The Ukraine National Commission on Securities and Stock Market held a meeting with the European Bank for Reconstruction and Development to discuss the integration of capital market systems and services and to review progress under the EBRD initiative to integrate capital market infrastructure, including legislative and regulatory reform projects. The Commission set out issues encountered in implementing the reforms and possible approaches to strengthen regulatory effectiveness and align standards with international practice. Topics included plans for individual investment accounts modelled on EU practice, development of secured bond instruments and securitisation, introduction of ESG bond regulation, and further approximation of Ukrainian legislation to EU law, alongside potential incentive mechanisms to support domestic local bond issuance and initial public offerings.

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