Ukraine's National Commission on Securities and Stock Market discussed options to strengthen its independence and institutional capacity at a Paris workshop held during a meeting of the Organisation for Economic Co-operation and Development (OECD) Corporate Governance Committee. Discussions focused on continuity of leadership and decision making, operational and financial autonomy, and safeguards against conflicts of interest.
Earlier legislation expanded the commission's powers, and a competitive procedure for appointing its chair and members was introduced in 2026. The next stage of reform concerns enabling the regulator to exercise those powers through adequate, predictable funding, stronger staffing and technology, and protection from undue influence. Participants examined appointment procedures, members' terms and arrangements to maintain decision making when positions are vacant. They also considered funding and management structures, safeguards for supervisory, licensing and sanctions decisions, and conflict controls that combine regulatory independence with public accountability.
Planned follow-up includes identifying measures that could be implemented in the near term and priorities for reform over longer periods. Workshop findings will inform an OECD thematic study intended to develop practical recommendations tailored to Ukraine's capital market, legislation and wartime conditions.