Capital Markets Board changes rules for repo and reverse repo transactions
New procedures and principles for transactions in the Borsa Repo and Reverse Repo Market have been published in the Official Gazette.
A new regulation prepared by the Capital Markets Board entered into force after being published in the Official Gazette, introducing new conditions for transactions in the repo market.
Decision Published in the Official Gazette
The regulation containing new provisions prepared by the Capital Markets Board was announced to the public via the Official Gazette and officially entered into force.
Transactions to be Cancelled
Transactions in the Borsa Repo and Reverse Repo Market that do not receive central clearing services will be considered invalid if the specified conditions are not met.
Blockage and Notification Process
Transactions will be cancelled if securities are not reported by the time specified by Takasbank and are not blocked in the relevant account.