Politics · Turkey · 2 days ago
Turkey proposes rules to repay investors in funds being liquidated
Turkey’s governing AK Party has submitted a nine-article bill to parliament on winding up certain investment funds and paying their investors.
The proposal covers funds ordered into liquidation by the Capital Markets Board on 17 September 2026, if their liquidation is still incomplete when the law takes effect.
It aims to identify the rightful fund owners, assess and sell fund assets, and recover money that was improperly taken from the funds.
Investors could receive an interim payment of up to 1 million lira each, depending on their net investment and the cash available; this is not a guaranteed payment or final compensation.
The bill says the payments would come from fund assets and recovered money, not public or Treasury funds.
The Capital Markets Board would oversee the process, while the Savings Deposit Insurance Fund would pursue collections from people or companies found responsible.
Recovered money would be kept separately for each fund and used only for payments to that fund’s investors.
If parliament passes the bill, the proposed rules would provide a legal framework for the remaining liquidations and payments.
Turkey’s ruling AK Party submitted a bill to parliament on 9 October 2026 to govern the liquidation of certain investment funds and payments to investors.
The proposal would allow interim payments of up to 1 million lira per investor, subject to eligibility and available funds.
The measure is intended to cover funds ordered into liquidation under Capital Markets Board decisions dated 17 September 2026 that have not completed liquidation when the law is published.
The proposal says no public or Treasury funds would be used for investor payments.
It also sets out ways to recover assets removed from funds unlawfully and to pursue people and companies held responsible for losses.
- Who
- The AK Party submitted the bill; it concerns eligible investors in certain investment funds.
- What
- The proposal sets rules for fund liquidation, recovery of assets and investor payments, including interim payments of up to 1 million lira per investor.
- When
- The bill was submitted on 9 October 2026. It covers funds subject to Capital Markets Board decisions dated 17 September 2026 that are not fully liquidated when the law is published.
- Where
- Turkey’s Grand National Assembly.
- Why
- To establish a legal framework for determining fund assets and rightful investors, recovering assets removed unlawfully, and distributing proceeds.
This story does not have two clearly opposing sides.
Tasfiyedeki fonların büyüklüğü hanehalkımızın finansal varlıklarının sadece 2,4'üne denk gelmektedir.
Bu tutar herkese koşulsuz veya peşin ödenecek bir meblağ ya da nihai bir tazminat vaadi değildir.
Tasfiye sürecinde asla ve kesin şekilde kamu kaynağı kullanılmayacak ve izin verilmeyecek.
Yatırımcılarımızın mağduriyetini önleyen 1 milyon lira ara ödeme imkanı sağlıyoruz.
The Capital Markets Board issued decisions ordering certain investment funds into liquidation.
The AK Party submitted the fund liquidation and payment bill to parliament.
A Fund Coordination Board meeting reviewed technical preparations for interim payments of up to 1 million lira.
- Maximum interim payment
- 1 million lira per eligible investor
- Bill length
- 9 articles
- Funds covered
- Funds ordered into liquidation under Capital Markets Board decisions dated 17 September 2026 and not fully liquidated when the law is published
- Fund liquidation scale
- 131 investment funds, according to the bill’s general justification
- Investors affected
- 455,578, according to Habertürk
- Public funding
- None is to be used for investor payments
Sources
Fon yasası teklifi Meclis’e sunuldu: Kamu kaynağı yok, cebri tahsilat var
Fonların ödenmesine ve tasfiyesine ilişkin kanun teklifi Meclis'te
Fon tasfiyesine ilişkin kanun teklifi TBMM'ye sunuldu! AK Parti Grup Başkanı Abdullah Güler: Kamu kaynağı kullanılmayacak
Fonlarla ilgili kritik düzenleme teklifi Meclis'e geliyor
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