Treasury and Finance Minister Mehmet Şimşek said that the legal process against those involved in market-distorting transactions is ongoing. Şimşek said that no action would be taken against individuals and companies unrelated to these activities, and stated that the legitimate rights of fund investors were being protected in coordination with the Ministry of Justice. He said that necessary measures would be taken, particularly to provide the liquidity the market needs, to prevent adverse effects on the financial system and the real economy.
Why it matters
This framework shows that the scope of the investigation will distinguish between those involved in market-distorting transactions and individuals and companies with no connection to them. This distinction is important for fund investors to ensure that the legal review does not directly cause harm and that legitimate rights are protected. The coordination with the Ministry of Justice demonstrates that the issue is being addressed not only in terms of market oversight, but also with regard to the legal process and investor rights. The emphasis on liquidity measures shows that preventing the financial system and the real economy from being affected is one of the main concerns during the investigation process. However, it has not been explained which transactions will be considered market-distorting, how unrelated individuals and companies will be distinguished, or under what conditions the measures will be implemented.