Statement from SEDDK regarding the allegations against it
Insurance and Private Pension Regulation and Supervision Agency (SEDDK) stated that the posts intended to mislead the public about the institution are unfounded.
Quick Look
- SEDDK stated that legal action will be initiated regarding the slander and unfounded allegations made about the institution.
- In the statement, it was stated that the findings were reported in less than a week and the reasons behind the scribbles were investigated.
AI-generated summary
Why It Matters
SEDDK stated that it carries out a financial resilience and market discipline program.
In its press release, SEDDK stated that slanderous posts were made about the institution with the aim of misleading the public and stated that the allegations were completely unfounded and had no legal or factual basis.
In the statement, it was stated that financial institutions, which play a major role in the negative developments in the capital markets, were prevented from entering the insurance sector, thus preventing the problems from spreading to the insurance sector and growing in other areas.
DETECTIONS WERE REPORTED IN LESS THAN A WEEK
In the statement, it was stated that most of the losses detected in the companies mentioned in the misleading posts occurred at the end of September, and that these losses were simultaneously monitored by the institution and subject to audit. It was stated that the findings in question were reported and forwarded to the relevant institutions and judicial authorities in less than a week.
It was reminded that the audit activities and findings of the institution were also included in the special situation statement sent by the relevant company to the Public Disclosure Platform (KAP) on October 30, 2026.
It was stated that the institution was informed that various measures, from investment policies to internal audit, were taken in the relevant companies in line with the audit report and directives.
LEGAL PROCESS WILL BE STARTED
SEDDK emphasized that all necessary procedures were carried out without delay within the framework of its duties and authority determined by the legislation. It was reported that legal action will be initiated against those who make unfounded accusations aimed at discrediting the institution and the insurance industry, and the process will be followed sensitively.
THE REASONS BEHIND THE SHARES ARE BEING INVESTIGATED
In the statement, it was also stated that who was behind the smears in question was being investigated. It was noted that it was examined whether these initiatives were supported by people who could not enter the sector or were expelled from the sector due to the "financial resilience and market discipline program" carried out by the institution for the last three years, by those who were disturbed by the rating improvements of international credit rating agencies, or by those affected by the fight against damage gangs against citizens.
What to Watch
AI outlook — possibilities, not facts
Legal proceedings will be initiated by SEDDK against those who make unfounded accusations.
Very likely · Within weeks
Open Questions
- Which people will the legal process target?
- Who is the focus behind the scribbles?
