A solution to the problem of clients of LLC Freedom Finance Ukraine has been found

At the initiative of the National Securities and Stock Market Commission (NSSMC) and thanks to the constructive position of the Office of the President of Ukraine, in cooperation with other responsible authorities, the process of implementing the sanctions imposed on LLC Freedom Finance Ukraine was clarified.

The Presidential Decree granted the NSSMC the necessary powers to ensure that the blocked assets of the company’s clients can be recovered.

All this time, the NSSMC has been actively working to resolve the problem of LLC Freedom Finance Ukraine together with other institutions. A thorough preparatory work was carried out in advance, which made it possible to introduce an interim head of the executive body, who conducted an effective audit of the company’s activities. Currently, the interim manager has completed the first stage – a clear list of clients and their assets has been formed.
The next step will be to check the company’s clients for links to sanctioned persons and the aggressor country. This check will be carried out with the participation of the competent authorities.
In the near future, the NSSMC will finalise and publish its decision, which will determine the list and procedure for the interim administrator, stakeholders and customers of LLC Freedom Finance Ukraine. Further steps will be implemented after the successful completion of the said inspection.
We look forward to further effective cooperation and support from all relevant authorities to ensure that the process of recovering clients’ assets is completed as quickly as possible.