On Jun. 7, TUR CSD changed transition date for some applications.
TUR CSD announced a change regarding the transition date for specific applications.
Follows TUR CSD Apr. 2024 reminder re Mutual Fund Transactions, see #206519.
Main Points
Applications concerned are Mutual Fund Purchase and Sale Notification; Mutual Fund Purchase and Sale Issuer Acceptance; Public Offering Transfer Order Transmission.
Public Offering Transfer Order Result Inquiry; Investor Blockage/Removal Inquiry.
TUR CSD's Online Integration REST API Technical Guide is made available online.
Effectiveness
Members using the applications must complete service developments by Nov. 4, 2024.
Oct. 15, 2024 Update on Transition
On Oct. 15, 2024, TUR CSD updated on the transition to online integration services.
Clarified that in order to ensure the use of online integration services prepared with the REST infrastructure for specific applications, the use of screens and CSV for the applications will not be possible after Nov. 4, 2024 and Dec. 31, 2024.
Since the transition work has not been completed by all members, the specified screen and CSV usage will continue until a later period in line with demands from members.
However, a tariff study is being carried out in a way that additional fees will be charged to the relevant members on the basis of the applications where screen and CSV usage continues despite the online integration transition schedule being determined.
