Fund Coordination Board

The Fund Coordination Committee is a committee established to coordinate investor payments for liquidated funds. The committee convenes under the chairmanship of the Vice President.

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30 Sept 2 Oct

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Fund Coordination Board reviewed fund payment schedule

The Fund Coordination Board, in its second meeting, reviewed the payment schedule for fund accounts and how the net investment amount will be calculated. The Directorate of Communications said care was taken to avoid imposing an additional burden on citizens in the regulations.

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Economy Updated 2 Oct, 13:45

Fund Coordination Board to assess extra measures tomorrow

Vice President Cevdet Yılmaz said the Fund Coordination Board will assess additional measures at its second meeting tomorrow. Yılmaz said a separate account was opened within the Savings Deposit Insurance Fund (TMSF) for each troubled fund.

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Economy Updated 1 Oct, 21:10

Fund Coordination Board set up in fund probe

After the meeting chaired by President Recep Tayyip Erdoğan, a Fund Coordination Board led by the Vice President was set up for investor payments from liquidated funds. The State Supervisory Council also launched a review of investment fund transactions.