The Turkish financial industry recently underwent a process of re-identification following rapid and radical changes, and has reached a point of global significance. Political decisions and regulatory amendments applied in compliance with local and global developments have protected the sector’s robust system. Proactive regulations within banking and other financial sectors have developed confidence in the financial services market, as well as garnering interest from international companies (acquisitions and mergers, incorporation) in Turkey. It is expected that market depth will be developed following the new Capital Market Code and the Istanbul International Finance Centre project. Accordingly, financial products and services are increasingly being developed. All these stages - production and services fortification, consideration of strategic association decisions, and finally, effective risk and cost management in compliance with legislation - will strengthen corporations, especially in the areas of competition and financial industry.
© 2019 PwC. Gündüz Şimşek Gago Attorneys at Law All rights reserved.
"GSG Attorneys at Law" refers to "Gündüz Şimşek Gago Attorneys at Law”