Abstract
The crises in the last two decades underlined the importance of prudential and independent supervision, especially in emerging markets with inadequate legal, judicial and financial infrastructure. The 2000?2001 crises in Turkey showed that ineffective regulation, weak supervision and political interference aggravated the cost of the banking crisis. The aim of this paper is to discuss the efficacy of bank regulations and supervisory practices during the deregulation, pre-crisis and crisis periods in the Turkish banking sector. Turkey, the biggest candidate country in the EU, gives prime importance to the integration and adoption of both EU and international banking regulatory standards.
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More From: International Journal of Liability and Scientific Enquiry
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