A New Barrier for the Future of Energy Market in Turkey: Internal Capital Adequacy Assessment Process (ICAAP)
Küçük Resim Yok
Tarih
2017
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
IGI Global
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The Banking Regulation and Supervision Agency (BRSA) in Turkey has implemented a risk based framework since 2006, making bold moves of resulted in a stellar increase of capital adequacy in Turkish Banking System. But the enactment of the new law for the Internal capital adequacy assessment process (ICAAP) is evaluated as being quite an early adoption. The Bank for International Settlements (BIS) points that Turkey has early-adopted the implementation recommending further discussions for a reconsideration of the target capital adequacy ratio. The banks have already found it difficult to follow up high capital adequacy especially while financing energy projects, as the Turkish Banking system is preparing for the requirements of Basel III framework. Under the new regulation, the ICAAP is expected to decrease the capital adequacy of banks in Turkey. Meanwhile, the challenge in adopting ICAAP can be an additional barrier standing in the way to the development of energy market.
Açıklama
Anahtar Kelimeler
Kaynak
Ethics and Sustainability in Global Supply Chain Management
WoS Q Değeri
N/A
Scopus Q Değeri
N/A
Cilt
Sayı
Künye
Okay, E.(2017), A New Barrier for the Future of Energy Market in Turkey: Internal Capital Adequacy Assessment Process (ICAAP), U. Akkuçuk, Ethics and Sustainability in Global Supply Chain Management (s. 178-196). Hersey, IGI Global.