc f\u0131kras\u0131 da g\u00f6zetilmek suretiyle yeterli oranda teminata konu varl\u0131\u011f\u0131n teminat y\u00f6neticisinde muhafazas\u0131na devam edilmesi,<\/p>\n

kayd\u0131yla talep edebilir.<\/p>\n

(3) \u0130hra\u00e7\u00e7\u0131n\u0131n s\u00f6zle\u015fme imzalad\u0131\u011f\u0131 teminat y\u00f6neticisinin ticaret unvan\u0131, hangi ihra\u00e7la ilgili olarak atand\u0131\u011f\u0131 ve yetkileri, her hal\u00fckarda Kurulca onaylanan izahname veya ihra\u00e7 belgesi kapsam\u0131nda yap\u0131lacak ilk sat\u0131\u015ftan \u00f6nce, teminat y\u00f6neticisinin sonradan de\u011fi\u015fmesi durumunda ise s\u00f6zle\u015fmenin imza tarihinden itibaren \u00fc\u00e7 i\u015f g\u00fcn\u00fc i\u00e7inde ihra\u00e7\u00e7\u0131 taraf\u0131ndan, ihra\u00e7\u00e7\u0131n\u0131n merkezinin bulundu\u011fu yerin ticaret siciline ay\u0131rt edici \u015fekilde tescil ve TTSG\u2019de ilan olunur.<\/p>\n

Teminat y\u00f6neticisinin hak ve y\u00fck\u00fcml\u00fcl\u00fckleri<\/strong><\/p>\n

MADDE 11 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi, bu Tebli\u011f kapsam\u0131nda teminatl\u0131 ihra\u00e7 edilen sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn teminat\u0131n\u0131 te\u015fkil etmek \u00fczere m\u00fclkiyeti kendisine devredilen veya \u00fczerinde lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilen varl\u0131klar\u0131n sevk ve idaresinin sa\u011flanmas\u0131, korunmas\u0131, muhafazas\u0131, bunlara ili\u015fkin hukuki yollara m\u00fcracaat edilmesi, temerr\u00fct halinde ya da kanun veya s\u00f6zle\u015fmede \u00f6ng\u00f6r\u00fclen di\u011fer sebeplerle, teminattan alaca\u011f\u0131n kar\u015f\u0131lanmas\u0131 s\u00f6z konusu oldu\u011funda; teminata konu varl\u0131klar\u0131n paraya \u00e7evrilmesine, teminata konu varl\u0131klar\u0131n sat\u0131\u015f tutar\u0131n\u0131n yat\u0131r\u0131mc\u0131lar aras\u0131nda payla\u015ft\u0131r\u0131lmas\u0131na, yat\u0131r\u0131mc\u0131lar\u0131n alaca\u011f\u0131 kar\u015f\u0131land\u0131ktan sonra arta kalan de\u011fer olursa bunun teminat verene iade edilmesine, sermaye piyasas\u0131 arac\u0131n\u0131n itfa edilmesi halinde teminata konu varl\u0131klar\u0131n teminat verene iade edilmesine, yat\u0131r\u0131mc\u0131lar\u0131n hak ve menfaatlerinin korunmas\u0131 da dahil di\u011fer her t\u00fcrl\u00fc i\u015f ve i\u015flemlerin yerine getirilmesine yetkili ve g\u00f6revlidir.<\/p>\n

(2) Teminat y\u00f6neticisi, teminata konu varl\u0131klara ili\u015fkin tapuya tescil i\u015flemleri, ara\u00e7 sicili, ta\u015f\u0131n\u0131r rehin sicili ve benzeri sicillerde yap\u0131lacak rehin, ipotek veya herhangi bir ayni hakk\u0131n, \u015ferhin, takyidat\u0131n, hak ve alaca\u011f\u0131n tescili, kayd\u0131 ve bunlar i\u00e7in gerekli olan her t\u00fcrl\u00fc i\u015flem dahil olmak \u00fczere teminat\u0131n tesisi, terkini, fekki, sona erdirilmesi konusundaki t\u00fcm i\u015f ve i\u015flemleri kendi ad\u0131na ve yat\u0131r\u0131mc\u0131lar hesab\u0131na yerine getirmeye yetkilidir.<\/p>\n

(3) Teminat y\u00f6neticisi, teminata konu varl\u0131klar\u0131 devralaca\u011f\u0131 veya bunlar \u00fczerinde lehine ayni hak tesis edilece\u011fi tarih itibar\u0131yla s\u00f6z konusu varl\u0131klar\u0131n Tebli\u011fde veya izahname ya da ihra\u00e7 belgesinde \u00f6ng\u00f6r\u00fclen nitelikleri ta\u015f\u0131y\u0131p ta\u015f\u0131mad\u0131\u011f\u0131n\u0131 kontrol eder; kontrol sonucunda, \u00f6ng\u00f6r\u00fclen nitelikleri ta\u015f\u0131yanlar\u0131 teminat olarak kabul edip teminat tesis i\u015flemlerini ger\u00e7ekle\u015ftirir. Teminatl\u0131 ihra\u00e7 edilen sermaye piyasas\u0131 arac\u0131 itfa olana kadar, s\u00f6z konusu nitelikleri ta\u015f\u0131mad\u0131\u011f\u0131 anla\u015f\u0131lan varl\u0131klar\u0131n olmas\u0131 durumunda ise, bunlar\u0131n gerekli nitelikleri ta\u015f\u0131yanlarla derhal de\u011fi\u015ftirilmesini ihra\u00e7\u00e7\u0131dan talep eder. An\u0131lan nitelikleri ta\u015f\u0131mad\u0131\u011f\u0131 anla\u015f\u0131lan varl\u0131klar\u0131n en ge\u00e7 be\u015f i\u015f g\u00fcn\u00fc i\u00e7inde nitelikleri uygun olanlarla de\u011fi\u015ftirilmesi zorunludur. Bu f\u0131kra kapsam\u0131ndaki hususlara ayr\u0131ca teminat y\u00f6netim s\u00f6zle\u015fmesinde yer verilir.<\/p>\n

