The Ukraine National Commission on Securities and Stock Market, together with the National Bank of Ukraine, the Ministry of Finance, the Ministry of Economy, Environment and Agriculture, and the Deposit Guarantee Fund, published a progress report on Ukraine's Financial Sector Development Strategy. As of the end of 2025, 77% of the strategy's 104 measures had either been completed or were being implemented on schedule, with 12 measures fully implemented and four of 14 strategic indicators reaching their target values. Completion was highest under the financial stability goal at 19% and the macroeconomic stability goal at 17%. Key 2025 actions highlighted in the report include a resilience assessment and baseline stress test of 21 largest banks, approval of a mortgage lending strategy and a 2026 to 2028 medium term public debt management strategy, presentation of a revised draft law on regulating and taxing virtual assets, and registration in parliament of a bill on personal investment accounts. The update also points to permission for dividend repatriation within an investment limit, new risk management and guarantee options for clearing institutions to support T+ securities settlement, rules on information security, cyber protection and cloud computing for financial service providers, restoration of financial reporting disclosure in XBRL, a target model for capital market infrastructure, digitisation and remote payout improvements at the Deposit Guarantee Fund, and the Commission's applications to join the International Organization of Securities Commissions Multilateral Memorandum of Understanding and Enhanced Multilateral Memorandum of Understanding. In 2026, the authorities plan to fully implement 35% of the measures, which would bring cumulative completion to 47% of the strategy. Although the strategy has no fixed overall term, each measure has assigned responsible bodies and deadlines, and all measures are scheduled to be completed by the end of 2030.
Ukraine National Commission on Securities and Stock Market 2026-05-12
Ukraine National Commission on Securities and Stock Market reports 77% of financial sector strategy measures completed or on schedule by end-2025
The Ukraine National Commission on Securities and Stock Market and other financial authorities published a progress report on the Financial Sector Development Strategy, stating that by end-2025, 77% of 104 measures were completed or on schedule, with four of 14 strategic indicators at target and the highest completion under financial and macroeconomic stability goals. Key 2025 actions included a resilience assessment and baseline stress test of the 21 largest banks, strategies for mortgage lending and public debt management, draft laws on virtual assets and personal investment accounts, new risk management and cyber rules, and applications to join IOSCO’s MMoU and Enhanced MMoU. Authorities plan to fully implement 35% of measures in 2026, with all measures completed by end-2030.