The Ukraine National Commission on Securities and Stock Market is preparing guidance on the practical application of new rules for collective investment schemes that took effect on Oct. 4, 2026. Individuals may participate in a venture fund only if they hold its securities with a nominal value of at least UAH 1.8 million. The law also removed the conditions under which individuals could become participants in qualified collective investment schemes. The guidance will be published after consideration by the commission’s committee responsible for collective investment schemes and funded pension provision. Most other changes, including rules on fund mergers and accessions and the conversion, consolidation and splitting of their securities, take effect on Jan. 3, 2027. The commission has begun updating its regulatory framework and will submit draft measures for public consultation.
Ukraine National Commission on Securities and Stock Market prepares guidance on new investment fund participation rules
The Ukraine National Commission on Securities and Stock Market is preparing guidance on collective investment scheme rules in force since Oct. 4, 2026. Individuals now need venture fund securities with a nominal value of at least UAH 1.8 million to participate, while provisions allowing their participation in qualified schemes have been removed. Further fund reorganization and securities changes take effect on Jan. 3, 2027, supported by regulatory updates that will undergo public consultation.