Market Intelligence

Law No. 7596 on Certain Investment Funds Subject to Liquidation (“Law”), published in the Official Gazette dated 27.10.2026 and numbered 33413, introduces special provisions governing the liquidation of certain investment funds pursuant to the decisions of the Capital Markets Board of Türkiye (“Board”) dated 17.09.2026, payments to fund unit holders, the recovery of assets unlawfully removed from fund portfolios, and enforcement proceedings against persons responsible for losses incurred by the funds.

Eylül 2026’daki fon krizinden bu yana paralarına erişemeyen yatırımcılara yapılacak ödemelere ilişkin ilk kanuni düzenleme, 27 Ekim 2026 tarihli ve 33413 sayılı Resmî Gazete’de yayımlanan 7596 sayılı Tasfiyesine Karar Verilen Bazı Yatırım Fonları Hakkında Kanun ile getirilmiştir.

Law No. 7596 on Certain Investment Funds Ordered into Liquidation, published in the Official Gazette of 27 October 2026 (issue 33413), is the first legislation on payments to investors who have been unable to reach their money since the fund crisis of September 2026. It governs how payments are calculated in the funds that the Capital Markets Board (SPK) ordered into liquidation on 17 September 2026, how assets unlawfully taken out of those funds are recovered and how fund losses are collected from those responsible. On the same day, by decision 76/1903, the SPK set out in which funds, in what order and within what limits interim payments will be made before the liquidation is completed.

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