Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III risk-based capital regulations - Turkey.
Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and analyses the quality of intended regulatory outcomes. The RCAP also helps member jurisdictions to identify deviations from the Basel framework and assesses their materiality.
This report describes the Committee's assessment of the implementation of the Basel capital standards in Turkey. Overall, the domestic implementation of the risk-based capital framework is found to be "compliant" with the Basel standards, the highest possible grade, as all components are assessed as "compliant".
- Publication Date: March 2016
- Publication Type: Implementation Reports
- Publication Status: Current
- Publication Category: Uncategorized
- Number of Pages: 44
- Keywords: Capital Regime, RCAP, Basel III
For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.
The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).