The Ukraine National Commission on Securities and Stock Market reminded stakeholders that the public discussion on a draft regulation updating the procedure for issuing and circulating Real Estate Transaction Fund (FON) certificates is nearing completion and is still open for input. The draft would streamline administrative processes by moving issuer submissions and receipt of documents to a personal account in the CIS using an electronic signature, and by requiring reporting in XBRL format. It also envisages completion of an issuer questionnaire to create a global certificate, intended to increase process transparency and support investment in real estate. Comments and proposals can be submitted until 28 October 2025, after which the public discussion will close.
Ukraine National Commission on Securities and Stock Market 2025-10-21
Ukraine National Commission on Securities and Stock Market sets 28 October deadline for comments on draft Real Estate Transaction Fund certificate rules
The Ukraine National Commission on Securities and Stock Market is finalizing a draft regulation to update the issuance and circulation of Real Estate Transaction Fund certificates. The draft proposes streamlining administrative processes through electronic submissions and XBRL reporting, and includes a global certificate to enhance transparency and investment support.