The bill (Reg. No. 10632) is aimed at improvement of current laws in the part of disclosing information concerning the real state of affairs of economic agents working with citizens? funds by using credit rating. The bill shall regulate the relations in regard to disclosure of information on activity and financial standing of participants of financial markets using credit by amendment of laws "On Securities and Securities Market", "On State Regulation of the Securities Market in Ukraine", "On the National Bank of Ukraine", "On Banks and Banking Operations" "On Institutions of Joint Investment (share and corporate investment funds)", and "On Private Retirement Insurance".
Informational component of the market should be improved to ensure openness and transparency of activity of financial institutions and minimize risks on financial market.
Members of the Committee believe that implementation of provisions of the bill will allow for improvement of investment climate in Ukraine and increase of trust of the population to financial instruments on the market, as well as activate investment processes, minimize risks on financial markets, etc.
