The financial impact of the bill regarding some investment funds that were decided to be liquidated was analyzed

According to the compilation made by the AA correspondent from the impact analysis, the aim of the bill is to liquidate these funds in a fair, transparent and effective manner, without using public resources and budget facilities in terms of payments to be made to fund shareholders, to recover the values ​​illegally removed from the fund assets, to collect the damage or loss from those responsible and to deliver the obtained values ​​to the fund shareholders.

In the impact analysis, it was stated that with the decisions of the Capital Markets Board dated September 17, 2026, it was decided to liquidate a total of 131 funds founded by A1 Capital Portföy Yönetimi AŞ, Atlas Portföy Yönetimi AŞ, Bulls Portföy Yönetimi AŞ, Hedef Portföy Yönetimi AŞ, Pardus Portföy Yönetimi AŞ, Pusula Portföy Yönetimi AŞ and Tera Portföy Yönetimi AŞ.

According to Central Registry Agency (MKK) data, it was stated that the number of unique investors in these funds was 455 thousand 758 people as of September 17, 2026, and 131 funds in liquidation constituted 4.6 percent of the total number of funds and 7.7 percent of the total portfolio value.

In the impact analysis, it was stated that the process in question was experienced in a limited area of ​​the fund market, and it was emphasized that the liquidation processes would be carried out without placing a burden on the public budget.

In the analyzes made by MKK as of September 17, 2026, Atlas Portföy Yönetimi AŞ, Hedef Portföy Yönetimi AŞ, Tera Portföy Yönetimi AŞ. and Pusula Portföy Yönetimi AŞ, founded by Pusula Portföy Yönetimi AŞ, stated that the net investment amount of approximately 199 thousand of the investors in non-hedge funds with the word money market in their title was below 1 million lira, and that the net investment amount of approximately 341 thousand of the investors with the word free in their title and included in stock funds was below 1 million lira. "A criminal complaint has been filed. By allowing the receivables to be determined by the Board to be monitored and collected through SDIF, it is aimed to increase the liquidation resources of the funds, reduce the unmet receivables of investors and leave the economic consequences arising from unlawful transactions on those responsible." statements were included.

According to the notifications made to the CMB, the impact analysis stated that the Istanbul Chief Public Prosecutor's Office has implemented confiscation measures against 189 people. The Capital Markets Board and the Investor Compensation Center (YTM) are following approximately 1500 pending case files, and the number of possible cases is expected to reach at least 10 times the currently followed cases. Since process follow-up is not possible with the current personnel staff, it is envisaged to outsource services from the Board's own budget, if necessary.