The Ukraine National Commission on Securities and Stock Market has begun reorganising its internal structure, reshaping its operating model to remove overlapping functions, streamline internal processes and accelerate decision making. The overhaul is intended to modernise the Commission and bring it closer to leading international regulatory standards. The new structure updates the methodology function around the main areas of regulation, creates separate specialised units for registration and licensing, centralises document management and the one stop shop, and embeds analytical functions in the relevant supervisory departments to improve risk response. It also establishes cyber protection as a distinct area to strengthen information security and resilience to cyber risk. In parallel, the Commission has reduced the number of management posts and management layers, with the stated aim of speeding up decisions and increasing individual accountability. Overall, the reorganisation is aimed at implementing recommendations from international partners, improving internal processes and strengthening interaction with capital market participants.