Qualifications Required to Become a Bankruptcy Trustee

What are the qualifications required to become a Bankruptcy Trustee according to the regulations of the Expertise Department?

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According to the regulations of the Department of Expertise, the qualifications required to become a Bankruptcy Administration Officer are as follows:

ARTICLE 4 - (1) The Bankruptcy Administration Officer must meet the following qualifications:

a) Be a Turkish citizen.

b) Have full legal capacity.

c) For those to be selected among lawyers, sworn financial advisors, or independent accountants, graduate from domestic or equivalent foreign higher education institutions recognized by the Council of Higher Education at the undergraduate level.

ç) For those to be selected outside of lawyers, sworn financial advisors, or independent accountants, graduate from domestic or equivalent foreign higher education institutions recognized by the Council of Higher Education at the associate or undergraduate level.

d) Have at least five years of professional experience.

e) Not be bankrupt.

f) Not have been removed from the list in the last three years, except at their own request.

g) Not have been dismissed from profession or civil service, and not be prohibited from practicing a profession or professional activity.

ğ) Not be banned from public service.

h) There is no provision in the legislation governing their current profession that prevents them from performing the duties of a Bankruptcy Administration Officer.

ı) Even if the periods specified in Article 53 of the Turkish Penal Code No. 5237 dated 26/9/2004 have passed; not to have been convicted of imprisonment for more than one year for an intentional crime, or, even if pardoned, not to have been convicted of crimes against state security, crimes against the constitutional order and its functioning, embezzlement, extortion, bribery, theft, fraud, forgery, breach of trust, fraudulent bankruptcy, tampering with tenders or performance of obligations, laundering assets derived from crime or smuggling, providing false expert or interpreter reports, false testimony, or perjury.

i) Not to be affiliated or connected with terrorist organizations.

j) Subject to Article 18, to have completed Bankruptcy Administration Officer training.

17.02.2025 13:45

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