AK Party's fund liquidation bill opened for signatures

The AK Party's bill on fund liquidation has been opened for signatures. The 11-article bill is expected to be submitted to the Turkish parliament's speakership this week.

Under the liquidation, the assets of 455,578 investors of up to 1 million lira will be assessed, and those with less than that amount in the funds will be paid an inflation adjustment. The Capital Markets Board (SPK) had decided on Sept. 17 to liquidate 131 mutual funds belonging to seven portfolio management companies.

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7 Oct 2026 19:48 AK Party's fund liquidation bill opened for signatures The AK Party's bill on fund liquidation has been opened for signatures. The 11-article bill is expected to be submitted to the Turkish parliament's speakership this week.

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