Turkish Banking Regulation and Supervision Agency (BDDK) Deputy Chairman Mustafa Aydın is under scrutiny for accepting substantial wedding gifts from bank executives whom he is responsible for regulating. Treasury and Finance Minister Mehmet Şimşek, upon returning from a trip to the United States, immediately ordered an investigation into the matter, stating that “necessary actions will
After a two-day delay, the Banking Regulation and Supervision Agency (BRSA) announced the rationale and the implementation methods for its Decision numbered 10250 (‘Decision’ from now on), taken on June 24 and caused great controversy; including about loans and rates. The statement made on June 26 sets out the reasoning for the Decision. Trying to
Erdoğan to meet his Swedish and Finnish counterparts before NATO Madrid summit, Police attack on Istanbul Pride, Turkey’s banking regulator’s contraversial loan restriction, Iran FM to visit Turkey after Israeli FM, Cyanide spill to Euphrates river, Erdoğan opening discussions on reinstating death penalty… Here is what you need to know what is going on in