Regulation On The Principles And Procedures For Principles of Ethical Behavior for Public Officials and Application, which entered into force by being published in the Official Gazette dated 13 April 2005 and numbered 25785, was prepared to ensure that public officials act in accordance with ethical principles such as honesty, impartiality, transparency, accountability and public interest while performing their duties.

Main Objectives of the regulation:

• To establish and develop an ethical culture in the public sector,
• To define the principles of ethical behavior,
• To guide public officials about behaviors in accordance with these principles,
• To eliminate public distrust arising from unethical behavior,
• To increase public trust in public administration,
• To inform the public about the behaviors they can expect from public officials,
• To regulate the procedures and principles for applications to the Ethics Board.

Principles of Ethical Behavior

Public officials are obligated to adhere to the following ethical principles in the performance of their duties:

• Working with a sense of public service
• Acting with a sense of public service
• Complying with service standards
• Commitment to the Institution's purpose and mission
• Honesty, fairness, and impartiality
• Conserving respect and dignity in public service
• Communicating with courtesy and respect
• Reporting unethical requests to competent authorities
• Avoiding conflicts of interest
• Not using duties and authorities for personal gain
• Complying with the prohibition against accepting gifts and procuring benefits
• Using public goods and resources only for public service
• Avoiding wastefulness and using resources efficiently
• Not making statements binding on the institution and avoiding false statements
• Encouraging transparency, informing, and participation
• Accountability of managers
• Objectivity in relations with outgoing public officials
• Obligation to declare assets

These principles provide a framework for ensuring reliability, transparency, and accountability in public service. Ethical rules provide guidance in situations where the law lacks explicit provisions.

REGULATION ON THE PROFESSIONAL AND ETHICAL PRINCIPLES TO BE ADHERED TO BY THE MEMBERS OF THE BANKING REGULATION AND SUPERVISION BOARD AND THE BANKING REGULATION AND SUPERVISION AGENCY STAFF

The BRSA Ethical Principles Regulation, published on February 2, 2007, was designed to determine the professional and ethical principles to be adhered to by Board members and Agency staff to ensure that they can perform their duties assigned by the Banking Law No. 5411 and other relevant legislation, within the framework of the authorities specified in the said Law, without being subject to any influence or pressure, and to ensure that trust is established in the public and financial markets that the Agency performs its duties with complete impartiality and that this trust is maintained.

BRSA Ethics Commission and Its Duties

The Ethics Commission was established in the BRSA to monitor, evaluate and develop ethical practices.

BRSA Ethics Commission

• Head of Commission: Vice President responsible for the Support Services
• Commission Members: Vice Presidents, Head of Legal Affairs Department, Head of Support Services I Department

Duties of the BRSA Ethics Commission

• Establish and develop an ethical culture within the institution,
• Provide guidance and direction to staff regarding issues they encounter regarding ethical conduct principles,
• Assess ethical practices,
• Determine institutional ethical principles and ensure their implementation,
• Evaluate complaints regarding behaviors contrary to ethical principles