Key Resolutions of the National Securities and Stock Market Commission as of 15 April 2025

As part of its rule-making activities, the National Securities and Stock Market Commission (NSSMC) improved Resolution No. 1221 dated 29 September 2022, in particular:
– liberalised reporting on prudential ratio deviations — if the deviation of a ratio is less than 5% during the month and is rectified by the end of the month, the NSSMC will not apply enforcement measures;
– expanded the list of financial instruments that may be included in the calculation of prudential ratios — now it is allowed to hold liquid assets in securities of issuers that made a public offer and/or are admitted to trading on a regulated stock market, in an amount up to 20% of the calculated value of the ratio;
– optimised the administrative procedure for approval of an action plan submitted in case of a deviation of the liquidity ratio.

Approved technical amendments to the Procedure for Authorisation of Legal Entities Intending to Perform Trade Repository Activities on Capital and Organised Commodity Markets.

Approved the intention to acquire a qualifying holding in the professional capital market participant AMC “FINEC ASSET MANAGEMENT” LLC.

Approved share issues for collective investment and their prospectuses for JSC “ZNVKIF KAPITALKO” and JSC “ZNVKIF VELMER INVEST”.

Approved the draft charter and share issue to form the initial authorised capital of JSC “ZNVKIF PARTNER SYSTEMS”.

Approved the draft Resolution of the Cabinet of Ministers of Ukraine on Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine regarding Critical Infrastructure Facilities.

Terminated the recognition of a non-bank financial group with Leonid Pivovarov as the controller.

Established a Coordination Council for finalising the provisions of the White Paper on the Reform of Voluntary Accumulative Pension Provision.

The relevant NSSMC Resolutions are available at the link.