{"id":13005,"date":"2012-03-18T21:17:45","date_gmt":"2012-03-18T19:17:45","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=13005"},"modified":"2012-03-18T21:17:57","modified_gmt":"2012-03-18T19:17:57","slug":"taslakta-kucuk-ortaklar-korunmasiz","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/taslakta-kucuk-ortaklar-korunmasiz\/","title":{"rendered":"Taslakta K\u00fc\u00e7\u00fck Ortaklar Korunmas\u0131z"},"content":{"rendered":"<p>Sermaye Piyasas\u0131 Kanunu Tasar\u0131s\u0131 Tasla\u011f\u0131&#8217;na g\u00f6re kanunun amac\u0131, &#8220;&#8230;<em>yat\u0131r\u0131mc\u0131lar\u0131n hak ve menfaatlerinin korunmas\u0131 i\u00e7in sermaye piyasas\u0131n\u0131n d\u00fczenlenmesi ve denetlenmesidir&#8221;.<\/em>Kanunun amac\u0131 bu oldu\u011funa g\u00f6re yat\u0131r\u0131mc\u0131lar\u0131n korunup korunmad\u0131\u011f\u0131n\u0131n incelenmesi gerekiyor.<br \/>\nHalka a\u00e7\u0131k \u015firketlerin say\u0131 olarak olmasa da, t\u00fcm b\u00fcy\u00fckl\u00fckler bak\u0131m\u0131ndan neredeyse yar\u0131s\u0131n\u0131 bankalar olu\u015fturuyor. Mevcut kanunun 50&#8217;nci maddesine g\u00f6re\u00a0<em>&#8220;kendi menkul k\u0131ymetlerini halka arz eden bankalar (&#8230;) bununla s\u0131n\u0131rl\u0131 olarak bu kanun h\u00fck\u00fcmlerine tabi olurlar&#8221;.<\/em>\u00a0Mevcut kanunda bu h\u00fck\u00fcm bulunmas\u0131na kar\u015f\u0131n, ne yaz\u0131k ki bug\u00fcne kadar bankalar\u0131n halka a\u00e7\u0131k \u015firket stat\u00fcs\u00fcnde olarak SPK g\u00f6zetim ve denetimine al\u0131namad\u0131\u011f\u0131 s\u00fcrekli \u015fik\u00e2yet konusu olmu\u015ftur. Hatta bankalar\u0131n mali tablolar\u0131n\u0131n tam ve do\u011fruyu yans\u0131tt\u0131\u011f\u0131 dahi y\u0131llarca incelenememi\u015ftir. Bankac\u0131l\u0131k mevzuat\u0131 gerek\u00e7e g\u00f6sterilerek, haz\u0131rlanan mali tablolar SPK&#8217;dan uzak tutularak kamuoyuna a\u00e7\u0131klanm\u0131\u015f, yat\u0131r\u0131mc\u0131lar bu mali tablolara dayanarak yat\u0131r\u0131m yapm\u0131\u015flar ve sonunda servetlerini yitirmi\u015flerdir.\u00a0<strong>Bunun nedeni, bankalar\u0131 di\u011fer halka a\u00e7\u0131k \u015firket stat\u00fcs\u00fcnden farkl\u0131 tutup SPK denetim ve g\u00f6zetiminin uzakla\u015ft\u0131r\u0131lmas\u0131d\u0131r.<\/strong><br \/>\nMevcut kanun b\u00f6yleyken haz\u0131rlanan taslakta bu eksiklikleri giderecek hi\u00e7bir h\u00fck\u00fcm bulunmad\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. Hatta mevcut kanundaki h\u00fckme benzer bir h\u00fck\u00fcm dahi yok. Gerek yok, bankalar da halka a\u00e7\u0131k \u015firkettir, halka a\u00e7\u0131k \u015firketlerin tamam\u0131 i\u00e7in ge\u00e7erli olan h\u00fck\u00fcmler, bankalar i\u00e7in de ge\u00e7erli iddias\u0131n\u0131 ne yaz\u0131k ki kabul etmemiz s\u00f6z konusu olamaz. \u00c7ok iddial\u0131 olma pahas\u0131na, \u015funu s\u00f6yleyebiliriz: SPK&#8217;n\u0131n bankalar\u0131 denetlemesi taslakla birlikte tamamen imk\u00e2ns\u0131z hale gelecektir. B\u00f6ylece\u00a0<strong>sermaye piyasas\u0131n\u0131n yar\u0131s\u0131 kanun ve SPK g\u00f6zetim ve denetimi d\u0131\u015f\u0131nda kalm\u0131\u015f olacakt\u0131r.<\/strong>\u00a0Tasla\u011f\u0131 haz\u0131rlayan SPK&#8217;n\u0131n bunu \u00f6ng\u00f6rmemesi gerekirdi.<br \/>\nSermaye piyasas\u0131n\u0131n en b\u00fcy\u00fck sorununun g\u00fcven eksikli\u011fi oldu\u011fu ve bu sorunun 2001 y\u0131l\u0131nda devletin ger\u00e7ekle\u015ftirdi\u011fi el koymalardan kaynakland\u0131\u011f\u0131 kabul edilen bir ger\u00e7ektir. \u0130\u00e7i bo\u015falt\u0131lan bankalara devlet hakl\u0131 olarak el koydu\u011funda (haks\u0131z el koymalar\u0131n oldu\u011fu mahkeme kararlar\u0131 da mevcut)\u00a0<strong>hi\u00e7bir kusuru bulunmayan k\u00fc\u00e7\u00fck ortaklar\u0131n hisseleri de yok olmu\u015ftu.<\/strong>Hatta bu bankalar\u0131n i\u015ftiraklerindeki pay sahiplerinin de hisseleri yok olup gitmi\u015fti. Bankalar\u0131n t\u00fcm bor\u00e7lar\u0131 \u00f6denmi\u015f, mevduat sahipleri herhangi bir s\u0131n\u0131r olmaks\u0131z\u0131n paralar\u0131n\u0131 alm\u0131\u015f, kanuna ayk\u0131r\u0131 oldu\u011fu savunuldu\u011fu halde repo sahipleri paralar\u0131n\u0131 tahsil etmi\u015f ve son d\u00f6nemlerde off-shore hesap sahipleri bile alacaklar\u0131n\u0131 almaya ba\u015flam\u0131\u015flarken hisse sahipleri bir kuru\u015f bile alamam\u0131\u015flard\u0131.\u00a0<strong>Kanun tasla\u011f\u0131 ge\u00e7mi\u015ften gelen bu ma\u011fduriyetler i\u00e7in hi\u00e7bir \u00e7\u00f6z\u00fcm yolu \u00fcretmedi\u011finden b\u00fcy\u00fck bir eksiklik ta\u015f\u0131yor<\/strong>.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4210305421\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/ercan-kumcu\/1104657-taslakta-kucuk-ortaklar-korunmasiz\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sermaye Piyasas\u0131 Kanunu Tasar\u0131s\u0131 Tasla\u011f\u0131&#8217;na g\u00f6re kanunun amac\u0131, &#8220;&#8230;yat\u0131r\u0131mc\u0131lar\u0131n hak ve menfaatlerinin korunmas\u0131 i\u00e7in sermaye piyasas\u0131n\u0131n d\u00fczenlenmesi ve denetlenmesidir&#8221;.Kanunun amac\u0131 bu oldu\u011funa g\u00f6re yat\u0131r\u0131mc\u0131lar\u0131n korunup&hellip;<\/p>\n","protected":false},"author":675,"featured_media":9441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/13005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=13005"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/13005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/9441"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=13005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=13005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=13005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}