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Coordination Council meets sixth time; 40.8 billion lira paid to over 45,000 people

The sixth Coordination Council meeting addressed investment fund liquidations and a new draft amendment to the Capital Markets Law.

Sources: NTV, Mardin Life, Yüksekova Haber, Sonsöz Gazetesi4 sources ↓|· 1 min read
Coordination Council meets sixth time; 40.8 billion lira paid to over 45,000 people
Photo: NTV

KEY POINTS

  • Sixth Fund Coordination Council meeting chaired by Vice President Cevdet Yılmaz
  • Approximately 40.8 billion lira paid to over 45,000 people across 66 funds
  • Number of funds in liquidation decreased from 131 to 65
  • Bill accepted by TBMM Plan and Budget Commission on October 14, 2026
  • New draft regulation on Capital Markets Law under initial assessment

The sixth meeting of the Fund Coordination Council was held under the chairmanship of Vice President Cevdet Yılmaz. Representatives from the Ministry of Justice, the Ministry of Treasury and Finance, and related institutions attended.

The council discussed liquidation processes for investment funds decided by the Capital Markets Board and payments to investors. A bill aiming to ensure fair, transparent, and efficient processes and legal guarantees for payments was accepted by the TBMM Plan and Budget Commission on October 14, 2026.

“The number of funds in liquidation fell from 131 to 65.”

— Communication Directorate

The bill is expected to be discussed in the General Assembly next week. The council also made initial assessments on a new draft regulation proposing permanent and comprehensive changes to the Capital Markets Law.

Ziraat Bankası completed approximately 40.8 billion lira in cash and in-kind liquidation payments for over 45,000 people across 66 investment funds managed by A1, Bulls, and Pardus Portfolio Management Companies. The number of funds in liquidation fell from 131 to 65.

Payments to as many people as possible, especially those invested in money market funds, are planned for next week.

READ THE FULL STORYat NTV

3 more sources below

TOPICS

#Economy#Investment#Budget

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