NKCPFR approved the Roadmap for the implementation of EU legislation in the field of capital markets
National Commission for Securities and Stock Market (NCSCFR) approved Roadmap and analysis “Implementation of EU legislation in the field of capital markets in connection with Ukraine’s accession to the EU” under Chapter 9 “Financial services”.
The document defines the stages and terms of implementation and will serve as a practical tool for bringing the Ukrainian capital market closer to EU standards in the process of negotiations on Ukraine’s accession to the EU. It is available for viewing in Ukrainian and English.
The road map contains an analysis of Ukrainian legislation and European norms, identifies gaps and areas of harmonization, including regulation of investment services and activities of investment firms, corporate governance and transparency of issuers, functioning of stock exchanges, development of collective investments and pension funds, derivatives markets and commodity markets, as well as protection of investors’ rights.
On the basis of self-screening and screening meetings, a final report was prepared, which became the basis for further steps to bring Ukrainian legislation closer to EU law.
We would like to remind you that on March 18, the National Bank of Ukraine eased currency restrictions to facilitate the work of small businesses and support Ukrainians abroad in wartime conditions. The National Bank of Ukraine has allowed operators and international carriers to make cross-border transfers for the payment of customs payments, when the final recipient is the customs or tax authorities of the United States.