(4) Teminat y\u00f6neticisi, mevzuat ve teminat y\u00f6netim s\u00f6zle\u015fmesi kapsam\u0131nda \u00fcstlendi\u011fi g\u00f6rev ve sorumluluklar\u0131, ilgili sermaye piyasas\u0131 arac\u0131na sahip olan yat\u0131r\u0131mc\u0131lar\u0131n menfaatlerini g\u00f6zeterek, iyi niyet ve d\u00fcr\u00fcstl\u00fck kurallar\u0131 \u00e7er\u00e7evesinde, sadakat, \u00f6zen ve titizlikle y\u00fcr\u00fct\u00fcr.<\/p>\n

(5) Teminat y\u00f6netim s\u00f6zle\u015fmesinde teminat y\u00f6neticisinin y\u00fck\u00fcml\u00fcl\u00fcklerini k\u0131smen veya tamamen devredebilece\u011finin d\u00fczenlendi\u011fi hallerde, teminat y\u00f6neticisi devretti\u011fi yetkilerin Tebli\u011fe ve s\u00f6zle\u015fmeye uygun olarak yerine getirilip getirilmedi\u011fi hususunda gerekli kontrolleri sa\u011flamakla, devralan\u0131n y\u00fcr\u00fctt\u00fc\u011f\u00fc i\u015flemlere ili\u015fkin bilgi ve belgelerin bir \u00f6rne\u011fini temin etmek ve saklamakla y\u00fck\u00fcml\u00fcd\u00fcr.<\/p>\n

(6) Be\u015finci f\u0131kra \u00e7er\u00e7evesinde y\u00fck\u00fcml\u00fcl\u00fckleri devralacak ki\u015filer ile teminat y\u00f6neticisi aras\u0131nda ayr\u0131 bir s\u00f6zle\u015fme yap\u0131l\u0131r. Yap\u0131lacak s\u00f6zle\u015fme hakk\u0131nda 17\/12\/2013 tarihli ve 28854 say\u0131l\u0131 Resm\u00ee Gazete\u2019de yay\u0131mlanan\u00a0Yat\u0131r\u0131m Kurulu\u015flar\u0131n\u0131n Kurulu\u015f ve Faaliyet Esaslar\u0131 Hakk\u0131nda Tebli\u011f (III-39.1)<\/a><\/strong>\u2019in 52 nci maddesinin birinci f\u0131kras\u0131 k\u0131yasen uygulan\u0131r.<\/p>\n

(7) Yetki ve y\u00fck\u00fcml\u00fcl\u00fcklerin k\u0131smen veya tamamen devredilmesi veya teminata konu varl\u0131klar\u0131n zilyetli\u011finin ihra\u00e7\u00e7\u0131da ya da \u00fc\u00e7\u00fcnc\u00fc ki\u015fide b\u0131rak\u0131lmas\u0131 teminat y\u00f6neticisinin bu Tebli\u011fden ve di\u011fer mevzuattan kaynaklanan sorumluluklar\u0131n\u0131 ortadan kald\u0131rmaz. Teminat y\u00f6neticisinin sorumluluklar\u0131n\u0131 azaltan ya da ortadan kald\u0131ran s\u00f6zle\u015fmeler ge\u00e7ersizdir.<\/p>\n

Teminat y\u00f6netim s\u00f6zle\u015fmesinin sona ermesi<\/strong><\/p>\n

MADDE 12 \u2013<\/strong>\u00a0(1) Teminatl\u0131 olarak ihra\u00e7 edilen sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn ifa edilerek sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n itfas\u0131 veya teminat varl\u0131klar\u0131n paraya \u00e7evrilerek yat\u0131r\u0131mc\u0131lara yap\u0131lacak \u00f6deme i\u015flemlerinin tamamlanmas\u0131 ile teminat y\u00f6netim s\u00f6zle\u015fmesi sona erer.<\/p>\n

