Central Registry Agency Inc. (MKK)

Central Registry Agency Inc. (MKK)

The Central Registry Agency (MKK) is the central securities depository and responsible for the central custody and dematerialization of capital market instruments, as well as electronically monitoring these instruments and the rights attached on them on an ownership basis. Currently, stocks traded on Borsa Istanbul, exchange traded funds, mutual funds, government debt securities, private sector debt securities, asset backed securities and sukuks are electronically monitored by the MKK.
The clearing and settlement of the transactions pertaining to aforementioned capital market instruments traded on Borsa Istanbul is performed through the integrated system established between Takasbank and the MKK. The settlement of these transactions taking place in Borsa Istanbul is completed provided that the securities are transferred between the accounts of investors at the MKK in accordance with the transaction results netted on customer basis and taken from Takasbank. Therefore, for smooth clearing and settlement of the transactions of capital market instruments traded on Borsa Istanbul, the Takasbank and MKK’s systems have to operate in a coordinated manner.

MKK was granted an operating license from CBRT as securities settlement system operator with the decision of CBRT No. 10162/1976, dated 12/6/2015 and this decision was published on Official Gazette No. 29391, dated 19/06/2015.

 


CENTRAL BANK OF THE REPUBLIC OF TURKEY Head Office Anafartalar Mah. İstiklal Cad. No:10 06050 Ulus Altındağ Ankara Phone : (+90 312) 507 50 00 | Fax : (+90 312) 507 56 40