A regular meeting of the Committee on the Functioning of Organized Commodity Markets held

On 01 October, a meeting of the Committee was held, where the issue of approving the draft NSSMC Resolution “On Amendments to the Decision of the National Securities and Stock Market Commission No. 3 dated 13 January 2022, on the Procedure for Submitting Financial Statements” was considered.

The document provides for the avoidance of double reporting in the context of financial reporting by commodity exchanges. This is the last group of professional participants to complete the transition from using two financial reporting formats to a single unified XBRL format, the data of which will be available to a wider range of authorized users.

During the discussion of the draft Resolution, the members of the Committee unanimously supported its approval by electronic voting, taking into account the opinions and proposals of all active market participants.

The document will soon be put to a vote at a Commission meeting for approval and publication.