Explanation : Concerning the Protection of the Value of Turkish Currency in free zones 32 all kinds of effective and Turkish Lira under the Decree No., precious metals and the principles and procedures for the conduct of certain logistics activities for precious stones
No : 2015/1
Release Date : 08/06/2015
Effective date : 08/06/2015
Not : 2017/4 Changes made are treated with Circular No., 2015/1 Circular No. applies to the following form.
GOAL, Content and Base, Definitions and Abbreviations
Goal, Scope and Legal Basis
Matter 1- (1) Implementing Regulation of Free Zones 11, 31, 33, 35 and prepared in accordance with article 36 The purpose of this circular, Concerning the Protection of the Value of Turkish Currency in free zones 32 all kinds of effective and Turkish Lira under the Decree No., to regulate the procedures and principles for the achievement of certain logistics activities for precious metals and precious stones.
Definitions and Abbreviations
Matter 2- (1) This Circular last;
a) Ministry: Ministry of Economy,
b) headquarters: Free Zones, Overseas Investment and Services Directorate-General,
c) Regional Directorate: Directorate of Free Zones,
d) Istanbul Stock Exchange: Stockbroking activities to perform, 6362 established under the Capital Market Law Article 138'inc Istanbul Stock Exchange Inc.,
e) London Bullion Market Association: international trade association representing the wholesale market for OTC gold and silver (London Bullion Market Association, LBMA),
f) London Platinum and Palladium Market: international markets, representing the wholesale market for OTC Platinum and Palladium (London Platinium ve Palladium Market, LPPM),
g) DGCX: The Dubai Gold and Commodities Exchange (Dubai Gold and Commodities Exchange),
h) SGE: The Shanghai Gold Exchange (Shangai Gold Exchange),
I) Precious metal: Concerning the Protection of the Value of Turkish Currency 32 The scope of Decision, Istanbul Stock Exchange, London Bullion Market Association or the London Platinum and Palladium Market produced by refineries located in the refinery list,
1. Raw Gold Standard: Qualifications Concerning the Protection of the Value of Turkish Currency 32 No. bars in the decision or in the form of gold ingots,
2. Raw Silver Standard: Qualifications Concerning the Protection of the Value of Turkish Currency 32 No. bar determined in decision, silver in the form of ingots or granules,
3. Raw Platinum Standard: Qualifications Concerning the Protection of the Value of Turkish Currency 32 No. platinum in the form of bars or ingots determined in decision,
4. Standard raw Palladium: Qualifications Concerning the Protection of the Value of Turkish Currency 32 palladium in the form of bars or ingots of Decision set out in my,
i) Valuable stone: Concerning the Protection of the Value of Turkish Currency 32 Located within the scope of Decree No. diamonds, diamond, yakut, emerald, topaz, safir, chrysolite and of pearls,
1. 10/10/2006 dated 2006/11115 Cabinet Decision No. Crude Diamond promulgated by the Regulation of Foreign Trade and pursuant to the Decision on Supervision of rough diamonds, including the Kimberley Process Certification System,
2. polished diamonds of all types and shapes (polished diamonds),
3. 32 raw natural stones from precious stones defined in Decree No., polished natural stones, polished and natural stones have been subjected to physical or chemical treatment, crude synthetic stones, polished synthetic stones,
j) Effective: all their money in foreign countries in the form of banknotes,
k) valuables: precious metals contained in this circular, valuable stone, The effective and Turkish Lira,
l) Valuables Logistics Permits: Customers or clients of the exit point of delivery as well as valuables taken from crated in the transport and handling responsibilities as, packaging, handling, labeling, display, bar coding and other qualified value-added outsource create simple business-like and subjecting one or more of the process and at any time and plan to be delivered to the destination desired format, implement and control the logistics to include the planning and delivery of services for the construction license issued by the Ministry of,
m) Valuables Safe Exchange Service License: London Bullion Market Association, London Platinum and Palladium Market or the World Diamond Bourses Union member with the stock market, related exchange licensed / authorized deposit taking license for that license from Istanbul Stock Exchange or contract or be made, provided, permit issued by the Ministry for the provision of the relevant stock exchange and cash services,
n) Customer contracting: Valuables which is responsible for the financial or other valuables in the logistics of License, by the General Directorate in order to provide services to these goods in the free zone are allowed to conclude contracts with domestic or foreign legal entities,
O) S.B.İ.F.: Free Zone Operation Form,
VALUABLE LOGISTICS LICENSE
Valuables Logistics Permit Application
Matter 3- (1) In this context, it shall apply for registration;
a) Contracting of clients or customers contracting the transportation of valuable goods bought and delivered to the exit point as well as the responsibility and the crated classification, packaging, and the like, and subjected to logistic services at any time and plan to be delivered to the destination desired format, and it is configured to apply comprises controlling, logistics planning and delivery of services are required to have a business plan for making.
