6th Fund Board Meeting Concluded: Liquidation Processes and New Regulations Addressed

The 6th Fund Board Meeting, held under the chairmanship of Vice President Cevdet Yılmaz, has concluded. During the meeting, the liquidation processes of investment funds and anticipated amendments to the Capital Markets Law were addressed, and the latest status regarding liquidation payments completed through Ziraat Bank was shared.

The 6th Fund Board Meeting, held under the chairmanship of Vice President Cevdet Yılmaz, was attended by representatives from the Ministry of Justice, the Ministry of Treasury and Finance, and relevant institutions and organizations. According to the statement by the Presidency's Directorate of Communications, the meeting addressed ensuring that the processes in certain investment funds decided to be liquidated by the Capital Markets Board are carried out in a fair, transparent, and effective manner. In this context, the Draft Law aimed at securing payments under legal guarantee was adopted in the TBMM Plan and Budget Committee on October 14, 2026, and is expected to be discussed in the General Assembly next week.

During the board meeting, a new draft regulation aiming for permanent amendments to the Capital Markets Law was also brought to the agenda in order to resolve structural problems in capital markets, strengthen supervisory mechanisms, and increase the deterrent effect of penalties. Throughout the process, a total of approximately 40.8 billion TL in kind and cash liquidation payments was completed via Ziraat Bank for over 45,000 individuals across 66 funds managed by A1 Portföy, Bulls Portföy, and Pardus Portföy, and the number of funds in liquidation dropped from 131 to 65. On the other hand, liquidation transactions for Hedef Portföy funds were also included in the same principles by the decision of the CMB.