Investment Funds News
Turkey’s regulator clarifies fund settlement rules
Turkey’s Capital Markets Board said a sale instruction or account record alone does not mean settlement has begun. Completed settlements are unaffected; instructions still awaiting settlement may be included in liquidation to support fair distribution of fund assets.
Turkey Parliament Adds Blocked Transactions to Fund Bill
Turkey’s Parliament accepted an AK Party amendment to the investment fund bill, adding blocked transactions to the scope of liquidation.
Parliament Moves Up Debate on Investment Fund Bill
Turkey’s Parliament has moved up plenary debate on a bill concerning certain investment funds ordered to be liquidated.
Turkey Plans Extraordinary Liquidations of Troubled Funds
Turkey cuts funds in liquidation from 131 to 65
BIST 100 Falls 4.44% as Gold and Currencies Rise
