04593oam 22011534 450 991016503410332120230809222757.01-4755-7700-11-4755-7703-6(CKB)3710000001064768(MiAaPQ)EBC4807099(IMF)1TUREA2017005(EXLCZ)99371000000106476820020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierTurkey : Financial Sector Assessment Program-Detailed Assessment of Observance of the Basel Core Principles for Effective Banking SupervisionWashington, D.C. :International Monetary Fund,2017.1 online resource (250 pages) illustrations, tablesIMF Staff Country Reports1-4755-7689-7 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.IMF Staff Country Reports; Country Report ;No. 2017/046FinanceFinanceTurkeyFinancial Sector Assessment ProgramBanks and BankingimfPublic FinanceimfMoney and Monetary PolicyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfFinancing PolicyimfFinancial Risk and Risk ManagementimfCapital and Ownership StructureimfValue of FirmsimfGoodwillimfPublic AdministrationimfPublic Sector Accounting and AuditsimfAuditingimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfBankingimfFinancial services law & regulationimfManagement accounting & bookkeepingimfMonetary economicsimfMarket riskimfInternal auditimfCredit riskimfFinancial regulation and supervisionimfCreditimfMoneyimfPublic financial management (PFM)imfBanks and bankingimfFinancial risk managementimfAuditing, InternalimfTurkeyimfFinance.FinanceFinancial Sector Assessment Program.Banks and BankingPublic FinanceMoney and Monetary PolicyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesFinancing PolicyFinancial Risk and Risk ManagementCapital and Ownership StructureValue of FirmsGoodwillPublic AdministrationPublic Sector Accounting and AuditsAuditingMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralBankingFinancial services law & regulationManagement accounting & bookkeepingMonetary economicsMarket riskInternal auditCredit riskFinancial regulation and supervisionCreditMoneyPublic financial management (PFM)Banks and bankingFinancial risk managementAuditing, Internal332DcWaIMFBOOK9910165034103321Turkey1178165UNINA