The Ukraine National Commission on Securities and Stock Market published a package of key decisions spanning rulemaking, supervision and licensing, including approval of a concept for a draft Law on Financial Market Infrastructure, amendments to XBRL-format financial reporting disclosure requirements for capital market and organised commodity market participants, and a resolution setting restrictions for securities of collective investment institutions. The Commission also approved a decision on special aspects of executing transactions involving Ukraine’s external state borrowing bonds during martial law. Supporting measures included approval of Commission notes on several draft laws, including on out-of-court consumer dispute resolution, amendments to the Civil Code, governance of certain locally owned legal entities, a draft law on the joint-stock company “Eastern Mining and Processing Plant”, and amendments aimed at alignment with European Union law and the European Payments Council’s criteria for Ukraine’s accession to the Single Euro Payments Area. Supervisory actions covered an update to the list of client/depositor assets (including cash) at LLC “FREEDOM FINANCE UKRAINE” subject to an asset-blocking sanction. The Commission also processed a broad set of registration and licensing actions, including registrations and updates for equity and bond issues and investment fund prospectuses (including NovaPay Credit corporate bonds), changes to the register of professional participants, cancellation of registrations for an investment certificate programme, approval of an intended acquisition of significant participation in a professional participant, confirmation that two financial companies meet criteria set by a Cabinet of Ministers resolution, and approvals for appointments to compliance, risk management, internal audit, financial monitoring and supervisory board roles.
Ukraine National Commission on Securities and Stock Market 2026-04-16
Ukraine National Commission on Securities and Stock Market approves financial market infrastructure law concept and revises XBRL reporting requirements
The Ukraine National Commission on Securities and Stock Market adopted a wide-ranging package of decisions on rulemaking, supervision and licensing, including a concept for a draft Law on Financial Market Infrastructure, changes to XBRL financial reporting disclosure requirements, restrictions on securities of collective investment institutions, and special rules for transactions in Ukraine’s external state borrowing bonds during martial law. It also endorsed positions on several draft laws, updated the list of assets at LLC “FREEDOM FINANCE UKRAINE” subject to sanctions, and processed multiple approvals for securities issuers, investment funds and professional market participants.