Ukraine's National Securities and Stock Market Commission reported that Parliament’s Finance, Tax and Customs Policy Committee has recommended an amended securitization and covered bonds bill for second reading. The legislation would introduce these structured finance instruments in Ukraine, support long-term financing and bring the country’s capital markets framework closer to European Union rules. Parliament approved the bill at first reading on June 30, 2026. The amendments impose common restrictions on market participants and securitized assets linked to the aggressor state, occupied territories, sanctions, opaque structures or high-risk jurisdictions. They also strengthen consumer protections when credit claims are transferred, clarify which assets may enter securitization pools, including nonperforming financial assets, and add risk management and recordkeeping requirements for special financing platforms, institutional investors and other participants. The revised bill further clarifies how the commission and the National Bank of Ukraine will divide regulatory and supervisory responsibilities.
2026-09-10Ukraine National Commission on Securities and Stock Market
Ukraine's National Securities and Stock Market Commission outlines strengthened securitization bill recommended for second reading
Ukraine's National Securities and Stock Market Commission reported that a parliamentary committee has recommended an amended securitization and covered bonds bill for second reading. The revisions strengthen participant and asset restrictions, consumer protections, risk controls and asset eligibility rules while clarifying supervisory responsibilities between the commission and the National Bank of Ukraine.