Turkey: Financial System Stability Assessment
IMF Staff Country Reports, February 3, 2017
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- Canonical URL
- Turkey: Financial System Stability Assessment
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Bibliographic details
- Published: February 3, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475574401.002
Summary findings
- The report discusses the findings and recommendations made in the Financial Sector Assessment Program for Turkey in the area of financial system stability.
- The assessment identified important priorities for further improvement in the policy framework and in implementation.
- Key areas of concern identified:
- Effectiveness of financial supervision.
- Governance arrangements.
- Systemic risk identification and the coordination of macroprudential policies.
- Systemic liquidity risks.
- Gaps in crisis management arrangements.
- A stronger role for the Financial Stability Committee would support more coordinated and effective systemic risk oversight and management.
Policy recommendations
- Raise the effectiveness of financial supervision.
- Enhance governance arrangements.
- Strengthen systemic risk identification and the coordination of macroprudential policies.
- Lower systemic liquidity risks.
- Address current gaps in crisis management arrangements.
- Empower the Financial Stability Committee to support coordinated systemic risk oversight and management.
Subjects and keywords
- Subject: Banking, Financial Sector Assessment Program, Financial sector policy and analysis, Financial sector stability, Foreign exchange, Systemic risk, Systemic risk assessment
- Keywords: asset, asset quality, authority, bank, CBRT FX reserve, CR, due diligence, Financial Sector Assessment Program, Financial sector stability, funding strategy, FX leverage, FX liability, FX liquidity risk, FX sale, FX shock, Global, ISCR, liquidity pressure, liquidity risk, market, net FX position, risk, Systemic risk, Systemic risk assessment, Turkey
Key publication identifiers (as reported)
- Publication date: February 3, 2017
- Pages: 109
- Volume: 2017
- Issue: 035
- Series: Country Report No. 2017/035
- Stock No: 1TUREA2017003
- DOI: https://doi.org/10.5089/9781475574401.002
- ISBN: 9781475574401
- ISSN: 1934-7685
- Citation (preview): International Monetary Fund. Monetary and Capital Markets Department "Turkey: Financial System Stability Assessment", IMF Staff Country Reports 2017, 035 (2017), accessed 9/23/2026, https://doi.org/10.5089/9781475574401.002
Source: Turkey: Financial System Stability Assessment — https://www.imf.org/en/publications/cr/issues/2017/02/03/turkey-financial-sector-assessment-program-financial-system-stability-assessment-44617
Content in this bundle
- Country Report