Modern supervision and exchange of experience: NSSMC and BaFin outlined priorities for 2026

An online meeting was held between representatives of the NSSMC and the German Federal Financial Supervisory Authority (BaFin), during which they discussed the development of risk-oriented supervision, data use, modernization of capital market infrastructure, and priorities for bilateral cooperation in 2026.

The event was attended by NSSMC Chairman Oleksii Semeniuk, as well as NSSMC Commissioners Iraklii Baramiia and Maksym Libanov. BaFin was represented by President Mark Branson and Chief Executive Officer for Strategy, Policy and Control Rupert Schäfer.

Mark Branson confirmed his interest in developing the partnership and his readiness to support the Ukrainian regulator in strengthening institutional capacity. He noted the professionalism and resilience of Ukrainian financial institutions in wartime and stressed the importance of sharing practical experience in crisis management, compliance, and good governance.

Oleksii Semeniuk expressed his gratitude for the consistent support and emphasized the importance of systematic interaction between the regulators, readiness for open dialogue, and the development of an independent, transparent, and authoritative regulator integrated into the EU financial space.

Iraklii Baramiia focused on modernizing supervision: building an effective data architecture, implementing a risk-based approach, using technological solutions, including those based on artificial intelligence, and improving the supervision of capital market infrastructure.

In recent years, a stable and constructive partnership has developed between the regulators. The parties agreed to continue their active cooperation in 2026, focusing on the implementation of specific joint projects and deepening the exchange of practical experience.