Summary

SAI Turkey conducted an audit of the financial statements of the Banking Regulation and Supervision Agency (Bankacilik duzenleme ve denetleme kurumu, BDDK) for 2023. The auditors noted that the documentation was reliable, and no significant violations were identified. In addition, it was noted that accounting operations are conducted through an integrated information system. However, shortcomings in internal management and control, inconsistencies in the provisions of the legislation regarding the transfer of funds, and non-compliance with the recommendations of the previous audit were revealed. The SAI recommended that the audited entity correct the identified violations.