b) With respect to the arrangement of license 10/06/2004 dated 5188 No. Private Security Services of the Ministry of Interior under the Law Pertaining to receive services from private security firms that provide these conditions the presence or activities of private security companies and also convenient to transportation planning permission, It is necessary to provide the agency with the necessary conditions to be able to cut the bill of lading.
(2) only under this license, When in the contractual relationship may be deemed appropriate by the Directorate General contracting services to customers.
(3) security camera placement activities to be carried out in the region, security personnel employment, additional transport of Regional input-output and safety measures to be taken on similar issues license holder is the user's responsibility, Operating License Application that the business plan submitted to the issues referred to during the General Directorate.
(4) In this context, the license application made in, license fee 30.000 The US Dollar, Istanbul Stock Exchange other than those authorized to act on a per contract customers 5.000 Including a surcharge of USD.
(5) 500.000 In a letter of guarantee amounting to US Dollars and will be undertaking contained in Annex 1.
Arranging License, Customer List and Making Contracting Contract Obligation
Matter 4- (1) Valuables Logistics as deemed appropriate by the General Directorate on the application for the operating license is issued. This license shall be only in the context of the contractual relationship / when considered as appropriate by the General Directorate will be served and the client list attached to the license contracts.
(2) Valuables Logistics within the scope of the license holder's License, The precious objects belonging to the customer or client responsibilities, to the point that there is the exit point of efficient and cost-stream storing and; planning, implementation and control of the way customers are required to contract with third parties to undertake the. These agreements concerning goods of incurring losses and damages as a direct or indirect responsibility, making the logistics service delivery (as well as the handling of customers crated goods, packaging, handling, labeling, barcoding, merchandising and similar business and operations of subjecting one or more of the desired time and in the desired format is planned to be delivered to its destination, implement and to check coverage) and in accordance with customer's instructions should include elements of movement is being, the license holder's contract they conclude, While doing business and operations related to free zones and conclude on behalf of the customer it must be authorized in.
(3) Attached to a license contract customers;
a) Services to be provided to the direction of precious metals; The London Bullion Market Association for gold and silver, For platinum and palladium on the London Platinum and Palladium membership of the requirement to provide foreign legal entities or Stock Market Precious Metals Market in Istanbul or Istanbul Stock Exchange Precious Metals Lending Market in Dubai GCX or SSRIs or authorized members to take action
b) Alankıymetl aspect of this circular, where the stone raw and processed diamonds; World Diamond Bourse exchange with foreigners who are members of the Union exchanges or their members in Istanbul Diamond and Precious Stones have the authority to trade on the market,
c) This circular alanha in place or direction other than the precious stones cut diamond, Diamond and Precious Stones Exchange Istanbul is authorized to act on the Market,
d) As for the form of banknotes and the effectives Turkish Lira, Be local or foreign banks,
(4) Customer contracts that the conditions attached to the above contracts by the Directorate General Permit to be included in the list of clients, Provided that the conditions listed above Istanbul Stock Exchange's positive opinion is sought A.Ş..
Addition of New Customers
Matter 5- (1) requests to add new customers, Private account 5.000 US Dollar through the Regional Directorate of that on receipt of the relevant application form and be forwarded to the Directorate General In case taken into consideration by the General Directorate. these fees, customer contracts will not be subject to extradition under any circumstances, including not considered appropriate, It is recorded as income to the special account.
