A Draft Law to improve the State Regulation of the Financial Services Markets is under consideration by the Industrial and Regulatory Policy and Entrepreneurship Committee

Published on 21 September 2007, at 10:30

This Bill ( Reg. No.4048) proposes to divide Legislative Acts, issued by the State Commission for Securities and The Stock Market , and those issued by the Ad Hoc Authorised Executive Body for the Regulation of the Financial Services Markets, into Regulatory and Non-Regulatory Acts, to provide an appropriate level of State Regulation of the Financial Services Market.

The passing of this Bill will admittedly allow the removal of discrepancies in Ukrainian Legislation, relating to the Regulatory Policy in effecting State Regulation of the Equity Market, improve the State Regulation of the Financial Services Markets, and provide for the implementation of State Policy on the development and operation of Financial Services markets.

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