On November 10, 2026, the Verkhovna Rada of Ukraine adopted as a basis the Draft Law of Ukraine “On Investment Funds” (Reg No. 16137).

The primary objective of the draft law is to enhance and harmonize legislation on investment funds and investment services in accordance with European practices and standards, thereby protecting investors' rights and expanding opportunities for capital attraction, as well as ensuring the fulfillment of Ukraine’s obligations to adapt national legislation to European Union law in the field of investment funds and investment services.

The law defines the legal and organizational foundations for the creation, operation, and termination of investment funds, the specifics of managing the assets of such funds, requirements for the composition, structure, and custody of such assets, features of the issuance, circulation, accounting, and redemption of investment certificates, the principles of professional activity of asset management companies and depositary institutions, as well as the procedure for state regulation and supervision in this area.

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