Ukraine’s National Commission on Securities and Stock Market (NSSMC) approved a draft procedure for the temporary appointment of an administrator of a non-state pension fund and adopted a broader package of rule-making, registration and licensing, and supervisory measures, including the termination of Fintime LLC’s licence for professional activities in the capital markets. On rule-making, the NSSMC also approved amendments to its Decision No. 275 of 13 May 2021, updated its 2025 rule-making plan, and cleared two Cabinet of Ministers drafts covering proposals for personal restrictive measures (sanctions) aligned with EU Council acts and a draft letter to the Organisation for Economic Co-operation and Development requesting accession to the OECD Council Recommendation on Competition Assessment. On issuance and fund documentation, it registered the results report for SIROCCO FINANCE LLC’s Series A corporate bonds, approved amendments related to TAS DNIPROVAGONMASH LLC’s Series C and D bonds (where a prospectus was not registered), approved the prospectus for NovaPay Credit LLC’s Series D and E corporate bonds, and registered or updated share issuances and prospectuses for JSC ZNVCIF KRONOS, JSC ZNVCIF VISTOL, PJSC ZNVCIF AKULA, and ZNVCIF TOKUMA. In supervision, it agreed an action plan to improve PJSC Investment Company ROMEX-INVEST’s financial condition, confirmed UCD LLC’s compliance with criteria set in Cabinet of Ministers Resolution No. 76 of 27 January 2023, and amended several NSSMC decisions dated 25 September 2023 (Nos. 1059, 1060, 1063 and 1064). The Commission indicated that the underlying decisions are available online.

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