An assessment of this OECD Principle under the draft Methodology involves a consideration of, among other things, whether or not capital market participants consider that such markets are tolerably transparent and that the level of disclosure, the way in which disclosures are made and the operation of various disclosure standards have resulted in an acceptable level of market integrity.2 In Turkey, transparency is improving in some areas, particularly with respect to: (a) financial reporting; (b) accessibility of company disclosures; (c) basic information about share attributes and the largest direct shareholders; (d) basic information about boards and senior management; and (e) stakeholder policies. However, disclosures relating to the sensitive topics of ownership and control, actual decision-making processes and structures, related party transactions, self-dealing and the effectiveness of internal controls continue to vary in terms of the amount of information disclosed.