Ukraine is becoming closer to global markets: The NSSMC has applied for joining the IOSCO Memorandums

The NSSMC has taken a strategic step toward the integration of Ukraine into the global financial community — applications to join the Multilateral Memorandum of Understanding (MMoU) and the Enhanced MMoU of the International Organization of Securities Commissions (IOSCO).

As a matter of fact, the NSSMC has been an IOSCO member since 1996 as well as a representative of Ukraine to this organization. Nevertheless, up until this time, the Commission has not been party to these Memorandums. Adoption of the Law of Ukraine On Transforming the Commission No. 3585-IX dated February 2024 enabled the creation of the legal basis for deeper international cooperation. In particular, the law made it possible to fulfill obligations under the IOSCO Memorandums.

Joining the Memorandums will allow the Commission to exchange information with foreign regulators more effectively, strengthen market surveillance and increase investor protection.

This is an important step toward the harmonization of Ukrainian regulation practice with international standards, building up trust and deepening Ukraine’s integration into the global financial system.