National Stock Market and Securities Commission of Ukraine (NSSMC), the National Bank of Ukraine and the Ministry of Finance have signed a Memorandum of Understanding and Cooperation with the European Bank for Reconstruction and Development (EBRD).
The memorandum is aimed at coordination of participants’ efforts to ensure the development of Ukraine’s capital markets.
Within the framework EBRD will provide methodological and/or technical aid in following areas: promotion of liquidity and trading of domestic capital markets instruments, support of the development and improvement of settlement and depository infrastructure, development of regulatory bodies’ capacity and so on.
Tymur Khromaev, head of the NSSMC, says: “Establishing of cooperation with foreign colleagues will give good opportunities to implement new instruments on the market, improve a legislative base and will also contribute to the efficient mobilization of capital in the Ukrainian economy as a whole.”
Ukraine Partners to With EBRD to Develop Infrastructure
National Stock Market and Securities Commission of Ukraine (NSSMC), the National Bank of Ukraine and the Ministry of Finance have signed a Memorandum of Understanding and Cooperation with the European Bank for Reconstruction and Development (EBRD).