fact-ua.com

The National Securities and Stock Market Commission has introduced a bill for the Euro-integration of investment funds.

НКЦБФР представила законопроект, направленный на евроинтеграцию инвестиционных фондов.

The draft law includes the following provisions:

  • establishment of a legal framework for the operation of investment funds according to EU standards;
  • introduction of new fund categories: public (UCITS) and alternative (AIF);
  • setting rules for venture, social, and long-term funds;
  • transitional period for the transformation of existing collective investment institutions to European standards.