Key NSSMC decisions dated 06 May 2026

In its rulemaking capacity, the Commission:

● approved a Commission reference note on the draft Law of Ukraine “On Amending the Code of Ukraine on Bankruptcy Procedures Regarding the Regulation of Legal Relations in the Conduct of Securitization and the Issuance of Covered Bonds” (registration No. 15174 dated 13 April 2026);
● approved a Commission reference note on the draft Law of Ukraine “On Amending the Civil Code of Ukraine Regarding the Regulation of Legal Relations in the Conduct of Securitization and the Issuance of Covered Bonds” (registration No. 15175 dated 13 April 2026);
● approved a Commission reference note on the draft Law of Ukraine “On Amending Existing Legislation Regarding the Improvement of Corporate Governance in Companies” (registration No. 15149-1 dated 27 April 2026);
● endorsed the draft Regulation of the Cabinet of Ministers of Ukraine “On Updating the Composition of the Interagency Working Group on Ensuring the Negotiation Process for Ukraine’s Accession to the European Union and the Adaptation of Ukrainian Legislation to European Union Law”;
● approved the Regulations on the Procedure for Terminating a Corporate Investment Fund;
● approved the draft NSSMC Resolution “On Amending the NSSMC Resolution No. 1707 dated 13 October 2015”;
● approved the Amendments to the NSSMC Rulemaking Plan for 2026;
● approved the draft NSSMC Resolution “On Amending the NSSMC Resolution No. 1221 dated 29 September 2022”;
● endorsed the draft Regulation of the Cabinet of Ministers of Ukraine “On Proposals Regarding the Application of Personal Special Economic and Other Restrictive Measures (Sanctions) in Accordance with the Implementing Regulations and Decisions of the Council of the European Union”;
● reviewed the draft Regulation of the Cabinet of Ministers of Ukraine “On Updating the Composition of the Commission for the Appointment of Complex Asset Managers”;
● dissolved due to reorganization (transformation) the State-Owned Enterprise AGENCY FOR THE DEVELOPMENT OF THE STOCK MARKET INFRASTRUCTURE OF UKRAINE (individual legal ID code 21676262);
● approved the Measures to ensure implementation of an NSSMC Resolution on the Reorganization of the State-Owned Enterprise Agency for the Development of the Stock Market Infrastructure of Ukraine;
● approved the NSSMC Implementation Plan for the Action Plan to implement the Letter of Intent of the Government of Ukraine and the National Bank of Ukraine dated 13 February 2026, and the Memorandum on Economic and Financial Policy;
● approved the 2025 Commission activity report;
● approved the draft NSSMC Resolution “On Certain Issues Regarding the Conduct of Public Offerings of Securities During Martial Law”;
● approved the draft NSSMC Resolution “On Approval of the Regulations on the Procedure for Issuing and Trading Domestic Local Bonds”;
● approved the draft NSSMC Resolution “On the Specifics of Converting Corporate Bonds During Martial Law”.

In its oversight capacity, the Commission:

● updated a list of assets, including cash, belonging to clients/depositors of FREEDOM FINANCE UKRAINE LLC, against which an “asset freeze” sanction is imposed;
● lifted restrictions on the securities of Barskyi ptakhokombinat PrJSC and Irshavremverstat PrJSC;
● granted a separate authorization to conduct a comprehensive list of transactions with securities of Rivnenska fabryka netkanykh materialiv PrJSC;
● informed investors about the dubious investment projects Cronika and Trading Time.

The following decisions were made regarding registration and licensing matters:

● registered the share issues of ZNVKIF ALFAT JSC and ZNVKIF ARUNA JSC, carried out for the purpose of joint investment, as well as the prospectuses for these share issues;
● approved the draft charters and the registration of share issues of ZNVKIF RENTOS CAPITAL JSC, ZNVKIF PROMIN INVEST JSC, ZNVKIF SIDS INVEST JSC, ZNVKIF ALENKAR JSC, ZNVKIF ERISTAVI JSC, ZNVKIF TAIRA JSC, and ZNVKIF AYMARA JSC for the purpose of forming the initial authorized capital;
● registered amendments to the prospectus, amendments to the regulations, and the registration of the issue of investment certificates of PVIFNVZT FORTE of ARTA UPRAVLINNIA AKTYVAMY LLC, and to the replacement of a certificate of registration for the issue of investment certificates for a mutual fund;
● registered the regulations of ZNPIF Inzhur MilTech of INZHUR LLC and information about the mutual fund was entered into the Unified State Register of Investment Funds (EDRISI);
● registered the issue of registered corporate bonds of Series F of 1 BEZPECHNE AGENTSTVO NEOBKHIDNYKH KREDYTIV LLC (without a public offering);
● registered the issuance of registered corporate bonds of Series A of ACCESS FINANCE SPV LLC (without a public offering);
● registered a report on the results of the share issuance by KORMORANT JSC;
● registered a report on the results of the issuance of Series A corporate bonds by SPOZHYVCHYI CENTR LLC, issued through a public offering;
● canceled the registration of the Series B bond issue of TAVRIA-V LLC, and revoked a certificate of registration for the Series B bond issue of TAVRIA-V LLC;
● confirmed that KUA SOLDIS LLC complies with the criteria specified in the Resolution of the Cabinet of Ministers of Ukraine No. 76 dated 27 January 2023;
● registered the issuance of shares of PERSHYI INVESTYTSIYNYI BANK” (without a public offering).

Regarding the appointment of the officials of professional market participants, the Commission:

● approved the Internal Auditor and the person responsible for performing the duties of Risk Manager and Compliance Manager at KUA RENOME-2008 LLC;
● approved the person responsible for performing the duties of Compliance Manager and Risk Manager at KUA VSESVIT LLC;
● approved the Internal Auditor, the person responsible for performing the duties of Risk Manager, and the person responsible for performing the duties of Compliance Manager at KUA VIVA ASSET MANAGEMENT LLC;
● approved the person responsible for performing the duties of Compliance Manager at FINANSOVA KOMPANIIA RESPECT BUDINVEST LLC;
● approved the person responsible for performing the duties of Compliance Manager and the person responsible for performing the duties of Risk Manager at FINANSOVA KOMPANIIA ZHITLOINVESTBUD LLC;
● approved the Internal Auditor, the person appointed to the position of Risk Management Manager, and the person responsible for performing the duties of Compliance Manager at KUA PORTFELNI INVESTYTSII LLC;
● approved the Internal Auditor of CPG ASSETS MANAGEMENT LLC;
● approved the Internal Auditor at KUA ta APF FINCOM ASSET MANAGEMENT LLC;
● approved the person responsible for performing the duties of Compliance Manager and Risk Manager at Fondova Birzha PFTS JSC;
● approved the person responsible for performing the duties of Compliance Manager and Risk Manager at INVEST-M LLC;
● approved the person appointed responsible for financial monitoring at IK BUSINESS-INVEST LLC.

These Commission decisions are available by following the link.