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New Law Regarding the Liquidation of Investment Funds Published in the Official Gazette
A new law regarding investment funds liquidated by CMB decisions has been published in the Official Gazette and entered into force. The regulation provides for interim payments of up to 1 million liras to investors.
News
Economy
Interim Payment Announcement at the Economic Coordination Committee Meeting in Beştepe
The ECC meeting held in Beştepe under the chairmanship of Vice President Cevdet Yılmaz lasted about 4 hours; it was announced that interim payments for troubled investment funds will be initiated after enactment.
News
Economy
Statement on Problematic Funds Following Economic Coordination Board Meeting
Following the eighth meeting of the ECE, it was announced in a statement that interim payments will be initiated immediately after the bill regarding the liquidation process of problematic funds is enacted in the General Assembly of the Grand National Assembly of Turkey (GNAT).
News
Economy
Approval of regulations on liquidation of investment funds and payments to investors in committee
A new legislative proposal determining the procedures for the liquidation processes of investment funds and payments to be made to investors has been accepted in the parliamentary committee.
News
Economy
New 9-article bill for the liquidation of investment funds submitted to Parliament
A legislative proposal has been submitted to Parliament to provide interim payments of up to 1 million TL to investors of 131 funds liquidated by the decision of the Capital Markets Board and to audit the processes.
News
Economy
