Recent amendments in the communiqué re asset and mortgage backed securities
Amendments to legislation regarding asset and mortgage backed securities was recently issued by the Capital Markets Board.
Among other changes, asset management companies are now, subject to certain conditions, allowed to be the founder, originator or service provider in the issuance of asset backed securities.
Click here for more information on this topic from Senem Gölge Yalçın, Partner at Pekin Bayar Mizrahi, in alliance with Norton Rose Fulbright in Turkey.