The NSSMC (National Securities and Stock Market Commission) approved a finalized Draft Resolution On Approval of License Conditions for Conducting Professional Activities in the Capital Markets \u2013 Property Management Activities for Financing Construction Objects and\/or Real Estate Transactions. Such a Resolution was made by the Commissioners at one of the last meetings of the Regulator.<\/p>\n
\u201cWe have established the requirements that are mandatory when obtaining a license to conduct the professional activities in the capital markets \u2013 property management activities for financing construction objects and\/or real estate transactions, as well as when carrying out such activities. We also outlined the specifics of combining this type of work with certain types of professional activities in the capital markets, \u2013 says Arsen Ilin, the Commissioner<\/strong>. \u2013 First of all, we were guided by the need to regulate all aspects and protect the rights and interests of investors. After all, this is quite a common way of financing construction, particularly, in the regions \u2013 it covers 12-13% of the market. Therefore, as a Regulator, we must ensure the protection of those who want to invest in such a popular asset as real estate.\u201d<\/em><\/p><\/blockquote>\n
The Draft License Conditions cover the full range of issues related to property management activities for financing construction objects and\/or real estate transactions. The document states:<\/p>\n
\u2013 the requirements to be met by the applicant for obtaining a license and by licensee during carrying out of property management activities;<\/p>\n
\u2013 the organizational and operational requirements;<\/p>\n
\u2013 the requirements for the initial, authorized and own capital of the applicant and licensee;<\/p>\n
\u2013 the requirements for technical and software maintenance;<\/p>\n
\u2013 the requirements to the internal documents of the applicant\/licensee;<\/p>\n
\u2013 the requirements for the disclosure of information by the licensee;<\/p>\n
\u2013 the requirements for the applicant\/licensee’s premises;<\/p>\n
\u2013 the requirements for the applicant\/licensee’s employees;<\/p>\n
\u2013 the list of documents to be submitted by the applicant for obtaining a license;<\/p>\n
\u2013 the information that the licensee submits to the NSSMC during the property management activities.<\/p>\n
It is now planned to approve the Draft License Conditions with the ministries and departments concerned, and then – the procedure of entry into force.<\/p>","protected":false},"excerpt":{"rendered":"
The NSSMC (National Securities and Stock Market Commission) approved a finalized Draft Resolution On Approval of License Conditions for Conducting Professional Activities in the Capital Markets \u2013 Property Management Activities…<\/p>\n","protected":false},"author":351,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,853,28,4,840],"tags":[],"class_list":["post-1175765","post","type-post","status-publish","format-standard","hentry","category-golovn-novini","category-zakhyst-investoriv","category-ltsenzuvannya","category-news","category-upravyteli-ffb-ta-fon"],"_links":{"self":[{"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/posts\/1175765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/users\/351"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=1175765"}],"version-history":[{"count":2,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/posts\/1175765\/revisions"}],"predecessor-version":[{"id":1175800,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/posts\/1175765\/revisions\/1175800"}],"wp:attachment":[{"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=1175765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=1175765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nssmc.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=1175765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}