Regulation, Risk & Compliance
Trading, Broking & Stock Exchanges
Uncategorized
Turkey exempts Euroclear, Clearstream from trade limit
Turkey’s banking watchdog on Wednesday gave exemptions to two foreign institutions — Euroclear Bank and Clearstream Banking — from its new limit on banks’ lira transactions with foreign institutions. On May 5, the Banking Regulation and Supervision Agency (BDDK) lowered the limit to 0.5% of banks' equity for Turkish lira…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Anadolu Agency