Due to the increase in competition both on a domestic and international scale, the implementation of new legislations and risk management being in high demand during this process, the financial sector is very dynamic in nature.
With developments in technology and an altered perception of risk, a brand new finance instrument is introduced into the market every day. This brings forth the need for companies in the finance sector to constantly renew their legal and operational procedures.
Either due to their status or that they are listed companies institutions in this sector are kept under strict supervision in terms of regulatory liabilities and being audited frequently by the SPK (Capital Markets Board), BDDK (Banking Regulation and Supervision Agency), the Central Bank and the Under Secretariat of Treasury Directorate General of Insurance.
With its qualified workforce and young population, our country is a rapidly growing market. Also, with its free foreign exchange regime, Turkey proves to be a great opportunity for companies intend to invest in the finance industry. As a result of this, there are foreign capital in most institutions in this sector, and this trend is gaining influence more and more each day.