The National Securities and Stock Market Commission (NSSMC) is a state collegial body subordinated to the President of Ukraine and accountable to the Verkhovna Rada of Ukraine. The structure of the NSSMC consists of: the NSSMC as a collegial body and its Office.
The NSSMC as a collegial body consists of the Chairman and seven Commissioners, who are appointed by the President of Ukraine for six years and dismissed in accordance with his decrees. The primary working format of the Commission is its meetings. Within its legislatively defined powers, the NSSMC performs state regulation and oversight of activities in capital markets and organized commodity markets, ensuring their proper and efficient functioning.
The purpose of the NSSMC is to provide money capital to meet the needs of the country’s economy by creating a mechanism for accumulating, distributing and redistributing investment resources, as well as creating conditions for the formation of powerful domestic investors and ensuring the protection of their rights.
In its activities, the NSSMC is guided by the Constitution and Laws of Ukraine, Resolutions of the Verkhovna Rada, Decrees and Orders of the President of Ukraine, acts of the Cabinet of Ministers of Ukraine, and international treaties of Ukraine.
Since 2024, as part of the update of the relevant legislation, the NSSMC has been undergoing a restructuring process aimed at adapting to the new requirements that will come into force in 2026.
It is planned to improve the system of supervision over capital markets and organised commodity markets in accordance with the principles of the International Organisation of Securities Commissions (IOSCO). New mechanisms are being introduced to prevent manipulation, trading with the use of insider information, unauthorised use of insider information and other abuses in the capital markets and organised commodity markets. Financial pyramid schemes are prohibited and the fight against their organisation is intensified through the NSSMC’s expanded investigation functions.