Following MSCI’s warning and freezing of Türkiye’s decisions, a new statement came from Vice President Cevdet Yılmaz. Yılmaz said, “Preparations for the Bill, which envisages structural improvements in our capital markets, are continuing comprehensively.” he used his words
Emphasizing that the necessary steps continue to be taken regarding problematic funds, Yılmaz said that the necessary administrative steps have been taken to prevent the same events from occurring again in the capital markets.
Yılmaz’s statement is as follows:
“Necessary steps are being taken regarding problematic funds. The process will accelerate further after the Bill, which is expected to be discussed in our Parliament next week.
On the one hand, the structure of our capital markets is strengthened by liquidating problematic funds through ordinary and extraordinary methods, and on the other hand, the necessary administrative steps are taken to prevent similar problems from occurring again.
Preparations for the Bill, which envisages structural improvements regarding our capital markets in the coming period, are also continuing comprehensively. “We will continue to strengthen the capital markets, which we see as an important element of our development policies, with administrative decisions and legal regulations within the framework of international standards.”
