DECISION OF THE NATIONAL COMMISSION ON SECURITIES AND STOCK MARKET OF UKRAINE

of November 5, 2019 No. 671

About modification of the Provision concerning the organization of activities of banks and their separate divisions when implementing of professional activity by them in the stock market

According to Item 13 of article 8 of the Law of Ukraine "About state regulation of the security market in Ukraine", for the purpose of enhancement of requirements to the organization of activities of banks and their separate divisions when implementing of professional activity by them in the stock market (security market) the National commission on securities and the stock market SOLVED:

1. The decision of the National commission on securities and the stock market of December 16, 2014 No. 1708 "About approval of the Provision concerning the organization of activities of banks and their separate divisions when implementing of professional activity by them in the stock market", registered in the Ministry of Justice of Ukraine on December 29, 2014 for No. 1650/26427 (with changes), after Item 2 to add with new Item 3 following of content:

"3. To banks in case of application of Item 6 of the Provision concerning the organization of activities of banks and their separate divisions when implementing of professional activity by them in the stock market approved by this decision within 20 working days:

from the date of modification of the relevant domestic situations about operating structural unit of bank (its separate divisions) for implementation of professional activity in the stock market on establishment of policy of identification, prevention and elimination of conflict of interest in case of interaction with other divisions of bank which do not perform professional activity in the stock market to provide in the Commission the copy of such domestic situation with the made changes which sheets shall be numbered, strung together and certified by the authorized signature of bank;

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