The Ukraine National Commission on Securities and Stock Market (NSSMC) reported that its committee considered and endorsed a draft decision to amend the procedure for submitting financial statements, with the aim of eliminating double reporting for commodity exchanges. The draft would complete the transition for commodity exchanges from using two financial reporting formats to a single unified XBRL format, with the resulting data available to a wider range of authorised users. The committee supported the draft unanimously via electronic voting, reflecting views and proposals submitted by current market participants. The draft decision is to be submitted to a meeting of the Commission for a vote, approval and publication.
Ukraine National Commission on Securities and Stock Market 2025-10-01
Ukraine National Commission on Securities and Stock Market committee endorses draft changes to end double financial reporting for commodity exchanges
The Ukraine National Commission on Securities and Stock Market endorsed a draft decision to streamline financial reporting for commodity exchanges by transitioning to a single XBRL format. This change aims to eliminate double reporting and make data accessible to more authorised users. The draft will be submitted to the Commission for final approval and publication.