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08.03.2022

At its regular meeting, the NSSMC adopted a Resolution on the Procedure for Conducting Pperations on Capital Markets during Martial Law.

Thus, to replace the NSSMC Resolution  #36136-143, a single generalized Resolution №144 was adopted. It  which provides for each segment of capital markets a list of operations that may be carried out in wartime.

The NSSMC clarified and granted the right to conduct the following operations to market participants:

  • managers of construction financing funds and real estate funds were given the right to purchase military local loan state bonds from the assets of the funds they manage,
  • all institutional investors have the right to invest part of their assets in military bonds,
  • Ccntributions of employers and participants to the non-state pension funds should be distributed to the relevant personal accounts.

The Resolution shall take effect on the day of its publication on the NSSMC official website. Details can be found at the link.

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