The Ukraine National Commission on Securities and Stock Market adopted a package of rulemaking and organizational decisions centred on a new regulation for compiling and submitting reporting data from investment firms, amendments to the procedure for disclosing managers' transactions, and draft changes to disclosure by securities issuers and persons providing security for those securities. It also ended the State Institution Agency for Development of Stock Market Infrastructure of Ukraine as part of a reorganization, approved measures to implement that reorganization, and revised its own 2026 structure, salary scale and staffing plan. The rulemaking agenda also covered draft Cabinet and ministerial measures on the circular economy strategy, local borrowing, sanctions and critical infrastructure, as well as Ukraine's possible accession to the OECD Recommendation on Principles of Corporate Governance. On supervision, the Commission amended the list of client and depositor assets at Freedom Finance Ukraine LLC subject to asset-blocking sanctions, approved the agency's financial plan execution reports for the fourth quarter of 2025, full year 2025 and first quarter of 2026, agreed an independent audit of its 2025 financial statements, and granted a separate permit for a defined list of securities operations involving PJSC RNK Veres. On registration and licensing, it registered share issues for several venture corporate investment funds and for JSC Guaranteed Buyer, approved charters and share issue registrations for 11 additional venture funds to form initial capital, and registered Series A corporate bonds of Financial Company Starmii without a public offering. Separate decisions approved changes to the Series A bond issuance decision of Kompani Invest Finans and registered issue results reports for Kyivmiskbud Holding Company, Azurro Finans and First Investment Bank. The Commission also confirmed that URB LLC, Public Joint Stock Company Settlement Center and PAPF LLC meet the criteria under Cabinet of Ministers Resolution No 76 and approved several appointments covering executive, internal audit, compliance, risk management and financial monitoring functions at professional market participants.
Ukraine National Commission on Securities and Stock Market2026-05-20
Ukraine National Commission on Securities and Stock Market adopts investment firm reporting regulation and stock market infrastructure agency reorganization measures
The Ukraine National Commission on Securities and Stock Market adopted new reporting rules for investment firms, amended disclosure procedures for managers’ transactions, advanced draft changes to issuer and guarantor disclosure, and approved a reorganization that terminates the State Institution Agency for Development of Stock Market Infrastructure of Ukraine and revises its 2026 structure and staffing. It also updated the list of sanctioned client and depositor assets at Freedom Finance Ukraine LLC, registered multiple share and bond issues, confirmed several entities’ compliance with Cabinet of Ministers Resolution No 76, and approved senior appointments at professional market participants.