SSMNC had a planned meeting
National Commission on Securities and Stock Market approved the draft decision «On Approval of the Procedure of Issuance of local bonds and their circulation» at the planned meeting, the press office of the regulator informs.
«First of all, the document provides the procedure for issuance of local bonds, and the order of the bond prospectus, amendments to the prospectus and report on the results of the bond issue and the list of required documents», - said Alla Papaika, Director of Department of corporate governance and corporate finance of SSMNC.
According to her, the need to improve the procedure to issue local bonds and their circulation is due to the entry into force of a number of laws, including the Law of Ukraine «On the Depository System of Ukraine» and the regulator's desire to improve the existing tools in the stock market.