National Commission for Securities and Stock Market (NSSMC)

Role

National Securities and Stock Market Commission is working in the direction of providing and implementing reforms in the area of capital markets, improving corporate governance and protecting the rights of the investors. It’s work is connected to climate finance and potential emission trading scheme.

Detailed information

The National Commission on Securities and Stock Market is a state collegiate body subordinated to the President of Ukraine and accountable to the Verkhovna Rada of Ukraine.
The NSSMC is composed of the Chairman of the Commission and six members of the Commission, who are appointed and dismissed in accordance with the decrees of the President of Ukraine.

The purpose of the NSSMC is to create, through its regulatory and supervisory functions, the conditions for the proper and efficient functioning of the securities market, to provide cash capital to the needs of the country’s economy by creating a mechanism for the accumulation, distribution and redistribution of funds from a person who has free investment resources to a person, which needs such resources for development, creation of conditions for formation of powerful domestic investors and protection of rights of investors.

NSSMC will be one of the ETS related stakeholders in areas of implementing relevant EU reforms connected to establishment of ETS and connected to climate financing issues.