Seeing eye to eye with international partners is the foundation for financial market development, — Oleksii Semeniuk

On 28 January, Oleksii Semeniuk, Chairman of the National Securities and Stock Market Commission, held his first working meeting with Priscilla Toffano, Permanent Representative of the International Monetary Fund in Ukraine.

During the meeting, the parties discussed key approaches to further development of Ukraine’s financial market, in particular the transformation of the financial sector and the formation of the virtual asset market as a full-fledged component of the financial infrastructure. Special attention was paid to aligning priorities, expectations, and practical steps in cooperation with international partners.

According to Oleksii Semeniuk, it is fundamentally important for the Commission to build its work with international institutions on the basis of a shared vision and coordinated actions:

“It is fundamentally important to me that the NSSMC works with international partners in unison — with aligned approaches, priorities, and expectations for the development of Ukraine’s financial market,” said the Chairman of the NSSMC.

He also emphasized that the meeting was not about general intentions, but about specific areas of cooperation, in particular regarding the development of a regulatory model for the virtual asset market. According to him, the convergence of the parties’ positions creates the preconditions for a transition from agreeing on approaches to the practical implementation of relevant initiatives in the near future.