NSSMC and Japan’s FSA strengthen cooperation on investor protection and capital market development

The National Securities and Stock Market Commission of Ukraine (NSSMC) and the Financial Services Agency of Japan (FSA) have signed a Memorandum of Cooperation. The document establishes a framework for cooperation between the two regulators, facilitating the exchange of experience and joint efforts to advance modern approaches to capital market regulation.

The Memorandum is aimed at strengthening investor protection, enhancing capital market transparency, supporting financial stability, and fostering international cooperation between regulatory authorities. It will also contribute to the further alignment of Ukraine’s regulatory framework with international standards and European Union best practices.

“Signing this document marks the beginning of exactly the kind of exchange of experience and joint integration that will help each of us improve and create an investment environment in Ukraine that will also be attractive to Japanese investors,” said Oleksii Semeniuk, Chairman of the NSSMC.

He emphasized the exceptional value of training opportunities for Ukrainian specialists in Tokyo in building a high-quality regulatory framework for capital markets and also invited Japanese partners to visit Ukraine.

The parties agreed to cooperate in the following areas:

● market supervision and financial innovation, including the use of artificial intelligence;
● cybersecurity and operational resilience;
● sustainable finance;
● asset management;
● corporate governance and disclosure;
● financial literacy and investor protection.

The Memorandum also provides for the exchange of regulatory information, consultations, joint seminars and roundtables, training programmes, and the sharing of expert knowledge and experience.

For the NSSMC, this cooperation presents an opportunity to learn from Japan’s experience in the digitalisation of the financial sector, cybersecurity, and modern financial technologies. It is expected that the partnership will contribute to the further development of Ukraine’s capital markets and strengthen the NSSMC’s international cooperation.

The signing ceremony was attended by NSSMC Chairman Oleksii Semeniuk, as well as the leadership of Japan’s Financial Services Agency headed by FSA Commissioner Yutaka Ito.

About the Financial Services Agency (FSA)

The Financial Services Agency (FSA) is a Japanese government authority responsible for maintaining the stability of the financial system, protecting investors, depositors, and other market participants, as well smoothing finance through such measures as planning and policymaking concerning the financial system, inspection and supervision of private sector financial institutions, and surveillance of securities transactions.