1.

Record Nr.

UNINA9910165034103321

Titolo

Turkey : : Financial Sector Assessment Program-Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7703-6

Descrizione fisica

1 online resource (250 pages) : illustrations, tables

Collana

IMF Staff Country Reports

Disciplina

332

Soggetti

Finance

Finance - Turkey

Financial Sector Assessment Program

Banks and Banking

Public Finance

Money and Monetary Policy

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Public Administration

Public Sector Accounting and Audits

Auditing

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Banking

Financial services law & regulation

Management accounting & bookkeeping

Monetary economics

Market risk

Internal audit

Credit risk

Financial regulation and supervision

Credit

Money



Public financial management (PFM)

Banks and banking

Financial risk management

Auditing, Internal

Turkey

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This paper presents an assessment of observance of Basel Core Principles for Effective Banking Supervision in Turkey. Since the previous assessment conducted in 2011, the Banking Regulation and Supervisory Agency has made several significant improvements to its supervisory framework. There are areas that still warrant improvement, including addressing legal provisions that undermines supervisory independence, providing a deeper risk assessment focus to supervisory inspections and follow up, enhancing the forward-looking component of the assessments, streamlining risk management and corporate governance requirements, strengthening the supervisory enforcement regime, demanding recovery plans, developing group resolution plans, and increasing the ability to act at an early stage to address unsafe and unsound practices.