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Every day's summary · 18 September 2026

Published Updated

as of 23:45

Friday, 18 September, Türkiye's Agenda: Market volatility and judicial files

The Capital Markets Board (SPK) assigned İş Bank and Ziraat Bank to liquidate 130 funds belonging to seven portfolio companies; the BIST 100 closed the week at 13,284 points, down 8.18%. Justice Minister Akın Gürlek announced that 20 people were arrested in investigations into manipulative transactions and that 51 people were banned from traveling abroad.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberBloomberg HTBloomberg HTAykırıAykırıAl-MonitorAl-Monitor+29

In the judicial agenda, four people were referred to Silivri Courthouse in the investigation into former intelligence agency MİT official Kaşif Kozinoğlu. The Istanbul 33rd Heavy Penal Court accepted the additional indictment of 29 people, including arrested President Ekrem İmamoğlu, in the investigation into Istanbul Metropolitan Municipality (İBB) subsidiaries, merging it with the main case; the number of defendants rose to 435.TRT Haber (manşet)TRT Haber (manşet)A HaberA HaberCNN TürkCNN TürkBianetBianetAykırıAykırıBBC TürkçeBBC Türkçe+35

In foreign policy, US Ambassador to Ankara Tom Barrack announced that President Recep Tayyip Erdoğan and US President Donald Trump will meet in New York.A HaberA Haber

4 updates

Earlier versions of this note

Market volatility and judicial files dominate the daytitle updated

The Capital Markets Board (SPK) assigned İş Bankası and Ziraat Bankası to liquidate 130 funds belonging to seven portfolio management companies; the Treasury and Finance Ministry convened the Financial Stability Committee. BIST 100 closed the week down 8.18% at 13,284 points.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberBloomberg HTBloomberg HTBirGünBirGünBBC TürkçeBBC Türkçe+19

On the judicial agenda, four people were referred to Silivri Courthouse in the investigation into former intelligence agency MİT operative Kaşif Kozinoğlu. Meanwhile, Istanbul's 33rd High Criminal Court accepted a supplementary indictment naming 29 people—including detained Mayor Ekrem İmamoğlu—in the investigation into an Istanbul Metropolitan Municipality (İBB) subsidiary, and merged it with the main case involving 414 defendants.TRT Haber (manşet)TRT Haber (manşet)A HaberA HaberCNN TürkCNN TürkBianetBianetAykırıAykırıBBC TürkçeBBC Türkçe+35

On foreign policy, U.S. Ambassador to Ankara Tom Barrack announced that Erdoğan and Trump would meet in New York. Sources diverged on detention figures: the investigation targeting celebrities was reported to involve between 15 and 21 detentions, while the forex investigation figure was given as either 174 or 191.TRT HaberTRT HaberA HaberA HaberCNN TürkCNN TürkAjanssporAjanssporAykırıAykırıEuronews TürkçeEuronews Türkçe+31

Market volatility and judicial files dominate the day

The Capital Markets Board (SPK) assigned İş Bankası and Ziraat Bankası to liquidate 130 funds belonging to seven portfolio management companies; the Treasury and Finance Ministry convened the Financial Stability Committee. BIST 100 closed the week down 8.18% at 13,284 points.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberBloomberg HTBloomberg HTBirGünBirGünBBC TürkçeBBC Türkçe+19

On the judicial agenda, four people were referred to Silivri Courthouse in the investigation into former intelligence agency MİT official Kaşif Kozinoğlu. The Istanbul Chief Public Prosecutor's Office prepared a 195-page supplementary indictment against 29 suspects in the İstanbul Metropolitan Municipality (İBB) subsidiary investigation.TRT Haber (manşet)TRT Haber (manşet)A HaberA HaberCNN TürkCNN TürkBianetBianetAykırıAykırıBBC TürkçeBBC Türkçe+35

In foreign policy, U.S. Ambassador to Ankara Tom Barrack announced that Erdoğan and Trump would meet in New York. Detention figures diverged across sources: the investigation into celebrities was reported as involving between 15 and 20 people, while the forex investigation was reported as involving either 174 or 191 people.TRT HaberTRT HaberA HaberA HaberCNN TürkCNN TürkAjanssporAjanssporAykırıAykırıEuronews TürkçeEuronews Türkçe+31

Fund liquidation, capital markets investigations and judicial filestitle updated

The SPK assigned İş Bankası and Ziraat Bankası to oversee the liquidation of 131 funds belonging to seven portfolio management companies; as the crisis grew, it convened the Treasury's Financial Stability Committee, the TCMB increased repo funding and sold foreign currency. Justice Minister Yılmaz Tunç announced that 20 people had been arrested in investigations into manipulative transactions.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberBloomberg HTBloomberg HTAykırıAykırıAl-MonitorAl-Monitor+29

In politics, a court lifted the interim measures related to CHP Istanbul, while the exam authority ÖSYM's higher education counterpart YÖK asked universities to cover the "Terror-Free Türkiye" goal in their first lecture. U.S. Ambassador to Ankara Tom Barrack announced that Erdoğan and Trump would meet in New York.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberA HaberA HaberDikenDikenAykırıAykırıIndependent TürkçeIndependent Türkçe+17

Outlets gave differing information on the scope of the fund liquidation and on the number of detentions and addresses in the forex investigation. Emphasis in two investigations concerning well-known figures also varied according to each outlet's editorial line.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberAjanssporAjanssporAykırıAykırıBBC TürkçeBBC Türkçe+41

Fund liquidation, capital markets investigations and judicial files

The Capital Markets Board (SPK) assigned İş Bankası and Ziraat Bankası to liquidate 130 funds belonging to seven portfolio management companies. Justice Minister Akın Gürlek announced that 20 people were arrested in manipulative trading investigations.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberBloomberg HTBloomberg HTAykırıAykırıAl-MonitorAl-Monitor+26

On the political front, a court lifted the injunctions concerning CHP Istanbul, while the Council of Higher Education (YÖK) asked universities to cover the "Terror-Free Türkiye" goal in their first class session. US Ambassador to Ankara Tom Barrack announced that Erdoğan and Trump would meet in New York.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberA HaberA HaberDikenDikenAykırıAykırıIndependent TürkçeIndependent Türkçe+17

Outlets gave differing information on the scope of the fund liquidation and on the number of detentions and addresses in the forex investigation. Emphases also varied by outlet in two investigations involving well-known figures.Anadolu Ajansı (ekonomi)Anadolu Ajansı (ekonomi)TRT HaberTRT HaberA HaberA HaberAjanssporAjanssporAykırıAykırıBBC TürkçeBBC Türkçe+41

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