Article 5 of Capital Markets Authority Law

The Authority shall undertake all acts necessary to achieve its objectives, in accordance with the provisions of this Law, and in particular the following: 1 - Instituting civil, commercial and administrative proceedings relating to the application of the provisions of this Law and the regulations, instructions and rules issued pursuant thereto, or those in which the Authority has an interest. Home Page 1344 Law Index Capital Markets Authority Law Law No. 7 of 2010 Concerning the Establishment of the Capital Markets Authority and the Regulation of Securities Activities 2 - Receiving complaints submitted concerning the violations and offences stipulated in this Law, conducting administrative investigations into them and referring them to the Disciplinary Board if it deems this appropriate. - Taking all measures that would lead to the detection of the offences stipulated in this Law, and referring criminal complaints to the Public Prosecution in every incident suspected of constituting an offence, whether committed against the Authority or those dealing in securities activities. 4 - Conducting inspection and supervision of dealings in securities and the activities of persons licensed under this Law. h Purchasing, holding and disposing of property of any description, and undertaking all forms of legal dispositions. 6 - Printing and publishing materials relating to securities activities. - The Authority may impose fees commensurate with the service and collect fines within the scope of the application of this Law. It may undertake all necessary matters enabling it to perform its functions and achieve its objectives set out in this Law. - The Authority shall establish rules regulating dealings in securities and the transfer of their ownership. The provisions stipulated in Articles 508, 992, 1053 of the Civil Code and Articles 231, 232, 233, 237 of the Commercial Law shall not apply to these dealings. The Authority shall also establish rules regulating execution against securities without being bound by the provisions stipulated in Book Three of the Law of Procedure and the Executive Regulations of the Companies Law. - Issuing rules regulating special-purpose companies that issue securities, without being bound by the provisions of the Companies Law. 10 The Authority may establish or participate in establishing an educational or training institution in the field of securities markets, possessing legal personality and subject solely to the control and supervision of the Authority. This institution shall be regulated by regulations and rules issued by the Authority.