A New Era for DASK Funds! Regulations on Investment and Expenditure Rules From SEDDK (Economic Regulations and Supervision Agency).
4 Articles
4 Articles
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has made comprehensive changes to DASK's operating principles. The new regulation stipulates that at least one-third of DASK fund investments must be allocated to Treasury debt instruments and lease certificates, while the sole issuer must be a capital market...
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has amended the Regulation on the Operating Principles of the Natural Disaster Insurance Institution (DASK).
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has amended the Regulation on the Operating Principles of the Natural Disaster Insurance Institution (DASK).
According to the regulation published in the Official Gazette, at least one-third of DASK (Turkish Natural Disaster Insurance Pool) funds will be invested in Treasury bonds and lease certificates. Investments will be audited monthly, and the share that can be allocated to a single issuer cannot exceed 10 percent.
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