Abbreviations

Association

Payment and Electronic Money Institutions Association of Turkey

BCBS

Basel Committee on Banking Supervision

BES

Right to Information Unit

BIS

Bank for International Settlements

BIST

Borsa İstanbul

BKM

Interbank Card Center

BPS

Banknote Processing Systems

BRSA

Banking Regulation and Supervision Agency

CAR

Capital Adequacy Ratio

CBCDG

Central Bank Counterfeit Deterrence Group

CBRT

Central Bank of the Republic of Turkey

CCD

Consignment Coin Depots

CCP

Central Counter-Party

CIMER

Presidential Communication Center

CNY

Chinese yuan

CPMI

Committee on Payments and Market Infrastructures

CRAs

Credit Rating Agencies

EDRC

Economic and Development Review Committee

EFT

Electronic Funds Transfer

EME

Emerging Market Economies

ERP

Economic Reform Program

EU

European Union

EVDS

Electronic Data Delivery System

FAST

Instant and Continuous Transfer of Funds

FinTech

Financial Technologies

Food Committee

Food and Agricultural Product Markets Monitoring and Evaluation Committee

FSB

Financial Stability Board

FSB MENA

FSB (Regional Consultative Group for) the Middle East and North Africa

FV

Fair Value

FX

Foreign Exchange

GDDS

Government Domestic Debt Securities

GDP

Gross Domestic Product

GNAT

Grand National Assembly of Turkey

IFC

Irving Fisher Committee on Central Bank Statistics

IMF

International Monetary Fund

IMM

Interbank Money Market

IMSG

Implementation Monitoring Steering Group of the CPMI-IOSCO

IOSCO

International Organization of Securities Commissions

LON

Late Liquidity Window

MASAK

Financial Crimes Investigation Board

MONY

Decentralized Cash Management

MPC

Monetary Policy Committee

NPL

Non-Performing Loans

OECD

Organization for Economic Co-operation and Development

OIC

Organization of Islamic Cooperation

OMO

Open Market Operations

PFMI

Principles for Financial Market Infrastructures

PSDSS

Payment Services Data Sharing Services

PTT

Postal and Telegraph Corporation

QAR

Qatari riyal

R&D

Research and Development

REAL

Real Economic Activity Lens

ROM

Reserve Options Mechanism

RR

Reserve Requirement

RTGS

Real Time Gross Settlement

SDR

Special Drawing Rights

TL/TRY

Turkish lira

TTK

Turkish Commercial Code

TURKSTAT

Turkish Statistical Institute

VUK

Tax Procedure Law

WB

World Bank

YEAGM

Structural Economic Research Department