Bill Proposed to Offer Advance Payments to Liquidation Fund Investors

Abdullah Güler, the parliamentary leader of the Justice and Development Party, stated that a bill is being considered that could allow approximately 350,000 investors in funds under liquidation to recover their net principal through advance payments. Under the proposal, investors whose net investment is below 1 million Turkish Liras could receive that amount, while others could receive an advance capped at 1 million Turkish Liras. The bill also addresses responsibility for losses caused by unlawful transfers of fund assets.

The proposal outlines a mechanism for investors to receive partial recovery from liquidated funds, with no public funds being used for the payments. The Capital Markets Board (SPK) could prioritize investors with the smallest balances or set a common minimum advance if available cash is insufficient. Final repayment calculations would adjust for inflation through the liquidation date.