In Ukraine, an alternative system for accounting for shares of limited liability companies (LLC) and additional liability companies (ALC) began operating in March 2024. This was reported by the National Commission on Securities and the Stock Market.
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< p>If previously the accounting of shares was provided by the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Formations (USR), now, if desired, the owners of LLCs and ALCs can transfer the accounting of shares to the central depository – PJSC National Depository of Ukraine.
“The introduction of a mechanism for accounting for shares of LLCs and ALCs through the accounting system of shares of the Central Depository is a revolutionary innovation,” explained the importance of such a step, member of the board of the National Depository Marina Adamovskaya.
The Depository is a professional participant in the securities market , the main function of which is to record ownership of assets, such as shares, bonds. Shares of limited and additional liability companies are not securities and are not subject to mandatory registration in the central depository.
