Through the Ministry of Treasury and Finance and SEDDK, New steps were taken towards the stock market and individual retirement.
held in Kahramanmaraş Two earthquakes of magnitude 7.7 and 7.6 made its impact felt in the surrounding provinces as well. On the eighth day of the earthquake, the efforts to eliminate the grievances continue at full speed. On the other hand, there have been new moves on the stock market, which is on the agenda. In addition, an update was made on the individual pension state contribution. Ministry of Treasury and Financefocusing on the stock market Insurance and Private Pension Regulation and Supervision Agencyconcentrated on the stock market side of individual pensions.
Ministry of Treasury and Finance Made Moves on Borsa Istanbul
Nureddin Nebati, Minister of Treasury and Finance, The central bank ( CBT), Capital Markets Board ( CMB) And Borsa Istanbulheld a meeting with officials.
According to the decision taken from the meeting, which was intense, reflected in the share buybacks in the stock market. of 15 percentwithholding value reset . by the Ministry of Treasury and Finance, Companies traded on Borsa Istanbulto attract interest in share repurchases. tax exemption was introduced.
Changes in Private Pension System, Stock Market Direction and State Contribution
Insurance and Private Pension Regulation and Supervision Agency ( SEDDK), Private Pension System ( FIVE ) made changes in the regulation on state contribution. regulation change, Published via Rezmi Newspaper.
According to this regulation change, the state contribution fund portfolio paid in cash at least 70 percent ofEvaluation in Turkish Lira debt instruments, income partnership notes or lease certificates requirement was reduced to 50 percent.
SEDDKThe regulation change made by the company covers the following;
In debt instruments issued by banks, provided that they are traded on the stock exchange, in lease certificates issued by asset leasing companies whose source institutions are banks, or in collateralized securities with a rating equivalent to investment grade by rating agencies authorized by the Capital Markets Board, and in asset or mortgage-backed securities, BIST 100, BIST Sustainability Index, BIST Corporate Governance Index and Borsa İstanbul A.Ş. The portion evaluated in the shares in the participation indices calculated by the company was increased from 10 percent to 30 percent. This coverage includes BIST 100, BIST Sustainability Index, BIST Corporate Governance Index and Borsa İstanbul A.Ş. The shares in the participation indices calculated by the company were also added.
With this regulation change, the investment rate limit that can be made from the government contribution fund portfolio to a single stock. increased to 5 percent.
Regulation provisions Head of SEDDKfinal arrangement to be carried out by comes into effect from today.
