Turkey's Capital Markets Board (SPK) has approved interim payments for investors in certain funds undergoing liquidation. Investors whose settlements are complete may receive up to 1 million Turkish Lira before the final liquidation process concludes.
The measure covers funds established by Tera, Pusula, Atlas, and Hedef Portfolio. Payments will be based on each investor's net investment amount, as calculated by Turkey's Central Securities Depository.
The decision is part of a broader investigation into investment funds and is intended to provide relief to affected investors while they await the final liquidation proceedings.