Valuables Input - Output Main and Special Account Fee
Matter 6- (1) (Different, 2017/4 Circular No.) In this context goods to the region, The bill originally cut by the owner or 7 days in the original bill submitted by completing the instance and Valuables Logistics Permits user to cut the bill of lading holder enters and exits.
(2) by the licensee at the entrance to the area of valuables, The precious goods entering a region that according to Article 4 of the third paragraph of the Terms and precious metals at Borsa Istanbul's requirement undertaking the areas mentioned in Annex-2 is produced by Refineries in the refinery list is declared in accordance with and commitment.
(3) Workforce and the Turkish Lira, Instead bill is submitted to the customs office / bank letter will be S.B.İ.F. na added.
(4) In this context, the region will be in rough diamonds, proving that every installation of the Kimberley Process Certification Scheme made in accordance with the requirements of, Kimberley Process of documents that meet the minimum standards set, and a certain shape to the diamond's origin, certified document showing the exporters and importers are also added with features s.b.i.f.'n.
(5) Valuables Logistics Free Zone Concession is located in the Transaction Form winner's name and the property of the original owner.
(6) License holders of users on matters other than those directly related to logistics operations in the free zone can not edit the presentation they gave free zone bill. Said users, they cut out the cost of billing services to customers in thousands of owners if resident abroad 1 (one) ratio, In the case of thousands of owners in Turkey 9 (nine) the rate of receipt of payment of fees in special accounts that S.B.İ.F. It shall submit to the Regional Offices in the annex. Each bill of goods from a service
Regardless of whether any are connected to s.b.i.f.'n.
(7) Turkey's free zones valuables from the customs territory of the input and output operations to the customs territory of the free zones in Turkey, Concerning the Protection of the Value of Turkish Currency 32 Decision No provisions are applied.
VALUABLE ASSETS CASH EXCHANGE SERVICE LICENSE
Application of licenses and license Regulation
Matter 7- (1) In this context, only owner Valuables Logistics Permits users can be found in the license application. From the applicant if deemed appropriate by the General Directorate of the license application, London Bullion Market Association, London Platinum and Palladium Market or the member of the World Association of Diamond Bourses stock, about the stock market, stock market licensed / authorized deposit taking license for that when, The Istanbul Stock Exchange to be licensed or be asked to submit to the General Directorate of making contract.
(2) In this context, the activities to be carried out in the region for security camera placement, security personnel employment, additional transport of Regional input-output and safety measures to be taken on similar issues license holder is the user's responsibility, Operating License Application that the business plan submitted to the issues referred to during the General Directorate.
(3) License fee contract with the Istanbul Stock Exchange made or if a license 20.000 ABD Doları, , Subject to license from other exchanges 50.000 The US Dollar, 3'In accordance with Article Valuables Logistics guarantees received for the license is also valid for this license scope of activities, but also taken for this undertaking to be valid license collateral.
(4) are arranged in the above conditions permits the provision. explanatory statement will be deducted for exchanges about the license held in parentheses (Sample: Valuables Exchange (Istanbul Stock Exchange Inc.) Box Service License).
(5) only under this license, valuables registered in the relevant stock exchange's account, crating and logistics services offered. This license covered by the landlord or stock exchange members with those authorized to act on their behalf is also not necessary to carry out contract, license or contract services from the stock market in order to provide sufficient.
Valuables Exchange Special Account and the Cash Basis of the Input and Output Charge
Matter 8- (1) if an organization or authority to take action in the stock market on behalf of their clients in the region with the introduction of valuables, license information is transmitted to be determined by owner-exchange Borsa. This process is not an object in goods registered the entry is made to the stock exchange Valuables Logistics licenses. The stock market registered an article valuables Valuables Safe Exchange Service License Stock Exchange are kept and on behalf of Uhde. among them or those authorized to act on them because of stock exchange transactions valuables
Information on the owner's valuables and records related to these transactions if the customer is kept changing hands between the exchange site, also can not be held SBİF. However, this information upon request as "Confidential" provided that the exchange is sent to the Directorate General or by the Istanbul Regional Directorate. The output of valuables is done according to the instructions received from the Stock Exchange. those authorized to act in the stock market and / or their customer ownership changes made to the stock exchange within or between only reported to the Stock Exchange
associated with the purchase and sale performed by Borsa. operations to be performed for and on behalf of clients who are authorized to trade in the stock market are also subject to the provisions of this Article.
