The Commission keeps dialogue with clients of Freedom House

Last week, the National Securities and Stock Market Commission held another online meeting with a group of Freedom Finance clients. The purpose of the event was to ensure that participants fully understood all current and future stages of resolving their situation.

The NSSMC remains open to constructive dialogue and strives to maintain constant communication with clients. Regular meetings of this kind make it possible not only to inform, but also to hear the positions of the participants in the process, agree on a vision, and move together towards a final resolution of the issue.

The Commission, in a transparent manner, shares the logic behind its decisions so that each participant of the process understands clearly the sequence of actions. In particular, these clients were invited to participate in discussions on the regulatory framework, which contributes to building a unified approach and mutual understanding.

Yaroslav Shliakhov, a Commissioner responsible for this area, confirmed that all actions had been carried out according to the previously announced schedule. The second and third stages are scheduled to happen in May, including the preparation and approval of a list of client assets, as well as the approval of a list of actions to be taken by the parties upon the return of assets. This last step will be decisive for building a transparent algorithm that will allow clients to receive their funds in accordance with the established procedure.

“Transparent communication is our priority. We do not just inform clients, but actively involve them in the process. This synergy is the basis for an effective resolution of this case,” emphasized Yaroslav Shliakhov.

We would like to remind you that the NSSMC has recently approved a revised draft of the Procedure, which defines the mechanism for forming a list of client assets held in sanctioned institutions. This list is currently being approved by the Security Service of Ukraine, which is the final step in the second stage of resolving the Freedom Finance case before the act is approved and registered by the state.