Turkish banking watchdog fines financial firms.

BANKING AND CREDIT NEWS-June 29, 2020--Turkish banking watchdog fines financial firms

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Global Banking News - 29 June 2020

The Turkish banking watchdog has fined 16 financial firms.

The Banking Regulation and Supervision Agency (BDDK) fined 16 financial institutions a total of TRL2.1m. The fines are meant to punish banks that conducted transactions in violation of the regulator's norms.

The BDDK said that it imposed the fine after examining...

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