• 20/05/2025 10:41

The PFTS stock exchange has reached an agreement with the regulator and has a chance to remain on the market

ByNazar Bogudan

Aug 2, 2024

The National Securities and Stock Market Commission has entered into an agreement with JSC PFTS Stock Exchange to settle the consequences of violating relevant legislation. The regulator's press service reported this.

PFTS Stock Exchange has reached an agreement with the regulator and has a chance to remain on the market

►Subscribe to the “Minfina” page on Facebook: main financial news

The Commission stops holding PFTS Stock Exchange JSC liable for violating relevant legislation, and the exchange acknowledges the fact of such an offense and undertakes to fulfill a number of requirements:

    bring its prudential indicators in accordance with regulatory values, voluntarily pay a financial penalty in the amount of UAH 50 thousand within 10 calendar days from the date of the decision.

“If the violation is not corrected or cannot be corrected, the PFTS exchange must file an application to revoke the license for the activity of organizing trading in financial instruments,” the statement says.

The regulator emphasized that this is the first such precedent in the capital markets and this became possible with the entry into force of the Law of Ukraine No. 3585-X on improving state regulation and supervision in the capital markets and organized commodity markets.

Recall that the oldest stock exchange in Ukraine, PFTS, planned to surrender its license due to insufficient reserves.

    Shares (securities) Stock market

minfin.com.ua

Leave a Reply

Your email address will not be published. Required fields are marked *