Turkey
Nine jurisdictions yet to finalise Basel III rules
Turkey and South Africa worst laggards, with no final drafts published
Op risk data: Money laundering gaffes cost ABN €480m in penalties
Also: Turkish crypto exchange’s missing $2bn; online payment scams rise during Covid. Data by ORX News
Turkey turmoil opens door to offshore NDF market
Emta invites input on documentation for offshore lira
FX traders pull back to vanilla strategies for emerging markets
Spreads tighten on many currency pairs but liquidity still patchy
Morgan Stanley FX loss leaves ill-feeling, questions in wake
Options traders saw odd quotes by US bank months before losses were publicised
Credit losses in US, Turkey ding BBVA’s profits
Impairments jump €142 million in the US and €51 million in Turkey year-on-year
Risk FX Briefing: Event insights
What lies ahead for investment managers
Dealers go quiet on Turkey research
Seven banks have not covered this week’s lira meltdown, following investigation of JP Morgan
Credit data: doom loop depends on sovereign strength
Analysis of 59 countries shows bank and sovereign credit are most likely to be correlated in lower-rated countries
Modelling the tweetstorm? Political risks vex EM funds
Digital fusillades have heightened the risks facing emerging market investors
Best in Turkey – AK Asset Management
Best in Turkey
Foreign issuers lobby Turkish government to change structured products regulation
Different tax treatment is placing foreign banks at a disadvantage, they say
S&P Smit 40 Index tracks 'Next 11' emerging markets as investors look beyond Brics
S&P Dow Jones Indices index tracks the four largest economies in the Next 11 in a reflection of growing demand for broader emerging markets exposure
Japan FSA asks for transparent double-deckers
Double-deckers in for a bumpy ride
Barroso calls on eurozone to speed up completion of EFSF legislation
EC president calls for urgent action on bailout mechanism, but analyst says it could be months before the EFSF is legally allowed to purchase government bonds on the secondary market
Standard & Poor’s Civets index looks for growth beyond the Brics
Standard & Poor’s has launched the S&P Civets 60 index, designed to track stocks in non-Bric emerging markets