Synergy, rather than just formal dialogue, needed between the Commission and market participants, says Oleksii Semeniuk

The NSSMC Chairman, Oleksii Semeniuk, held a working meeting with the President of PARD (Professional Association of Capital and Derivative Market Participants), Oleksii Kyi, which is a leading association of professional securities market participants, where they discussed prospects for the development of the stock market, cooperation between the regulator and the market, and the development of proposals for reforms that would contribute to the intensification of market processes. Oleksii Semeniuk reported this on his Telegram channel.

“PARD is one of the influential voices of the professional community that we must listen to. For me, it is essential that there be synergy between the Commission and market participants, rather than just formal dialogue,” said the Chairman of the NSSMC.

During the meeting, the participants also discussed:
● Future prospects for municipal bonds: given the public’s keen interest in government bonds (OVDPs), further incentives for public participation in municipal capital instruments were discussed.
● Issues of pension system development and its impact on capital markets.
● Investor protection — the association assumes additional functions related to the security and transparency of transactions for market participants’ clients, which increases trust and stimulates market development.

The Chairman emphasized that joint work with associations and market participants is critical to creating conditions under which capital markets can become an effective source of domestic investment and support Ukraine’s economic recovery.

At the end of the meeting, the parties confirmed their intention to develop an open dialogue, exchange views and best practices, and work together to implement reforms that will strengthen activity and confidence in the securities market.