In light of the growing importance of risk management, the primary objective of the book Risk Management in the Turkish Banking Sector is to examine and analyse market risk in the Turkish banking sector within the framework of Basel standards during a period when full membership negotiations with the EU were underway. An Application to Market Risk, is to analyse market risk in the Turkish banking sector within the framework of Basel standards during the period of full membership negotiations with the EU. In this context, the study highlights how market risk is perceived by public, private and foreign banks, and the differences between them.