Good day! Here is the analysis of the provided act:
1. **Essence of the Law:**
This act introduces changes to the Regulation on the Procedure for Compiling and Submitting Reports by Investment Firms to the National Securities and Stock Market Commission (NSSMC). The changes are aimed at bringing the regulatory framework in line with current legislation in the field of capital markets and organized commodity markets, as well as clarifying terminology and expanding the list of reporting data.
2. **Structure and Main Provisions:**
* The title and preamble of the decision are brought into compliance with the Law of Ukraine “On State Regulation of Capital Markets and Organized Commodity Markets”.
* The term “administrative data on the activities of securities dealers” has been replaced with “reporting data on the activities of investment firms”.
* The list of legal entities covered by the Regulation has been clarified, including those who had licenses for the relevant activity during the reporting period.
* New terms have been added, such as “open positions,” “irregular Data,” and “sanctions,” as well as a reference to the definition of “controlled person.”
* The list of reporting data has been expanded, in particular, the “Reference on investment consulting agreements and/or agreements providing for additional services” and the “Reference on persons subject to sanctions” have been added.
* Amendments have been made to the appendices to the Regulation in order to bring them into line with the new requirements.
3. **Most Important Provisions for Use:**
* **Change of Reporting Name:** Investment firms should take into account that administrative data is now called reporting data.
* **Expansion of the List of Reporting Data:** Special attention should be paid to the need to submit information on investment consulting agreements and persons subject to sanctions, as these are new requirements.
* **Irregular Data:** It is important to submit irregular data on transactions outside the organized market and the identification of sanctioned persons in a timely manner.
* **Use of NSSMC Directories and Classifiers:** Investment firms are obliged to use the NSSMC Directory and Classifier System when preparing reports.