(2) not on behalf of an organization or their clients free of the entrance of unquoted valuables that are authorized to trade in the stock market, Valuables made the logistics of License. These goods are transferred to the account in relation to the stock market, license will be determined by the owner-information is transmitted to the stock exchange. Made the necessary procedures by the Exchange, Following the adoption of the goods stock goods account, Valuables Logistics from license, Valuables account the relevant stock exchange following the exchange of the license is transferred to Box Service.
(3) those who are authorized to act because of stock exchange transactions between themselves or if valuables changing hands between their customers; Information on the owner's valuables and records related to these transactions, Exchanges are kept in-house, also can not be held SBİF. But, This information is sent to Headquarters or Regional Office on a confidential basis if requested by the Istanbul Stock Exchange.
(4) Those authorized to make transactions in the stock market Valuables Logistics Permits are not themselves under trading, The goods must manually changing the stock exchange operations. making powers of the ones in the stock market, Valuables Logistics only under license, bringing goods to the free zone and not authorized to make transactions on the stock exchange Valuables Logistics Permits can make the purchase and sale contracts with additional customers.
(5) Exchange is authorized to act in the, Valuables Logistics due to unauthorized trading license of his contracts with additional customers in the form of valuables stock changing hands, Valuables Safe Exchange Service from the license, Valuables Logistics is transferred to the license.
(6) The output of valuables is done according to the instructions received from the Stock Exchange. those authorized to act in the stock market and / or customer ownership changes between them are realized only if the reported associated with trading the stock or made in-house by the Exchange Exchange. operations to be performed for and on behalf of clients who are authorized to trade in the stock market are also subject to the provisions of this Article.
(7) (Different, 2017/4 Circular No.) Valuables Exchange Service Concession owner's Box, goods on the input and output of, instructions for this stock and property owners, If commodity stocks and edit SBİF accordance with the relevant stock exchange and stock exchange approvals instructions, the original invoice or 7 days with the original record to be presented in the bill of lading is interrupted by itself adds to the example of s.b.i.f.'n.
(8) Valuables Logistics Free Zone Operation Form License or Valuables Exchange (... Exchange) Box Service Concession is located in the owner's name and property of the original owner.
(9)License holders of users on topics other than transactions directly related to the presentation of their services in the free zone free zone can not edit bill. Said users, customers or abroad of the owner over the cost of utility bills if they cut off the stock market in a thousand residents 1 (one) ratio, In the case of thousands of owners in Turkey 9 (nine) the rate of receipt of payment of fees in special accounts that S.B.İ.F. It shall submit to the Regional Offices in the annex. Each utility bill items
Regardless emerges from the region is connected to s.b.i.f.'n.
(10) Turkey's free zones valuables from the customs territory of the input and output operations to the customs territory of the free zones in Turkey, Concerning the Protection of the Value of Turkish Currency 32 Decision No provisions are applied.
Responsibility of goods
Matter 9- (1) The license holder under this Circular is not the owner of the goods they contain users of; but, mainly responsible for goods, Free Zones of the Regional Directorate addressed to all matters related Legislation, user license holder is.
