#Investor Compensation Center
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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
Bill for Investment Funds Decided to Be Liquidated is in Parliament
A new bill regarding investment funds whose liquidation has been decided is being addressed in the General Assembly of the Turkish Grand National Assembly. With the regulation, intermediate payments will be made according to the net investment amount.
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Economy
Politics
Amount of Hundreds of Thousands of Investors in Liquidated Investment Funds Announced
In the impact analysis prepared according to Central Registry Agency data, it was observed that the net investment amount of hundreds of thousands of people in certain funds undergoing liquidation was below 1 million liras.
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Economy
Frequently Asked Questions Regarding the Investor Compensation Center and the Fund Crisis
It was stated that the Investor Compensation Center does not cover the recent fund scandal and individual losses, as the system is designed for financial institutions failing to fulfill their obligations.
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Economy
Lack of Fund Liquidation and Manipulation Provisions in Investor Compensation Center Legislation
According to capital markets experts, fund liquidations and potential manipulation were not taken into account when the Investor Compensation Center was established. Payments to victims of the September 17 fund crisis remain uncertain.
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Economy
