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Draft Law on Investment Funds Decided to be Liquidated on Parliament's Agenda
Following a break in the Turkish Red Crescent Draft Law at the General Assembly of the Parliament, the regulation regarding investment funds planned for liquidation has been moved forward. The new proposal defines the liquidation processes under the supervision of the CMB and the principles for interim payments to be made to investors.
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Economy
Politics
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
Sixth Fund Board Meeting Statement: 40.8 Billion Lira Transaction Completed
The Presidency's Directorate of Communications announced that following the Sixth Fund Board Meeting, in-kind and cash liquidation transactions totaling approximately 40.8 billion TL have been completed through Ziraat Bank for over 45,000 individuals across 66 investment funds.
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Economy
Politics
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.
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Economy











