Turkey's Communications Directorate has issued a statement spelling out the next steps in the fund investigation. The update follows a meeting in which President Recep Tayyip Erdogan gathered his economic team and senior executives from the relevant institutions. According to the directorate, a Fund Coordination Board has been created under the Vice President to handle overall coordination. Its purpose is to ensure the liquidation process moves forward quickly while investors' legitimate rights and the public interest stay protected. The Capital Markets Board will organize payments, directing them to investors whose entitlement reconciliation has been completed. Those payouts will be sized according to the asset and liquidity position of each fund under liquidation. Officials presented the roadmap as the working plan for resolving the affair.