The Ukraine National Commission on Securities and Stock Market (NSSMC) adopted a package of decisions covering rule-making, licensing and supervision of capital market participants, including streamlined requirements for the submission of financial statements and the approval of financial statement disclosure requirements in XBRL format. It also approved the Commission’s certificate on the draft Law of Ukraine “On Investment Funds” (reg. No. 13246) and an action plan to implement the Government of Ukraine and National Bank of Ukraine Letter of Intent dated 21.03.2025 and the Memorandum on Economic and Financial Policy. The NSSMC agreed appointments for a number of officials at professional participants, including at SE FC ZHYTLO-INVEST, LLC AMC OTP CAPITAL, PJSC AMC APF BROKBUSINESSINVEST, BTS BROKER LLC, FC SOKRAT LLC and Ukrainian Universal Exchange LLC. On licensing, it terminated Ukrservice LLC’s license for professional activities in the capital markets, renewed NAFTA-INVEST LLC’s licenses for depository activities (as a depository institution), brokerage and subbrokerage, renewed the license of LLC AMC APF AKTIV PLUS, and extended the period for which a temporary head of a licensee was appointed. On registration matters, it registered collective investment share issues and related prospectuses for JSC ZNVCIF KIT-INVEST, JSC ZNVCIF ARTEL CAPITAL and JSC ZNVCIF AURUM PRIME INVESTMENTS; approved draft charters and share issue registrations to form initial authorised capital for JSC ZNVCIF SORANO, JSC ZNVCIF SARGASS, JSC ZNVCIF EKTIV GROVES CAPITAL UKRAINE and JSC ZNVCIF KIP-FINANCE; and registered a report on the results of the public offering of corporate bonds (series J) by NovaPay Credit LLC. In supervision, the NSSMC amended decisions No. 2633, 405 and 406, prohibited changes to the depository accounting system and transactions relating to the securities of PJSC Promsvyazok, and refused to approve LLC AMC OPIKA-CAPITAL’s action plan to improve its financial condition.
Ukraine National Commission on Securities and Stock Market 2025-06-06
Ukraine National Commission on Securities and Stock Market approves XBRL financial statement disclosure requirements and takes licensing, registration and supervisory actions
The Ukraine National Commission on Securities and Stock Market (NSSMC) adopted decisions on rule-making, licensing, and supervision, including streamlined financial statement requirements and XBRL disclosure approvals. It terminated Ukrservice LLC’s license, renewed licenses for NAFTA-INVEST LLC and LLC AMC APF AKTIV PLUS, and registered share issues and prospectuses for several investment funds. The NSSMC amended certain decisions, prohibited changes to PJSC Promsvyazok's depository system, and rejected LLC AMC OPIKA-CAPITAL’s financial improvement plan.