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Reflections from our correspondents on the ground in the Turkish capital.

BEYOND THE BOSPORUS: Burn after reading—MI6 appointment means British, French and US intel services now all headed by Turkish speakers

August 3, 2020

And let’s not forget… Boris Johnson “is a Turk”, while Dmitry Peskov is a Turkologist.

ISTANBUL BLOG: More dollars required from Turkish lenders in required reserves in latest regulation sandwich

July 19, 2020

Turkey tinkering with so many banking rules that market players have asked to receive announcements in bundles.

ISTANBUL BLOG: Banking regulation as clear as dishwater

June 22, 2020

Latest rule change from central bank in effort to ramp up credit in economy suspends reserve requirement for lenders. Very likely an amendment will emerge before you get to the end of this sentence.

ISTANBUL BLOG: Erdogan’s regulators hit uncooperative private banks with blunter instrument

June 1, 2020

Watchdog amends asset ratio calculation methodology after lenders find loopholes. President determined all banks should play a full role in delivering more cheap money. But some non-state players appear to be getting heartily fed up.

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