The Ukraine National Commission on Securities and Stock Market has jointly developed with a parliamentary committee and the World Bank a draft investment funds law that has been submitted for registration in Parliament. The proposal advances legislation discussed with the World Bank earlier in 2026 and would align Ukraine’s collective investment framework with key European Union rules, including the UCITS and Alternative Investment Fund Managers Directive regimes. The bill would establish public UCITS and alternative investment funds, allow funds to operate with or without legal personality, and strengthen requirements for asset management, valuation, transparency and disclosure. It would also introduce custodial institutions responsible for safeguarding and recording fund assets, set rules for Ukrainian public funds entering European Union markets and European funds entering Ukraine, and provide a transition period for existing collective investment institutions and professional market participants without requiring them to cease operations.
Ukraine National Commission on Securities and Stock Market develops investment funds bill submitted for parliamentary registration
The Ukraine National Commission on Securities and Stock Market has jointly developed an investment funds bill that has been submitted for parliamentary registration. The proposal would align Ukraine’s framework with European Union rules, introduce public and alternative fund categories, strengthen investor protections and establish cross-border market access. Existing funds and professional participants would receive a transition period to meet the new requirements.