NSSMC: investment firms may provide additional services

The NSSMC (National Securities and Stock Market Commission) draws attention to the fact that securities traders (investment firms) who intend to provide additional services within the professional activities of trading in financial instruments, as well as to receive at their own expense and dispose of funds and financial instruments customers should submit relevant information to the regulator until 30.09.2021.

The NSSMC has developed and approved the relevant Resolution in pursuance of  paragraph 18 of Section XIII of the Law of Ukraine on Capital Markets and Organized Commodity Markets, in order to ensure compliance with paragraphs 10 and 12 of this section.

Investment firms may carry out additional activities if they are licensed to carry out professional activities in the capital markets-activities for trading in financial instruments, namely:

* For investment firms that intend to carry out activities to provide loans and borrowings to clients for the conclusion of derivative contracts and transactions on financial instruments – the NSSMC will set additional requirements for prudential indicators.