Open AccessDevelopment Process of Banking Regulations in Turkish Legal System
Author(s) -
Yaşam Demir,
Şebnem Yalçın
Publication year - 2017
Publication title -
european scientific journal
Language(s) - English
Resource type - Journals
eISSN - 1857-7881
pISSN - 1857-7431
DOI - 10.19044/esj.2017.v13n4p1
Subject(s) - turkish , scope (computer science) , business , process (computing) , accounting , audit , legal process , law , political science , philosophy , linguistics , computer science , programming language , operating system
The regulation of banking sector recently has become one of the discussed issues after the crisis experienced in developed and developing countries. The opinion that the international regulations and standards are not enough for the surveillance and audit of the banks, has began to prevail. In this aspect, the regulations, which every country has done in the scope of internal dynamics, took attention. In this study legal regulations that Turkey, where the negative effects of 2008 crisis are seen relatively less than European countries, has besides having international banking standards are analyzed. The development process of Banking Law is examined in respect to the historical process.