Norbert VENZLAFF

Resident Twinning Adviser at the Capital Markets Board of Turkey

Seconded from the Federal Ministry of Finance of Germany - where he was the Deputy Head of the Division "Stock Exchanges" - Mr. Venzlaff is since 2006 the Resident Twinning Adviser of the Project "Assisting the Capital Markets Board of Turkey to comply fully with EU Capital Markets Standards".

Mr. Venzlaff graduated as a fully qualified lawyer in 1983 and started working as an employee at the Industry Bank of Berlin. In 1985 he changed to the Federal Pension Insurer for Employees. In 1987 he moved to Bonn, the former capital of West Germany, and worked there at the Federal Ministry of Labour and Social Security before joining the Federal Ministry of Finance in 1989. There he worked first in the General Division for the social budget, and then for the Investigating Committee of the German Parliament concerning the funds of the former German Democratic Republic and later for the Currency Conversion Equalisation Fund.

In 2000 he returned to the united capital of Germany, Berlin. Until the end of 2005 he was responsible for stock markets, securities, and the Financial Services Action Plan of the European Commission. He leaded the German working groups in Brussels concerning several EU Directives (Market Abuse, Prospectuses, Transparency) and was in charge of implementing the Prospectus Directive into the national law. The new Securities Prospectus Act was published in the German Official Gazette on 22 June 2005.