Turkey: Financial Sector Assessment Program: detailed assessment of Observance-Assessment of Observance of the CPMI-IOSCO Principles for Financial Market Infrastructure
IMF Staff Country Reports, February 8, 2017
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- Turkey: Financial Sector Assessment Program: detailed assessment of Observance-Assessment of Observance of the CPMI-IOSCO Principles for Financial Market Infrastructure
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Bibliographic details
- Published: February 8, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475576870.002
Summary Overview
- This paper presents an assessment of observance of the CPMI–IOSCO (Committee on Payments and Market Infrastructures–International Organization for Securities Commissions) principles for financial market infrastructures in Turkey.
Key Findings — Electronic Funds Transfer (EFT) System
- The electronic funds transfer system in Turkey broadly observes the risk management framework and liquidity risk management, default management, and operational risk management principles.
- The electronic funds transfer system partially observes the tiered participation principle.
- The rest are observed or not applicable.
Key Findings — Electronic Securities Transfer System
- The electronic securities transfer system broadly observes the risk management framework, liquidity, default management, and operational risk principles.
- The rest are observed or not applicable.
Subjects and Keywords (as listed)
- Subjects:
- Central counterparty clearing house
- Central securities depositories
- Financial markets
- Financial regulation and supervision
- Operational risk
- Payment systems
- Securities
- Securities settlement systems
- Keywords:
- CBRT law
- CBRT payment
- central bank
- Central counterparty clearing house
- Central securities depositories
- CR
- EFT system
- Global
- ISCR
- liquidity support
- management system
- Operational risk
- payment system
- Payment systems
- Securities settlement systems
Content in this bundle
- Country Report