The Ukraine National Commission on Securities and Stock Market approved a draft Cabinet of Ministers resolution to amend the government’s November 2024 resolution No. 1318 and adopted a set of licensing, securities registration and supervisory decisions affecting several market participants. Measures included terminating IC BUSINESS-INVEST LLC’s licence for professional activities in the capital markets and approving the list of assets belonging to clients and depositors of FREEDOM FINANCE UKRAINE LLC, which is subject to an “asset blocking” sanction. Other actions covered approval of the appointment of the Chairman of the Board of PJSC “Settlement Center”, registration of a share issue by PJSC “Insurance Guarantees of Ukraine”, and approvals related to the formation of initial authorised capital for JSC “ZNVCIF “BANU”” and JSC “ZNVCIF “ZENIT INVEST””. The Commission also registered changes to the share issue prospectus and related documentation for JSC “ZNVCIF “KINGSTON””, including replacement of the share issue registration certificate for the CIF, and published the relevant decisions.
Ukraine National Commission on Securities and Stock Market 2025-07-01
Ukraine National Commission on Securities and Stock Market terminates IC BUSINESS-INVEST licence and approves asset-blocking list for Freedom Finance Ukraine clients
The Ukraine National Commission on Securities and Stock Market approved amendments to a government resolution and adopted licensing, securities registration, and supervisory decisions affecting market participants. Key actions included terminating IC BUSINESS-INVEST LLC’s capital markets licence and approving asset lists for FREEDOM FINANCE UKRAINE LLC under sanction. Additional approvals involved appointments, share issue registrations, and capital formation for several entities.