Statement on Financial Markets and Measures from Treasury and Finance Minister Mehmet Şimşek

Treasury and Finance Minister Mehmet Şimşek stated that legal processes regarding developments in fund markets and market-disrupting transactions are ongoing, announcing that all kinds of measures, including liquidity, will be taken to ensure honest individuals and companies are not harmed.

Financial Markets and Legal Processes

Treasury and Finance Minister Mehmet Şimşek published a comprehensive statement on his social media account regarding the recent volatile processes in financial and fund markets. Minister Şimşek stated that the legal process within the scope of judicial and cyber investigations targeting those involved in market-disrupting transactions is continuing uncompromisingly.

Assurance to Honest Investors and Companies

Emphasizing that no sanctions or blocking procedures will ever be applied to honest individuals and companies that have no ties or affiliation with market-disrupting activities, Şimşek noted that investors are thus provided with reassurance.

Preservation of the Real Sector's Capacity

Drawing attention to the vital importance of supporting the economy's production power at the macro level and paving the way for industrialists, Minister Şimşek noted that protecting the investment, employment, production, and export capacity of the real sector is among their top priorities.

Interinstitutional Coordination and Measures

It was stated that actions are taken in full coordination with all relevant regulatory and supervisory institutions to protect the healthy functioning of the financial system. Furthermore, it was reported that cooperation is being carried out with the Ministry of Justice to resolve grievances in the fund markets.

It was emphasized that in order to prevent developments from negatively reflecting on the financial system and the real economy, all necessary economic measures, primarily the liquidity needed by the market, will continue to be taken resolutely.