Letter of Guarantee and Commitment
Matter 10-(1) Letter of guarantee under this Circular, deposit or participation banks will be given an indefinite period and is required to have a definite guarantee letter, Letters of guarantees issued in contravention of the provisions of this Circular Zone Directorate will not be accepted. Detected on the criminal element of letters of guarantee, It is transferred to the Ministry to conduct the necessary proceedings. Letters of guarantee issued by the relevant bank branches before Each letter should also show the same collateral branches with a total limit of. Although whatsoever thereby guarantees received under this Circular and on the precautionary measures can not be sequestrated. Letters of guarantee kept for activities
by the General Directorate of the Ministry to ensure that our centers are sent to the central accountancy payment. In accordance with the provisions of this Circular and certifications required confirmation can not be made and / or the Free Zones Implementation Regulation or if it is determined that there are activities contrary to the provisions of this Circular, letters of guarantee in favor of dissolving the Ministry of Ministry of Accountancy centers, paying central budget revenues are recorded. assessing the scope of Article 14 of Regulation acts contrary to the provisions of Circular result of the cancellation of the operating license of the case should not be seen, After the dissolution of the Ministry of guarantee in favor of the letter can not be allowed to continue operating without a new letter of guarantee for the same amount. Letters of guarantee issued operating license is requested in the step. letters of guarantee under this Circular company according to the general provisions regarding the return of letters of guarantee in case of any legislation contrary activity without the state wants to cancel the license of his own accord or operating license for the period of its unwillingness to continue the activities (special account, no tax or insurance premium debt, and so that
Upon notification by the Ministry accountancy) Will be refunded.
(2) Pursuant to this Circular, Besides guarantees will be also taken samples in accordance with the circular letter of commitment crops. undertaking during issuance of the requested operation license
Things can not change the license in the other thread
Matter 11- (1)Threads made changes in license taken before the date of publication of this notice can not make acting within the scope of this circular.
Matter 12- (1) This Circular will emerge to finalize the implementation of the Directorate General is authorized to investigate specific cases and compulsory.
Matter 13- (1) this Circular 08/06/2015 Enters into force on.
LOGISTICS AND EXCHANGE CASH BASIS OF VALUABLE SERVICE
CONTRACT SAMPLE (GUARANTEE)
The MINISTRY OF ECONOMY
(Free Zones, Overseas Investment and Services Directorate General)
............................................. Free Zone, Valuables Logistics / Cash Exchange Service, we request to take on Operating License.
Edit the issues we declare that we're doing the right place in the form of the undertaking operating license application with the information that; we agree and we undertake no activities in accordance with the principles determined by the Directorate General.
be faced with unrealistic situation in our statements and / or free zone legislation and / or if we do not act contrary to the principles set by the General Directorate of Free Zones Application Regulation Article 14 of that we offer, regardless of the Ministry of Economy that it has been revoked our license activities within the framework of dated ... No. Letters of Guarantee in favor of dissolving the Ministry and ... 3218 No. Free Zone on the matter referred to the special accounts referred to in Article 7 of the Law (d) be recorded as revenue in accordance with subparagraph accepted and we are committed.
Information and hereby required.
Signature and Stamp
Name and Title
TAX NUMBER :
PHONE NUMBER :
LOGISTICS AND EXCHANGE CASH BASIS OF VALUABLE SERVICE
CONTRACT SAMPLE (FITNESS ARTICLES)
The MINISTRY OF ECONOMY
(Free Zones, Overseas Investment and Services Directorate General)
............................................. Free Zone, ... No. Valuables Logistics / Service scope Box Stock Exchange on Operating License .......... dated ....... No. Free Zone accompanied Transaction Form, Organize our work valuable goods entering the region with the information that the undertaking Valuables Circular related to the Logistics and Commodity Box Services Article 4 of that comply with the third paragraph of the terms and accept that precious metals at Borsa Istanbul's produced by refineries located in the refinery list and commitments we will.
be faced with unrealistic situation in our statements and / or free zone legislation and / or if we do not act contrary to the principles set by the General Directorate of Free Zones Implementation Regulation that Article 14 of the canceled our activities within the framework of license acceptance and we are committed.
Information and hereby required.
Signature and Stamp
Name and Title
TAX NUMBER :
PHONE NUMBER :
cheap (Customs Tariff Statistics Position) :
OWNER OR REPRESENTATIVE:
BODIES RESPONSIBLE ARE A MEMBER OF the OWNER OR:
If that REFINERY PRODUCTION V: