The Ukraine National Commission on Securities and Stock Market has developed a draft law to simplify the registration of nonpublic share issues and shift part of the process to the Central Securities Depository. The proposal would apply in specified cases, chiefly private placements to a predetermined group of investors where the number of nonqualified investors does not exceed 150 and settlements are made only in cash. The aim is to reduce issuance timelines and administrative burden for companies raising capital. Under the proposal, a larger share of issuance procedures would be handled through the Central Securities Depository under a single-window model, rather than requiring companies to deal separately with the commission, the depository and state registrars. The draft law also allows documents for the state registration of joint-stock companies and for changes to their share capital to be filed electronically through the depository. The commission said the approach reflects practices used in several European Union countries, including Germany, France and Italy, and does not require additional state budget spending.
Ukraine National Commission on Securities and Stock Market2026-06-17
Ukraine National Commission on Securities and Stock Market proposes bill to simplify nonpublic share issue registration through the central depository
The Ukraine National Commission on Securities and Stock Market has prepared a draft law to simplify registration of nonpublic share issues. In specified private placements, the Central Securities Depository would handle registration and related filings under a single-window model, including electronic submissions for company registration and share capital changes. The proposal targets placements to predefined investors with no more than 150 nonqualified investors and cash-only settlement.