SPK Introduces 'Interim Payment' Regulation for Fund Victims: Upper Limit 1 Million TL.
27 Articles
27 Articles
A new regulation has been introduced regarding investor payments in some funds undergoing liquidation as part of the fund investigation. According to the decision of the Capital Markets Board (SPK), investors whose settlements have been completed can receive interim payments of up to 1 million TL before the final liquidation payment is made.
The Capital Markets Board (SPK), in a bulletin published at midnight, decided on interim payments for 131 investment funds belonging to 7 companies that have been ordered liquidated. In the transactions that will begin in October, investors will receive payments equal to their principal amount. Those with investments under 1 million TL will receive their full amount.
Breaking news... The Capital Markets Board (SPK) has decided to make interim payments to investors in the funds established by Tera, Pusula, Atlas, and Hedef Portfolio, which are currently undergoing liquidation, without waiting for the final liquidation. Payments will be determined based on investors' net investment amount. Capital Markets Board...
Investors with net holdings of less than £1 million will be entitled to an interim payment equal to the amount of their investment.
The Capital Markets Board (SPK) has decided to make interim payments to all unit holders in the funds established by Tera, Pusula, Atlas, and Hedef Portfolio Management Inc., which are currently undergoing liquidation, as a down payment towards the payments they will be entitled to upon liquidation. The SPK's decision regarding interim payments to unit holders was first reported on HaberX.
The Capital Markets Board (SPK) has decided to make interim payments to all shareholders of Tera, Pusula, Atlas, and Hedef Portfolio Management Inc., whose shares have been reconciled in the funds established by them and currently undergoing liquidation, as a deduction from the payments they will be entitled to upon liquidation. The SPK bulletin announced the application results, administrative fines, other sanctions and measures, and new policy…
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