Turkey Market Advisory Group

TheCityUK’s Turkey Market Advisory Group (MAG) works to promote the UK-based financial and related professional services industry as the partners of choice for Turkish companies.

Turkey is the world’s 17th largest economy with a GDP of $910bn. Its financial and related professional services industry is continuing to develop and through our Turkey MAG, we’re working closely with the Turkish government, Borsa Istanbul and the Istanbul International Financial Centre (IIFC) project on mutually beneficial initiatives.
The IIFC project is transforming Istanbul into an international financial centre. It aims to be an established global, financial centre within decades and links with London are vital in achieving this outcome. To attract financial investment, the Turkish government is working to stabilise the country’s political and economic systems. It’s also improving the tax system, legal and fiscal environments and the regulatory framework.

Priorities of the Turkish MAG

- Continuing our involvement with the Borsa Istanbul; notably in the development of FinTech and the IIFC project.
- Providing British knowledge and expertise across the Turkish financial and related services industry on behalf of the IIFC project.

Recent activities

- Our Turkey MAG holds frequent roundtable events with keynote speakers from Turkey, the IIFC project, the Borsa Istanbul and senior officials and policy experts from the UK.
- TheCityUK held a series of UK-Turkey Fintech Working Group sessions, in which members and representatives from Turkey’s financial and related professional services industry met to discuss opportunities for new partnerships between the UK and Turkey to facilitate FinTech solutions. 
- The Working Group prepared a report of case studies and insights to outline key opportunities and provide a starting point for further commercial engagement. The full report can be found below:

For more information about our Turkey work programme please contact us.