The Ukraine National Commission on Securities and Stock Market has publicly presented the concept for a draft Law of Ukraine “On Financial Markets Infrastructure” and discussed it with market participants. The concept sets out an approach to modernising Ukraine’s capital markets infrastructure and aligning it with a European model. The proposed framework covers rules for settlement systems for financial instrument transactions, development of clearing infrastructure, the roles and operations of the central securities depository and central counterparties, and modern risk management mechanisms. The draft is being prepared as part of harmonising Ukrainian legislation with European Union law on capital markets infrastructure, including areas such as settlement finality, financial collateral, derivatives clearing and central securities depositories. Market participants can submit comments and proposals on the concept by 27 March, after which the Commission plans to refine the document and proceed to drafting the bill text.
Ukraine National Commission on Securities and Stock Market 2026-03-13
Ukraine National Commission on Securities and Stock Market presents concept for new financial markets infrastructure law and opens market feedback window
The Ukraine National Commission on Securities and Stock Market has unveiled a concept for the draft Law of Ukraine “On Financial Markets Infrastructure” to modernize capital markets infrastructure in line with European models. The framework addresses settlement systems, clearing infrastructure, central securities depository roles, and risk management mechanisms, aligning with EU law. Market participants are invited to provide feedback before the Commission finalizes the draft.