ERDEM-NEWSLETTER-2018-metin

387 MISCELLANEOUS Presidency Circulars As of 20.09.2018, 10 circulars were issued by the President. In this context, Presidency Circular numbered 2018/1 regarding the Af- filiated, Associated and Related Institutions and Organizations to the Ministries is of great importance. Within the scope of this circular, the Savings Deposit Insurance Fund is affiliated with the Presidency; Personal Data Protection Au- thority, Human Rights and Gender Equality Authority of Turkey are affiliated with the Ministry of Justice; Türkiye Emlak Bankası A.Ş. is affiliate with the Ministry of Environment and Urban Planning; Banking Regulation and Supervision Agency Public Oversight, Ac- counting and Auditing Standards Agency, Capital Markets Board, the Central Finance and Contracts Unit, General Directorate of Central Bank of the Republic of Turkey, Türkiye Cumhuriyeti Ziraat Bankası A.Ş., Türkiye Halk Bankası A.Ş., Türkiye Vakıflar Bankası A.Ş. and Türkiye Kalkınma Bankası A.Ş., are affiliated with the Ministry of Treasury and Finance. Through the Presidency Circular numbered 2018/3, crucial pow- ers of the Privatization High Council, High Planning Council, Money- Credit and Coordination Board were transferred to the President. Pursuant to Presidency Circular numbered 2018/7, prior to initiat- ing an examination process for personnel to be undertaken through a special examination, the permission of the President shall be obtained. Conclusion Although the legislation determining the general outline of the new system of government has swiftly entered into force, it is not yet possible to say whether or not the new system has completed its for- mation.

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