(2) Teminata konu varl\u0131klar\u0131n s\u00f6zle\u015fmeye uygun \u015fekilde saklanmad\u0131\u011f\u0131, muhafaza ve idare edilmedi\u011fi, korunmad\u0131\u011f\u0131 ve\/veya varl\u0131klar\u0131n teminat y\u00f6netim s\u00f6zle\u015fmesinde belirlenen \u015fekilde kullan\u0131lmad\u0131\u011f\u0131 ve\/veya i\u015fletilmedi\u011fi ya da teminat y\u00f6neticisinin teminata konu varl\u0131klar\u0131 amac\u0131 d\u0131\u015f\u0131nda kulland\u0131\u011f\u0131 hallerde, bu durumun ihra\u00e7\u00e7\u0131 taraf\u0131ndan \u00f6\u011frenildi\u011fi tarihten itibaren \u00fc\u00e7 i\u015f g\u00fcn\u00fc i\u00e7erisinde ihra\u00e7\u00e7\u0131 taraf\u0131ndan yap\u0131lacak bildirim \u00fczerine be\u015f i\u015f g\u00fcn\u00fc i\u00e7inde teminat y\u00f6neticisi taraf\u0131ndan s\u00f6zle\u015fmeye uygunlu\u011fun sa\u011flanmamas\u0131 halinde, bu s\u00fcrenin sonundan itibaren \u00fc\u00e7 i\u015f g\u00fcn\u00fc i\u00e7inde teminat y\u00f6netim s\u00f6zle\u015fmesi ihra\u00e7\u00e7\u0131 taraf\u0131ndan feshedilir. Bu f\u0131kra kapsam\u0131nda teminat y\u00f6netim s\u00f6zle\u015fmesinin feshi durumunda Kurul, teminat y\u00f6neticisinden, teminata konu varl\u0131klar\u0131n de\u011ferlemesinin yapt\u0131r\u0131lmas\u0131n\u0131 talep edebilir.<\/p>\n

(3) Teminat y\u00f6neticisinin teminata konu varl\u0131klar\u0131 amac\u0131 d\u0131\u015f\u0131nda kulland\u0131\u011f\u0131n\u0131n Kurulca tespit edilmesi halinde, Kurul teminat y\u00f6netim s\u00f6zle\u015fmesinin sona erdirilmesini isteyebilir.<\/p>\n

(4) Teminat y\u00f6neticisinin faaliyet izninin iptali, faaliyetlerinin s\u00fcrekli veya ge\u00e7ici olarak durdurulmas\u0131, genel saklama yetkisinin iptal edilmesi hallerinde s\u00f6z konusu halin ger\u00e7ekle\u015fti\u011fi tarih itibar\u0131yla teminat y\u00f6netim s\u00f6zle\u015fmesi sona erer.<\/p>\n

(5) 13 \u00fcnc\u00fc maddede d\u00fczenlenen teminat y\u00f6neticisinin ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131n\u0131 zedeleyen veya Kurulca ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131 zedeleyen haller aras\u0131nda de\u011ferlendirilen durumlar\u0131n meydana gelmesinden itibaren otuz g\u00fcn i\u00e7erisinde ayk\u0131r\u0131l\u0131\u011f\u0131n giderilmemesi halinde teminat y\u00f6netim s\u00f6zle\u015fmesi sona erer.<\/p>\n

(6) \u0130kinci, \u00fc\u00e7\u00fcnc\u00fc, d\u00f6rd\u00fcnc\u00fc ve be\u015finci f\u0131kralardaki hallerde teminat y\u00f6netim s\u00f6zle\u015fmesinin sona ermesinden itibaren be\u015f i\u015f g\u00fcn\u00fc i\u00e7erisinde ihra\u00e7\u00e7\u0131 taraf\u0131ndan yeni bir teminat y\u00f6neticisi ile bir teminat y\u00f6netim s\u00f6zle\u015fmesi yap\u0131larak Kurulun onay\u0131na sunulur. \u0130hra\u00e7\u00e7\u0131n\u0131n yeni bir teminat y\u00f6neticisi ile s\u00f6zle\u015fme imzalamas\u0131 ile birlikte teminata konu varl\u0131klar \u00fczerinde eski teminat y\u00f6neticisi lehine tesis edilen m\u00fclkiyet dahil b\u00fct\u00fcn hak, imtiyaz ve yetkiler ilgililerce yeni teminat y\u00f6neticisine devredilir. \u0130hra\u00e7\u00e7\u0131 yeni bir teminat y\u00f6neticisi ile s\u00f6zle\u015fme imzalay\u0131p, teminata konu varl\u0131klar yeni teminat y\u00f6neticisine devredilinceye kadar teminata konu varl\u0131klara ili\u015fkin mevcut teminat y\u00f6neticisinin g\u00f6rev, hak ve sorumluluklar\u0131 devam eder. Bu maddede say\u0131lanlar d\u0131\u015f\u0131ndaki herhangi bir sebeple teminat y\u00f6netim s\u00f6zle\u015fmesinin sona ermesi halinde de bu f\u0131kra h\u00fck\u00fcmleri uygulan\u0131r.<\/p>\n

D\u00d6RD\u00dcNC\u00dc B\u00d6L\u00dcM<\/strong><\/p>\n

Teminat Y\u00f6neticisi<\/strong><\/p>\n

Teminat y\u00f6neticisinin ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131<\/strong><\/p>\n

MADDE 13 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi ile ihra\u00e7\u00e7\u0131 ili\u015fkili taraf olamaz.<\/p>\n

(2) Teminat y\u00f6netim s\u00f6zle\u015fmesinin akdedilmesinden sona ermesine kadar ge\u00e7en s\u00fcrede teminat y\u00f6neticisi ve\/veya teminat y\u00f6neticisinin y\u00f6netim kontrol\u00fcne sahip pay sahibi ile ihra\u00e7\u00e7\u0131 ve\/veya ihra\u00e7\u00e7\u0131n\u0131n y\u00f6netim kontrol\u00fcne sahip pay sahibi aras\u0131nda, s\u00f6zle\u015fme kapsam\u0131ndaki sermaye piyasas\u0131 arac\u0131n\u0131n tedav\u00fclde bulunan nominal de\u011ferinin y\u00fczde otuzu veya fazlas\u0131na denk tutarda;<\/p>\n

a) Halka arza arac\u0131l\u0131k hizmeti sa\u011flanamaz.<\/p>\n

b) Herhangi bir surette bor\u00e7 ili\u015fkisi kurulamaz.<\/p>\n

c) Teminat y\u00f6neticisi veya teminat y\u00f6neticisinin y\u00f6netim kontrol\u00fcne sahip pay sahibi veya y\u00f6netim kurulu \u00fcyeleri ile genel m\u00fcd\u00fcr\u00fc taraf\u0131ndan ihra\u00e7\u00e7\u0131 lehine veya ihra\u00e7\u00e7\u0131 taraf\u0131ndan bu ki\u015filer lehine rehin, ipotek, kefalet, taahh\u00fct, garanti ve benzeri teminat verilemez.<\/p>\n

(3) Teminat y\u00f6neticisi veya teminat y\u00f6neticisinin y\u00f6netim kontrol\u00fcne sahip pay sahibi veya y\u00f6netim kurulu \u00fcyeleri ile genel m\u00fcd\u00fcr\u00fc, ikinci f\u0131krada say\u0131lan i\u015f ve i\u015flemleri ger\u00e7ekle\u015ftiren \u00fc\u00e7\u00fcnc\u00fc ki\u015filerin y\u00fczde yirmi ve \u00fczeri oran\u0131nda oy hakk\u0131 sa\u011flayan orta\u011f\u0131 olamaz veya imza yetkilisi olarak g\u00f6rev alamaz.<\/p>\n

(4) Teminat y\u00f6neticisi, teminat y\u00f6netim s\u00f6zle\u015fmesi kapsam\u0131nda \u00fcstlendi\u011fi g\u00f6revlerin yerine getirilmesi esnas\u0131nda teminata konu varl\u0131klara veya ihra\u00e7\u00e7\u0131ya ili\u015fkin elde etti\u011fi bilgilerin gizlili\u011fini sa\u011flamakla y\u00fck\u00fcml\u00fcd\u00fcr. S\u00f6z konusu bilgiler yat\u0131r\u0131m kurulu\u015flar\u0131n\u0131n m\u00fc\u015fterilerine sundu\u011fu yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131, portf\u00f6y y\u00f6neticili\u011fi veya genel yat\u0131r\u0131m tavsiyesi gibi hizmetler de dahil olmak \u00fczere menfaat elde etmek amac\u0131yla kullan\u0131lamaz.<\/p>\n

Teminat y\u00f6neticisinde ve personelinde aranacak nitelikler<\/strong><\/p>\n

MADDE 14 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi, teminat y\u00f6netim s\u00f6zle\u015fmesi kapsam\u0131nda \u00fcstlendi\u011fi g\u00f6rev ve sorumluluklar\u0131 yerine getirebilmesini teminen;<\/p>\n

a) Sermaye Piyasas\u0131 Faaliyetleri D\u00fczey 3 Lisans\u0131 belgesine sahip ve finansal piyasalarda en az be\u015f y\u0131ll\u0131k deneyimi olan bir birim y\u00f6neticisi ile ona ba\u011fl\u0131 olarak \u00e7al\u0131\u015facak yeterli say\u0131da personel bulundurur.<\/p>\n

b) Teminat y\u00f6neticili\u011fi hizmetinden dolay\u0131 edinilen bilgilerin, ihra\u00e7\u00e7\u0131 ve yat\u0131r\u0131mc\u0131lar\u0131n \u00e7\u0131karlar\u0131na ayk\u0131r\u0131 olarak kurum d\u0131\u015f\u0131nda ve kurum i\u00e7inde farkl\u0131 birimler aras\u0131nda payla\u015f\u0131lmas\u0131n\u0131 engelleyecek gerekli kurumsal yap\u0131y\u0131 kurar, bu amaca y\u00f6nelik tedbirleri de i\u00e7eren teminat y\u00f6neticili\u011fi sorumluluklar\u0131na ili\u015fkin i\u015f ak\u0131\u015f prosed\u00fcrlerini olu\u015fturur ve gerekli i\u00e7 kontrol mekanizmalar\u0131n\u0131 kurar.<\/p>\n

(2) Bu madde kapsam\u0131nda istihdam edilecek personelin;<\/p>\n

a) Y\u00fcksek\u00f6\u011frenim g\u00f6rm\u00fc\u015f olmas\u0131,<\/p>\n

b) Kendisi veya s\u0131n\u0131rs\u0131z sorumlu ortak olduklar\u0131 kurulu\u015flar hakk\u0131nda iflas karar\u0131 verilmemi\u015f ve konkordato ilan edilmemi\u015f olmas\u0131,<\/p>\n

c) Faaliyet izinlerinden biri Kurulca iptal edilmi\u015f kurulu\u015flarda, bu m\u00fceyyideyi gerektiren olayda sorumlulu\u011fu bulunan ki\u015filerden olmamas\u0131,<\/p>\n

\u00e7) Kanunda yaz\u0131l\u0131 su\u00e7lardan kesinle\u015fmi\u015f mahk\u00fbmiyetinin bulunmamas\u0131,<\/p>\n

d) 14\/1\/1982 tarihli ve 35 say\u0131l\u0131 \u00d6deme G\u00fc\u00e7l\u00fc\u011f\u00fc \u0130\u00e7inde Bulunan Bankerlerin \u0130\u015flemleri Hakk\u0131nda Kanun H\u00fckm\u00fcnde Kararnameye g\u00f6re orta\u011f\u0131 oldu\u011fu kurulu\u015flar hakk\u0131nda tasfiye karar\u0131 verilmemi\u015f olmas\u0131,<\/p>\n

e) 26\/9\/2004 tarihli ve\u00a05237 say\u0131l\u0131 T\u00fcrk Ceza Kanununun<\/a><\/strong>\u00a053 \u00fcnc\u00fc maddesinde belirtilen s\u00fcreler ge\u00e7mi\u015f olsa bile; kasten i\u015flenen bir su\u00e7tan dolay\u0131 be\u015f y\u0131l veya daha fazla s\u00fcreyle hapis cezas\u0131na ya da Devletin g\u00fcvenli\u011fine kar\u015f\u0131 su\u00e7lar, anayasal d\u00fczene ve bu d\u00fczenin i\u015fleyi\u015fine kar\u015f\u0131 su\u00e7lar, zimmet, irtikap, r\u00fc\u015fvet, h\u0131rs\u0131zl\u0131k, doland\u0131r\u0131c\u0131l\u0131k, sahtecilik, g\u00fcveni k\u00f6t\u00fcye kullanma, hileli iflas, ihaleye fesat kar\u0131\u015ft\u0131rma, edimin ifas\u0131na fesat kar\u0131\u015ft\u0131rma, bili\u015fim sistemini engelleme veya bozma, verileri yok etme veya de\u011fi\u015ftirme, banka veya kredi kartlar\u0131n\u0131n k\u00f6t\u00fcye kullan\u0131lmas\u0131, su\u00e7tan kaynaklanan malvarl\u0131\u011f\u0131 de\u011ferlerini aklama, ka\u00e7ak\u00e7\u0131l\u0131k, vergi ka\u00e7ak\u00e7\u0131l\u0131\u011f\u0131 veya haks\u0131z mal edinme su\u00e7lar\u0131ndan mahk\u00fbm olmu\u015f olmamas\u0131,<\/p>\n

f) 5411 say\u0131l\u0131 Kanun kapsam\u0131ndaki su\u00e7lardan, m\u00fclga 25\/4\/1985 tarihli ve 3182 say\u0131l\u0131 Bankalar Kanunu ile m\u00fclga 18\/6\/1999 tarihli ve 4389 say\u0131l\u0131 Bankalar Kanununun hapis cezas\u0131 gerektiren h\u00fck\u00fcmlerine g\u00f6re, sonradan affa u\u011fram\u0131\u015f olsa dahi, mahk\u00fbm olmamas\u0131,<\/p>\n

g) 7\/2\/2013 tarihli ve\u00a06415 say\u0131l\u0131 Ter\u00f6rizmin Finansman\u0131n\u0131n \u00d6nlenmesi Hakk\u0131nda Kanunda<\/a><\/strong>\u00a0d\u00fczenlenen su\u00e7lardan mahk\u00fbm olmamas\u0131,<\/p>\n

gereklidir.<\/p>\n

BE\u015e\u0130NC\u0130 B\u00d6L\u00dcM<\/strong><\/p>\n

Kamunun Ayd\u0131nlat\u0131lmas\u0131, Kay\u0131tlar\u0131n Tutulmas\u0131 ve Saklanmas\u0131<\/strong><\/p>\n

Teminat raporunun haz\u0131rlanmas\u0131<\/strong><\/p>\n

MADDE 15 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi;<\/p>\n

a) \u0130lgili sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n ihrac\u0131n\u0131 takip eden alt\u0131 ayl\u0131k d\u00f6nemler itibar\u0131yla,<\/p>\n

b) Temerr\u00fct veya temerr\u00fctle ayn\u0131 sonucu do\u011furan di\u011fer hallerin ortaya \u00e7\u0131kmas\u0131 durumunda,<\/p>\n

c) Teminata konu varl\u0131\u011f\u0131n paraya \u00e7evrilmesi i\u015flemi sonu\u00e7land\u0131\u011f\u0131nda,<\/p>\n

\u00e7) Kurul taraf\u0131ndan istenecek di\u011fer hallerde,<\/p>\n

Ek-1\u2019de yer alan \u00f6rne\u011fe uygun teminat raporunu on i\u015f g\u00fcn\u00fc i\u00e7inde haz\u0131rlar.<\/p>\n

(2) \u0130lgili sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n ihrac\u0131n\u0131 takip eden her alt\u0131 ayl\u0131k d\u00f6neme ili\u015fkin haz\u0131rlanan teminat raporunda teminat varl\u0131klar\u0131n niteliklerini koruyup korumad\u0131klar\u0131na, teminata konu varl\u0131klar\u0131n muhafazas\u0131 ve idaresine ili\u015fkin bilgiler, varsa nakden katlan\u0131lan giderler ile tahsil edilen gelirler g\u00f6sterilir.<\/p>\n

(3) Teminata konu varl\u0131\u011f\u0131n paraya \u00e7evrilmesi i\u015flemi sonu\u00e7land\u0131\u011f\u0131nda haz\u0131rlanan teminat raporunda s\u00f6z konusu varl\u0131klar\u0131n paraya \u00e7evrilmesine y\u00f6nelik i\u015flemlere ili\u015fkin s\u00fcre\u00e7, yap\u0131lan tahsilata ili\u015fkin bilgi, ihra\u00e7\u00e7\u0131n\u0131n sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan do\u011fan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn ne kadar\u0131n\u0131 kar\u015f\u0131lad\u0131\u011f\u0131 ve varsa sat\u0131\u015f i\u015fleminde al\u0131c\u0131n\u0131n nas\u0131l belirlendi\u011fi ile varsa de\u011ferleme raporuna ili\u015fkin bilgiler sunulur.<\/p>\n

(4) Teminat raporunun haz\u0131rlanmas\u0131ndan, sunulmas\u0131ndan ve ger\u00e7e\u011fe uygunlu\u011fu ile do\u011frulu\u011fundan teminat y\u00f6neticisi sorumludur.<\/p>\n

(5) Kurulca kabul edilecek makul gerek\u00e7elerin varl\u0131\u011f\u0131 halinde teminat raporunun haz\u0131rlanmas\u0131na ili\u015fkin olarak ek s\u00fcre verilebilir.<\/p>\n

Teminat raporunun kamuya a\u00e7\u0131klanmas\u0131<\/strong><\/p>\n

MADDE 16 \u2013<\/strong>\u00a0(1) 15 inci madde \u00e7er\u00e7evesinde haz\u0131rlanan teminat raporu, imzaland\u0131\u011f\u0131 tarihi takip eden i\u015f g\u00fcn\u00fc kamuya a\u00e7\u0131klan\u0131r.<\/p>\n

(2) Teminat raporunun kamuya a\u00e7\u0131klanmas\u0131 teminat y\u00f6neticisi taraf\u0131ndan KAP\u2019ta yap\u0131l\u0131r. \u0130hra\u00e7 edilecek sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n tahsisli olarak veya borsada i\u015flem g\u00f6rmeyecek \u015fekilde nitelikli yat\u0131r\u0131mc\u0131lara sat\u0131lmas\u0131 durumunda, bu madde kapsam\u0131nda yap\u0131lmas\u0131 gereken ilanlar MKK arac\u0131l\u0131\u011f\u0131yla ilgili yat\u0131r\u0131mc\u0131lara elektronik ortamda iletilir ve ayr\u0131ca ihra\u00e7\u00e7\u0131n\u0131n internet sitesinde yay\u0131mlanarak yat\u0131r\u0131mc\u0131lar\u0131n eri\u015fimine a\u00e7\u0131k tutulur. MKK arac\u0131l\u0131\u011f\u0131yla yap\u0131lacak duyurular\u0131n g\u00f6nderim \u015fekli ve usul\u00fcne ili\u015fkin esaslar MKK taraf\u0131ndan belirlenir.<\/p>\n

\u00d6zel durum a\u00e7\u0131klamalar\u0131<\/strong><\/p>\n

MADDE 17 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi, a\u015fa\u011f\u0131daki durumlarda ihra\u00e7\u00e7\u0131n\u0131n tabi oldu\u011fu kamuyu ayd\u0131nlatmaya ili\u015fkin Kurul d\u00fczenlemelerinde belirtilen usulde \u00f6zel durum a\u00e7\u0131klamas\u0131 yapar:<\/p>\n

a) Teminat y\u00f6netim s\u00f6zle\u015fmesinde de\u011fi\u015fiklik yap\u0131lmas\u0131.<\/p>\n

b) 12 nci maddeye g\u00f6re ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131 zedeleyen hallerin ortaya \u00e7\u0131kmas\u0131 ve bu durumlar\u0131n nas\u0131l giderilece\u011fi.<\/p>\n

c) Teminata konu varl\u0131klar\u0131n, 5 inci maddenin birinci f\u0131kras\u0131n\u0131n (h), (\u0131) ve (i) bentleri d\u0131\u015f\u0131nda kalan varl\u0131klardan olu\u015fmas\u0131 halinde, teminata konu varl\u0131klar\u0131n teminat y\u00f6neticisine devir veya \u00fczerlerinde teminat y\u00f6neticisi lehine s\u0131n\u0131rl\u0131 ayni hak tesis edilme tarihindeki de\u011ferinde y\u00fczde yirmi be\u015fi a\u015fan oranda azalma olmas\u0131 ve y\u00fczde yirmi be\u015fi a\u015fan orandaki azalmadan sonra her ilave y\u00fczde yirmilik azalmada.<\/p>\n

\u00e7) \u0130lgili sermaye piyasas\u0131 ara\u00e7lar\u0131na ili\u015fkin \u00f6demeler haricinde, teminat y\u00f6netim s\u00f6zle\u015fmesi ile ihra\u00e7\u00e7\u0131n\u0131n \u00fcstlendi\u011fi y\u00fck\u00fcml\u00fcl\u00fcklerin yerine getirilmemesi.<\/p>\n

d) \u0130lgili sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan kaynaklanan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn teminattan kar\u015f\u0131lanmas\u0131 s\u00f6z konusu oldu\u011funda ve bu s\u00fcre\u00e7te;<\/p>\n

1) De\u011ferlemeye tabi teminata konu varl\u0131klar\u0131n bulunmas\u0131 halinde de\u011ferlemeyi yapacak kurulu\u015flarla anla\u015fmaya var\u0131lmas\u0131 ve haz\u0131rlanan de\u011ferleme raporlar\u0131n\u0131n sonu\u00e7lar\u0131.<\/p>\n

