Turkish deposit ins11mnce system with the EU Directive, Morenvcr, the
article presents a lmef hisroricfd framework and the existlng structure of
the deposit insurance system fn Turkey. The results indicate that although
the Turkish system has achieved a high level of harmonization with the EU
Directive, it will require cme majur adjustment about the reimbursement
period for the insured deposits in order ro comply with the a~rrent EU
Directi;,•e. Furthermore, this article argues the need for updating the 1994
EU Directive on deposit insurance. In particular, the coverage limit for
depo.5it insurance needs to be reconsidered and revised. Finally, the
organizatiotUJ.i srructure and funding of the system requires standanifzation
across the EU
Turkish deposit ins11mnce system with the EU Directive, Morenvcr, the
article presents a lmef hisroricfd framework and the existlng structure of
the deposit insurance system fn Turkey. The results indicate that although
the Turkish system has achieved a high level of harmonization with the EU
Directive, it will require cme majur adjustment about the reimbursement
period for the insured deposits in order ro comply with the a~rrent EU
Directi;,•e. Furthermore, this article argues the need for updating the 1994
EU Directive on deposit insurance. In particular, the coverage limit for
depo.5it insurance needs to be reconsidered and revised. Finally, the
organizatiotUJ.i srructure and funding of the system requires standanifzation
across the EU
Mevduat Sigortası Türk Mevduat Sigorta Sistemi AB Mevduat Sigorta Yönerge Finansal Hizmetler Sektörü
Primary Language | English |
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Journal Section | Makaleler |
Authors | |
Publication Date | June 30, 2006 |
Published in Issue | Year 2006 |