The Investor Compensation Center (YTM) has published an announcement regarding the process for compensating investors of Tera Yatırım Menkul Değerler AŞ. The statement indicated that applications will be accepted in accordance with the principles to be specified in announcements made on the YTM website and through relevant channels.
The announcement recalled that the Capital Markets Board (SPK), in its bulletin dated October 27, 2026, and numbered 2026/77, decided to revoke all operating licenses and authorization certificates of Tera Yatırım, to compensate its investors, and to initiate the gradual liquidation of the company.
YTM announced that as of October 27, 2026, the duties and powers of the brokerage firm's legal bodies will be exercised by the center until the liquidation is concluded.
APPLICATION AND PAYMENT PROCESS
According to the statement, the scope of compensation will consist of claims arising from the failure to fulfill obligations regarding cash payments and the delivery of capital market instruments that belong to investors and are held or managed by the investment firm on behalf of the investor in connection with investment services or ancillary services.
It was stated that compensation claims can be submitted according to the procedures and principles determined in the announcements to be made on the YTM website at “www.ytm.gov.tr”. It was noted that the application form will also be published on the same website.
A schedule of creditors will be prepared by the YTM for the cash payments and capital market instrument deliveries to be made. Interested parties may object to their own claims in the schedule of creditors within 30 days from the date of announcement.
It was stated that the application principles regarding claims not included in the schedule of creditors will also be announced to the public via the YTM website and relevant channels.
The announcement stated that payments within the scope of compensation will be made within 3 months following the date the schedule of creditors is announced; in mandatory cases, this period may be extended by a maximum of 3 more months with SPK approval. It was also announced that no interest will be applied to cash claims for the period between the compensation decision date and the payment date.
YTM informed investors who do not submit their application forms in accordance with the determined principles that no payments will be made until the deficiencies in the form are corrected. It was noted that new announcements regarding the process can be followed on the official YTM website.
News Source: 12punto
