The Verkhovna Rada approved amendments to several laws on the simplification of run of business ad attraction of investments by securities issuers 5592-д, Liga.net reports.
237 deputies voted for.
According to the draft law, the criteria of publicness of joint stock companies, the methods and amount of disclosure of information to joint stock companies, the procedure of issue of securities should be changed from January 1, 2018.
The restriction on existence exclusively in the form of joint stock companies are lifted from the banks from January 1, 2018. That is, most Ukrainian banks can become private companies (PJSC).
In particular, the bank will be able to attract and not to attract public forms of capital, but there will also be a public standard in corporate governance and disclosure of information.
The law also stipulates the possibility of ban or restriction of issue and circulation of securities of the issuer, created under the laws of the aggressor country. Such ban or restrictions are possible only in the case if the issuer is directly or indirectly controlled by residents of the aggressor country.