2) Teminata konu varl\u0131klar\u0131n paraya \u00e7evrilmesi i\u015flemlerinin sonu\u00e7lanmas\u0131 ve elde edilen sat\u0131\u015f bedelinin yat\u0131r\u0131mc\u0131lar aras\u0131nda payla\u015ft\u0131r\u0131lmas\u0131.<\/p>\n

3) Teminata konu varl\u0131klar\u0131n paraya \u00e7evrilmesi i\u015flemlerinde kar\u015f\u0131 taraf\u0131n ihra\u00e7\u00e7\u0131n\u0131n veya teminat y\u00f6neticisinin ili\u015fkili taraf\u0131 olup olmad\u0131\u011f\u0131.<\/p>\n

4) \u0130lgili sermaye piyasas\u0131 arac\u0131 ihrac\u0131ndan kaynaklanan \u00f6deme y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fcn ihra\u00e7\u00e7\u0131 taraf\u0131ndan yerine getirilmesi ile birlikte teminata konu varl\u0131klar\u0131n teminat verene iade edilmesi veya \u00fczerinde tesis edilmi\u015f olan s\u0131n\u0131rl\u0131 ayni hakk\u0131n kald\u0131r\u0131lmas\u0131.<\/p>\n

e) \u0130hra\u00e7\u00e7\u0131n\u0131n temerr\u00fcd\u00fc veya temerr\u00fctle ayn\u0131 sonucu do\u011furan di\u011fer hallerin meydana gelmesi.<\/p>\n

f) Kurulun gerekli g\u00f6rece\u011fi di\u011fer durumlar.<\/p>\n

(2) \u0130hra\u00e7\u00e7\u0131; teminat y\u00f6netim s\u00f6zle\u015fmesi ile teminat y\u00f6neticisinin \u00fcstlendi\u011fi y\u00fck\u00fcml\u00fcl\u00fcklerin yerine getirilmemesi halinde, Kurulun kamuyu ayd\u0131nlatmaya ili\u015fkin d\u00fczenlemelerinde belirtilen usulde \u00f6zel durum a\u00e7\u0131klamas\u0131 yapmakla y\u00fck\u00fcml\u00fcd\u00fcr.<\/p>\n

Teminata konu varl\u0131klara ili\u015fkin kay\u0131tlar<\/strong><\/p>\n

MADDE 18 \u2013<\/strong>\u00a0(1) Teminat y\u00f6neticisi taraf\u0131ndan teminata konu varl\u0131klara ili\u015fkin teminat defteri tutulur. Her ihraca ili\u015fkin teminata konu varl\u0131klar i\u00e7in ayr\u0131 bir teminat defteri tutulur. Teminat defteri elektronik ortamda tutulabilir. Bu durumda teminat y\u00f6neticisi, bilgilerin de\u011fi\u015ftirilmemesi ve belirtilen s\u00fcre kadar saklanmas\u0131 konusunda gerekli \u00f6nlemi almak zorundad\u0131r.<\/p>\n

(2) Teminat defterinde tutulacak kay\u0131tlarda asgari olarak;<\/p>\n

a) Bankalar ve finansman \u015firketlerince verilen krediler ile Toplu Konut \u0130daresi Ba\u015fkanl\u0131\u011f\u0131n\u0131n gayrimenkul sat\u0131\u015f\u0131ndan kaynaklanan alacaklar\u0131na ili\u015fkin olarak; bor\u00e7lular\u0131n ad\u0131, para birimi, anapara de\u011feri, kredinin verili\u015f tarihi, vadesi, faiz\/getiri oran\u0131, faiz\/getiri hesaplama metodu, varsa azami faiz\/getiri oran\u0131 ve tutar\u0131 ile endeks bilgileri, \u00f6deme plan\u0131 ve sigorta bilgilerine,<\/p>\n

b) Finansal kiralama s\u00f6zle\u015fmelerinden do\u011fan alacaklara ili\u015fkin olarak; kirac\u0131n\u0131n ve kiralayan\u0131n ad\u0131, kira bedeli ve \u00f6deme plan\u0131 bilgilerine,<\/p>\n

c) Mal ve hizmet \u00fcretiminde bulunan anonim ortakl\u0131klar\u0131n ticari alacaklar\u0131 ile ilgili olarak; bor\u00e7lunun ad\u0131, para birimi, anapara de\u011feri, vadesi, varsa faiz\/getiri oran\u0131 ve \u00f6deme plan\u0131 bilgilerine,<\/p>\n

\u00e7) Varl\u0131\u011f\u0131n teminat\u0131na ili\u015fkin olarak; teminat\u0131n niteli\u011fi, rehin ve sicil bilgileri, de\u011ferlemede bulunan de\u011feri ve sigorta bilgilerine,<\/p>\n

d) Nakde ili\u015fkin olarak; nakdin tutar\u0131na, para birimine ve nakdin tutuldu\u011fu banka hesap bilgilerine,<\/p>\n

e) Menkul k\u0131ymetlere ve k\u0131ymetli evraka ili\u015fkin olarak, k\u0131ymetin t\u00fcr\u00fc ve i\u015flemin tipine g\u00f6re; varsa fon kodu, ISIN kodu, say\u0131s\u0131, ihra\u00e7 tarihi, ihra\u00e7 de\u011feri, ihra\u00e7\u00e7\u0131s\u0131, nominal de\u011feri, para birimi, vadesi, faiz\/getiri oran\u0131, faiz hesaplama metodu, \u00f6deme plan\u0131, saklay\u0131c\u0131daki hesap numaras\u0131na ili\u015fkin bilgilere ve k\u0131ymetli evrak\u0131n temsil etti\u011fi varl\u0131\u011f\u0131n niteli\u011fi ve miktar\u0131 veya k\u0131ymetli evrak\u0131n ay\u0131rdedilebilmesini sa\u011flayan di\u011fer niteliklerine,<\/p>\n

