Statement on Funds from Vice President Yılmaz
Cevdet Yılmaz announced in his statement at the Turkish Grand National Assembly regarding fund processes in capital markets that payments for 17 funds will be made on Thursday.
Vice President Cevdet Yılmaz provided information on fund processes at the Grand National Assembly of Turkey, stating that payments for 17 funds will be carried out on Thursday and that no Treasury resources will be utilized.
State of Financial Markets
Vice President Yılmaz emphasized that there is no systemic risk in the financial markets and that the structure of the capital markets is robust.
Protection of Rights and Resource Utilization
Yılmaz stated that efforts regarding accountable funds have been ongoing since day one in order to protect public and investor rights.
It was clearly stated that no resources will be used from the Treasury and that there is no state guarantee in high-risk free funds.
Payment Schedule and Priorities
According to the statement, payments for 17 funds will be made on Thursday, with priority given to small investors and money market funds.
Board and Legal Processes
While the Fund Coordination Committee continues its work, the State Supervisory Council has also initiated investigations, and actions have been taken against numerous individuals in judicial processes.