Public Disclosure Platform (KAP) is an electronic system through which electronically signed notifications required by the capital markets regulations are publicly disclosed. Its operation is carried out by the Merkezi Kayıt Kuruluşu A.Ş. (MKK). The KAP system was developed by MKK business units and the R&D center in order to deliver complete, accurate, impartial and reliable information on companies, capital market instruments and the rights attached to them, in a timely manner, to the widest possible audience, simultaneously and quickly.
BIST Companies, Investment Firms, Portfolio Management, Companies Rating Companies, Independent Audit Companies, Pension Funds, Regulatory Authorities (SPK, Borsa İstanbul, İstanbul Takas ve Saklama Bankası A.Ş. and MKK) send notifications to the system.
KAP System provides,
- Members to send notifications securely with digital signature,
- Sharing of information with the public quickly, without intermediaries, 7/24
- Easy access to historical data via digital archive,
- Possibility to follow customizable companies/funds and receive instant notifications on announcements with the mobile application.
The advantages provided by the KAP system include the following;
- Sharing accurate and reliable information with the public from a single source,
- Multi-language support, analyzable, comparable and reliable data supply as a result of Extensible Business Reporting Language (XBRL) data infrastructure,
- Complete, accurate and reliable data as a result of the verification and business rules defined in the system,
- Easy access to historical data by means of KAP’s digital archive function,
- Instant sharing of data with data broadcasting organizations via KAP data distribution service,
- Time and labor savings brought about by publishing notifications electronically.
KAP data is simultaneously delivered via KAP Website (https://www.kap.org.tr/en/), KAP Mobile Application, KAP Data Publishing Service and SWIFT Message Infrastructure System. Additionally, system has integration with the Central Registry System, e-GKS, and GEFAS systems.
