Bill Prepared for the Liquidation of Capital Market Funds
A new regulation foreseeing the liquidation of investors' assets is being brought to the parliament's agenda.
A 10-article bill prepared by AK Party deputies for the liquidation of funds connected to transactions in the capital market is planned to be submitted to the Presidency of the Grand National Assembly of Turkey (TBMM).
Working Group Process
The AK Party TBMM Group established a special working group, chaired by Group Chairman Abdullah Güler, to address the fund transactions on the agenda. This group, consisting of lawyer deputies, conducted detailed evaluations on the subject.
Scope of the Bill
Within the scope of the temporary bill, it is foreseen that assets up to 1 million liras belonging to 455,578 investors will be subject to liquidation. The liquidation regulation consists of a total of 10 articles.
Stage of Submission to Parliament
The bill regarding the capital market, prepared in line with the evaluations made by the lawyer deputies, is planned to be submitted to the Presidency of the TBMM in the coming days.