Ukraine’s National Commission on Securities and Stock Market reported progress on measures intended to enable the return of funds and securities to clients of the sanctioned professional participant Freedom Finance Ukraine LLC, indicating that around 70% of the required steps have been implemented and that two-thirds of the necessary regulatory changes have been adopted. At its most recent meeting, the Commission approved a Procedure for Forming a List of Assets of Clients of a Sanctioned Professional Participant and sent it for adjustment and state registration. In parallel, operational work continues to build a database of client assets. The next stages are approval of the asset list and the launch of a direct asset return procedure, with both steps planned to run in parallel to speed up the process.
Ukraine National Commission on Securities and Stock Market 2025-05-14
Ukraine National Commission on Securities and Stock Market approves procedure to compile client asset list for sanctioned Freedom Finance Ukraine and moves toward asset return
Ukraine's National Commission on Securities and Stock Market reported that about 70% of measures to return funds and securities to clients of the sanctioned Freedom Finance Ukraine LLC have been implemented, with two-thirds of regulatory changes adopted. The Commission approved a Procedure for Forming a List of Assets of Clients and is building a database of client assets. Next steps include approving the asset list and launching a direct asset return procedure.