In remarks at the FinYear conference, the Ukraine National Commission on Securities and Stock Market’s chairman Ruslan Magomedov called for draft law No. 8111 on personal investment accounts to be returned to the legislative agenda and announced a joint project with the Ministry of Digital Transformation, Diia City Invest, aimed at expanding investment opportunities and introducing new market instruments. Personal investment accounts were presented as a tool that would complement rather than compete with government bonds, help channel “long money” into the economy, provide businesses with additional capital, and enable investors to invest without paying taxes. The Diia City Invest concept is still in development and is intended to support investment into Ukrainian startups that are residents of Diia City through simplified registration of a venture fund without involving an AMC, with no more than 20 participants and a cap of UAH 50 million in investments.
Ukraine National Commission on Securities and Stock Market 2025-02-20
Ukraine National Commission on Securities and Stock Market urges renewed debate on personal investment accounts and outlines Diia City Invest concept
Ukraine National Commission on Securities and Stock Market Chairman Ruslan Magomedov urged the return of draft law No. 8111 on personal investment accounts at the FinYear conference. He announced a joint project with the Ministry of Digital Transformation, Diia City Invest, to expand investment opportunities and introduce new market instruments. Personal investment accounts aim to complement government bonds and channel long-term capital into the economy, while Diia City Invest will facilitate investment in Ukrainian startups with simplified venture fund registration.