The 6th meeting of the Fund Board was held

The following statements were used in the statement made by the Directorate of Communications:

"The Sixth Fund Board Meeting was held under the chairmanship of our Vice President. The Ministry of Justice, the Ministry of Treasury and Finance and the relevant institutions and organizations of these ministries attended the meeting. The Law Proposal, which will ensure that the liquidation process of some investment funds decided to be liquidated by the Capital Markets Board, based on the previous Fund Coordination Board decisions, is carried out in a fair, transparent and effective manner and the payments are provided with legal assurance, was accepted by the GNAT Planning and Budget Commission on 14.10.2026.

The proposal is expected to be discussed at the General Assembly next week. In addition to the current bill accepted by the Planning and Budget Commission, the Fund Coordination Board has brought to the agenda the first evaluations of a new draft regulation that envisages permanent and comprehensive changes in the Capital Markets Law in order to eliminate structural problems in the capital markets, strengthen regulatory and supervisory mechanisms, and increase the deterrence of sanctions and penalties.

On the other hand, from the beginning of the liquidation process to today; A1 Portfolio Management Company Inc., Bulls Portfolio Management Company Inc. Ziraat Bank has completed liquidation transactions in kind and in cash for a total of approximately 40.8 Billion TL for more than 45 thousand people in 66 separate investment funds managed by Ziraat Bank. Thus, the number of funds in the liquidation process decreased from 131 to 65.

In addition, with the decision of the CMB dated 15.10.2026, it was decided that the liquidation procedures regarding the funds founded by Hedef Portföy Yönetimi A.Ş. will be subject to the principles determined for the funds founded by these 3 portfolio management companies. "In this context, it is planned to make payments to the maximum number of people next week, especially those in money market funds."