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CDS records have been started to be created by notifications sent to the PDP

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Date: 21/01/2014

​A new development regarding the integration of MKK’s Central Dematerialised System (CDS) and Borsa Istanbul’s Public Disclosure Platform (PDP), a project which was started in 2012 to implement STP in corporate actions notifications from issuers to investors. All notifications concerning financial rights (dividend payments in cash and equities, rights issues, bonus issues, capital decrease, conversions) sent to the PDP by issuers will now be automatically reflected in the CDS records with the completion of the final phase of the project. Thus CDS notifications will be made directly to the PDP, which is the primary source of information for corporate actions events in Turkey. This development has completed the full automation of corporate actions notification processes from issuers to investors and enabled horizontal integration between the two capital markets platforms. (December 2013)

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