Key NSSMC decisions dated 21 Nov 2025

Within the scope of regulatory activities, the Commission:

• made amendments to the Regulations on disclosure of Information by securities issuers and persons providing collateral for such securities;
• approved the draft NSSMC Resolution “On Amendments to the Resolution of the National Securities and Stock Market Commission No. 431 dated 08 April 2014”;
• approved the draft NSSMC Resolution “On Amendments to the Resolution of the National Securities and Stock Market Commission No. 09/21/2426/K03 dated 13 June 2025”;
• approved the draft NSSMC Resolution “On Amendments to the Procedure for the Appointment by the National Securities and Stock Market Commission of a Temporary Manager of the Executive Body of a Professional Participant in Capital Markets, a Professional Participant in an Organized Commodity Market, a Person Engaged in Activities Related to Capital Markets and Organized Commodity Markets for the Period of Martial Law”.

Regarding registration and licensing issues, the Commission:

• canceled registration of the issue (issues) of investment certificates, prospectus (prospectuses) for the issue of investment certificates and the cancelation of the certificate of registration of the issue of investment certificates of PZNVIF Aragon LLC KUA BUSINESS – GUARANT;
• registered the issues of shares of ZNVKIF HARTLEY JSC and ZNVKIF ELIZIUM UA JSC, carried out for the purpose of joint investment, and the prospectus for the issue of these shares.

Within the scope of supervision, the Commission:

• made changes to the list of assets, including cash belonging to clients/depositors of FRIDOM FINANCE UKRAINE LLC, to which the sanction of “asset freezing” was applied;
• approved the intention to acquire a significant stake in professional participant in the capital markets FK FINBUD LLC;
• found that FK EA INVEST LLC and TI-INVEST LLC comply with the criteria specified in the Resolution of the Cabinet of Ministers of Ukraine No. 76 dated 27 January 2023;
• revoked the status of KUA LVIV CAPITAL LLC as a critically important enterprise for the functioning of the economy and ensuring the livelihoods of the population during a special period;
• established the non-compliance of KUA CROSS RIVER CAPITAL LLC and KUA ROYAL-STANDARD JSC with the criteria specified in the Resolution of the Cabinet of Ministers of Ukraine No. 76 dated 27 January 2023, and revoked their status as critically important enterprises for the functioning of the economy and ensuring the livelihoods of the population during a special period.

Regarding the appointment of officials at professional market participants, the Commission:

• approved the Internal Auditor of GARANT CAPITAL LLC;
• approved the person responsible for compliance management at INVESTYTSIYNYI DIM LLC.

These Commission decisions are available by following the link.