Mexico: time for a ‘moment’ or a miracle?
Last week, Pope Francis touched down for his first official visit to Mexico. Throughout the trip, he moved across the country, greeting crowds and speaking out about Mexico's most pressing challenges. In particular, he laid into the Mexican political elite, denouncing...
Turkey opens second state-owned Islamic bank
In an effort to increase the market penetration of Islamic financial services and to ensure a competitive Islamic banking market, the Turkish Banking Regulation and Supervision Authority (the "BRSA") granted Vakıf Katılım Bankası A.Ş. an operating license Feb. 16,...
Turkey increases protection of insurance agents at the expense of insurer
Mushin Keskin media alert Recent development The Undersecretariat of the Treasury has strengthened the protections of insurance agents in Turkey by increasing the authority of the Insurance Agents Executive Committee ("IAEC"), expanding the mandatory terms of agency...