Commission updated reporting rules for non-state pension funds

The National Securities and Stock Market Commission approved the new rules requiring administrators of non-state pension funds (NPFs) to report to the Commission. This will make their operations more transparent and protect the rights of people who are saving for retirement.

The document specifies the list of NPFs, procedure, and deadlines for NPF administrators to submit reporting data — both to the Commission and to the boards of the pension funds with which they work — as well as the specifics of how this information is to be made public. The reporting requirements are divided into two parts: data on the administrators themselves and data on the operations of each pension fund.

Another provision concerns an administrator’s interaction with the board of a pension fund. It is now clearly defined how the board must inform the administrator about the conclusion, renewal, or termination of contracts provided for under the Law of Ukraine “On Non-State Pension Provision.”

The new rules take effect on 01 October 2026.

How this benefits market participants

The state will be able to monitor the operations of private pension funds more easily and effectively, and the funds themselves will have clear and straightforward reporting rules without unnecessary confusion. At the same time, people who are saving for retirement will be able to easily check the funds’ performance at any time.

The draft Resolution had been previously published on the Commission’s website to solicit comments and suggestions from stakeholders.