The Investor Protection Fund was established to cover stock delivery and cash payment obligations that may arise from transactions in stocks of intermediary institutions and banks for which an administrative liquidation or bankruptcy decision is made by an amendment to the Capital Market Law in 1999.

When an administrative liquidation decision is made by the Capital Market Board and when you cannot return your investment instruments or money, you are entitled to make a claim for compensation to the IPF.

Stocks and cash arising from stock transactions are covered by the Fund. Investors, whose stocks in custody accounts or cash arising from stock transactions were misappropriated by an intermediary institution are compensated by the Fund up until TL 63,701 (The value is set for the year 2010 and revalued each year with reference to “revaluation coefficient” released by the Ministry of Finance).

All intermediary institutions are required to participate in IPF.

Compensation is provided by Fund only when an administrative liquidation decision is made for an intermediary institution by CMB or a bankruptcy decision is made for an intermediary institution by the court.

We will provide a claim form to all investors with a failed firm. We will also give them instructions about how to fill in the form and where to send it when they have done so.

If you want to make a claim, you can also ask us directly for a claim form.

The Investor Protection Fund guarantees the payment of a maximum amount of TL 63,701 for 2011 per investor (~31.000€) .