The license of JSC "Ukrainian exchange" decided to cancel due to Russian owners, informs the national Commission on securities and stock market of Ukraine.
"The national Commission on securities and stock market at the meeting held on 17 November 2015, has decided to revoke the license of JSC "Ukrainian exchange" on realization of professional activity in the stock market - companies trading on the stock market ", - notified on the Internet office of the securities Commission.
the Ministry commented that " the decision was taken in Accordance with the requirements, under which the basis for the revocation is documentary evidence establishing the fact of observation (decisive influence) over the activities of the licensee entities of other countries engaged in armed aggression against Ukraine "." Ukrainian exchange "has provided information about the ownership structure, according to which 22, a 44% stake in PJSC "Ukrainian exchange" owned by JSC "Moscow exchange MICEX - RTS" (Russian Federation), 20, 64% owned by JSC " Ukrainian exchange holding ", a 100% shareholder of which is " Moscow exchange MICEX – RTS ". It is noted that "potential buyers of shares in the Ukrainian exchange, which belong to the Russian shareholder of the organization "dragon Capital" and " Univer Capital ", provided the Commission with information on the possibility of redemption of these shares "." for six weeks, the Commission expected results on the change of the ownership structure in the Ukrainian exchange, But the parties have not demonstrated relevant progress ", - reported in the report." The decision takes effect in 30 calendar days. The decision of the NSSMC has the ability to be appealed to the Expert-appellate Council on the problems of licensing with the State regulatory service of Ukraine and/or the court ", - informs the Ministry." The requirements of the licensing act apply equally to all market participants. Having confirmation of the seriousness of potential buyers of shares in the Ukrainian exchange, we gave them the opportunity to do further steps, But saw no progress. Currently the stock market is evolving in the direction of reboot the system and bring the capital market in congruence with international standards. But this is, without doubt, will have no impact on the continuity of its functioning ", - explained the decision of the regulator, its leader Timur Khromaev. NSSMC recalls that the decision of 6 October "in Accordance with the requirements of the licensing act was revoked the license of the stock exchange of JSC" PFTS "." at the present time the Council's Decision on the PFTS stopped for some time Expert appeal Rada on the issues of licensing with the State regulatory service of Ukraine ", - is told in the message.