The Ukraine National Commission on Securities and Stock Market has approved, with comments, a draft law aimed at bringing a strategic foreign investor into Ukraine’s capital markets infrastructure through the creation of a new holding infrastructure company. The proposal would establish a holding company that consolidates key capital market infrastructure elements, including control of an organised capital market operator (which the holding company would create) and a central counterparty, as well as an equity stake in the Central Securities Depository. A strategic foreign investor would be selected via an open competition to invest in the company’s capital, with the state envisaged as one of the shareholders and international financial organisations and other investors able to participate. The Commission’s comments focus on clarifying requirements for the strategic investor, the selection process, and the future holding company’s corporate structure.
Ukraine National Commission on Securities and Stock Market 2026-03-05
Ukraine National Commission on Securities and Stock Market backs draft law to create a market infrastructure holding company and attract a strategic foreign investor
The Ukraine National Commission on Securities and Stock Market has approved a draft law to attract a strategic foreign investor into Ukraine’s capital markets by creating a new holding company. This entity will consolidate key infrastructure elements, including a capital market operator and a central counterparty, with the state and international financial organisations as potential shareholders. The Commission's comments address the investor's requirements, selection process, and corporate structure of the holding company.