f) Ta\u015f\u0131nmazlara ili\u015fkin olarak ta\u015f\u0131nmaz\u0131n tapu bilgilerine,<\/p>\n

g) 6750 say\u0131l\u0131 Kanunun 5 inci maddesinin birinci f\u0131kras\u0131nda yer alanlar dahil ta\u015f\u0131n\u0131r mallara ili\u015fkin olarak; varl\u0131\u011f\u0131n t\u00fcr\u00fcne g\u00f6re ay\u0131rt edici nitelik olu\u015fturan ya\u015f, cins, marka, tamamlanma y\u00fczdesi ve benzeri bilgiler dahil olmak \u00fczere varl\u0131\u011fa ili\u015fkin \u00f6nemli bilgilere,<\/p>\n

\u011f) K\u0131ymetli madenlere ili\u015fkin olarak; bunlar\u0131n cinsi, safl\u0131\u011f\u0131 ve miktar\u0131na ili\u015fkin bilgilere,<\/p>\n

h) S\u0131n\u0131rl\u0131 ayni haklara ili\u015fkin olarak; hangi varl\u0131klar \u00fczerinde tesis edildi\u011fi ve niteli\u011fi ile ilgili bilgilere,<\/p>\n

\u0131) Kurulca gerekli g\u00f6r\u00fclecek di\u011fer hususlara,<\/p>\n

yer verilir.<\/p>\n

Teminat y\u00f6neticisinin belge saklama y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc<\/strong><\/p>\n

MADDE 19 \u2013\u00a0<\/strong>(1) Teminat y\u00f6neticisi, 18 inci maddede d\u00fczenlenen teminat defterini, teminattan kaynaklanan g\u00f6rev ve sorumluluklar\u0131n ifas\u0131na ili\u015fkin taraf olunan t\u00fcm s\u00f6zle\u015fmeleri, yap\u0131lan t\u00fcm yaz\u0131\u015fmalar\u0131 ve ilgili yetkili organ kararlar\u0131n\u0131 bunlar\u0131n d\u00fczenlenme tarihlerinden itibaren 13\/1\/2011 tarihli ve\u00a06102 say\u0131l\u0131 T\u00fcrk Ticaret Kanununun<\/a><\/strong>\u00a082 nci maddesi uyar\u0131nca on y\u0131l s\u00fcreyle saklamakla y\u00fck\u00fcml\u00fcd\u00fcr.<\/p>\n

(2) Teminat y\u00f6neticisi taraf\u0131ndan devral\u0131nan varl\u0131klara ili\u015fkin t\u00fcm bilgi ve belgelerin, varsa elektronik kopyalar\u0131 ile birlikte d\u00fczenlenme tarihlerinden itibaren be\u015f y\u0131ldan az olmamak \u00fczere ilgili sermaye piyasas\u0131 arac\u0131n\u0131n itfas\u0131na; temerr\u00fct veya temerr\u00fct ile ayn\u0131 sonu\u00e7lar\u0131 do\u011furan durumlar\u0131n ortaya \u00e7\u0131kmas\u0131 halinde ise yat\u0131r\u0131mc\u0131lara yap\u0131lan \u00f6deme s\u00fcreci tamamlanana kadar ge\u00e7ecek s\u00fcre boyunca saklanmas\u0131 zorunludur.<\/p>\n

ALTINCI B\u00d6L\u00dcM<\/strong><\/p>\n

Son H\u00fck\u00fcmler<\/strong><\/p>\n

Y\u00fcr\u00fcrl\u00fck<\/strong><\/p>\n

MADDE 20 \u2013<\/strong>\u00a0(1) Bu Tebli\u011f yay\u0131m\u0131 tarihinde y\u00fcr\u00fcrl\u00fc\u011fe girer.<\/p>\n

Y\u00fcr\u00fctme<\/strong><\/p>\n

MADDE 21 \u2013<\/strong>\u00a0(1) Bu Tebli\u011f h\u00fck\u00fcmlerini Sermaye Piyasas\u0131 Kurulu y\u00fcr\u00fct\u00fcr.<\/p>\n

Eki i\u00e7in t\u0131klay\u0131n\u0131z<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Sermaye Piyasas\u0131 Ara\u00e7lar\u0131n\u0131n Teminatl\u0131 \u0130hrac\u0131 (II-31\/B.1) 26 Ocak 2022 Tarihli Resmi Gazete Say\u0131: 31731 Sermaye Piyasas\u0131 Kurulundan: B\u0130R\u0130NC\u0130 B\u00d6L\u00dcM Ama…  <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-16726","post","type-post","status-publish","format-standard","hentry","category-mevzuat-haberleri"],"_links":{"self":[{"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/posts\/16726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/comments?post=16726"}],"version-history":[{"count":1,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/posts\/16726\/revisions"}],"predecessor-version":[{"id":16727,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/posts\/16726\/revisions\/16727"}],"wp:attachment":[{"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/media?parent=16726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/categories?post=16726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alohaber.net\/wp\/wp-json\/wp\/v2\/tags?post=16726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}