"An article has been published by Finans Gündem entitled ‘A first from FU Gayrimenkul: Services at ISAE 3402 standards’. The article also highlights details of audit reports at BRSA standards.
As per the letter sent by the Banking Regulation and Supervision to the Banking Association of Turkey on 06 August 2013 under no 24049440-045.01.(3/7)-20255, ISAE 3402 is the internationally accepted minimum standard applicable to the outsourcing services of banks.
The news article also quotes from Ertuğrul Bul, FU Gayrimenkul’s CEO, who explains the situation: “We conduct business with the most professional financial institutions in Turkey. I would like to underline how important it is to have applicable standards to risk analysis, technical adequacy, and evaluation in connection with the processes and workflows of outsourcing companies. We are regularly audited by 22 banks and 34 financial institutions and we always successfully pass those audits. The KPMG’si 3402 report is further evidence by an independent company that FU Gayrimenkul is a company of the upmost professionalism. We are the only service provider holding this report in the sector.”
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