NSSMC: during the war, the CIF will be able to hold general meetings according to a simplified procedure

The National Securities and Stock Market Commission (NSSMC) is introducing a face-to-face format for holding general meetings for CIF (corporate investment fund) participants, valid for the period of martial law in Ukraine.
We are talking about meetings in which the owners of 100 percent of the voting shares of CIF participate. If the number of such persons does not exceed five persons, then they have the right to hold meetings according to a simplified procedure.
Participants, in the case of meeting in one place, have the right to make any Resolution that belongs to their competence and corresponds to the legislation and the statute of the CIF.
Approved Resolutions are drawn up in the form of a protocol signed by all CIF participants who own 100% of the voting shares.
Resolution No. 1463 of the NSSMC enters into force today, December 23. It makes changes to the regulator’s previous documents (Resolutions No. 1183, 1318) regarding the specifics of holding general meetings during wartime. You can find out more about the requirements of the NSSMC for the holding of the CIF meetings at the link.