Affecting 500,000 Investors! The Capital Markets Board (SPK) Announced the Liquidation Schedule for 131 Funds - Sözcü Newspaper.
18 Articles
18 Articles
Breaking news: The Capital Markets Board (SPK) has determined the procedures and principles for the liquidation process of 130 investment funds established by 7 portfolio management companies, including Tera, A1 Capital, and Atlas. As part of this process, the liquidation of the funds will be handled by İş Bankası and Ziraat Bankası...
The Capital Markets Board (SPK) has determined the procedures and principles for the liquidation process of a total of 131 investment funds belonging to 7 portfolio management companies. Ziraat Bank and İş Bank have been authorized for the three-month liquidation period, while the payment method and schedule for transferring investors' receivables to individual custody accounts have also been determined.
The Capital Markets Board (SPK) has finalized the liquidation plan for 131 investment funds belonging to 7 portfolio companies whose operations have ceased, and has given full authority to İş Bankası and Ziraat Bankası to return the funds to their rightful owners.
The Capital Markets Board (SPK) announced that İş Bankası and Ziraat Bankası will manage the liquidation mechanism.
Economy - Following allegations of stock market manipulation, the Capital Markets Board (SPK) liquidated 131 funds held by seven portfolio management companies. The SPK stated that the liquidation process could take more than three months and that it would be carried out by Ziraat Bank and İş Bank.
The Capital Markets Board (SPK) has determined the procedures and principles for the liquidation process of a total of 131 investment funds belonging to 7 portfolio management companies.
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