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Live Updates  >  Live Update Details

2026-09-21 20:12:10

[Turkey Plans to Establish Pool of Frozen Fund Assets Involving 131 Liquidated Funds] (1) An informed official said that Turkey is considering pooling the assets of funds frozen by regulators to form an asset pool after a series of defaults last week triggered investor panic. (2) The official said the asset pool may include assets held by 131 funds ordered to be liquidated by the Capital Markets Commission. (3) The official also said policymakers are still discussing which agency will be responsible for managing the asset pool. (4) The official said the plan is still in its early stages and may change in the future. (5) The Turkish Ministry of Finance and the regulatory body, the Capital Markets Commission, declined to comment.

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