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Verkhovna Rada approved in principle the draft law on investment funds — Hetmantsev
Yesterday 12:35 — Treasury and Politics
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Verkhovna Rada approved in principle the draft law on investment funds — Hetmantsev
The Verkhovna Rada adopted in the first reading draft law No. 16137 "On Investment Funds," which provides for the transition of the Ukrainian collective investment market to the European model.
260 people's deputies voted for the document.
This was reported by the head of the parliamentary Committee on Finance, Tax and Customs Policy, Danylo Hetmantsev.
"I thank my colleagues for their support; ahead is preparation for the second reading," he noted.
The draft law provides for a comprehensive update of the regulation of investment funds in accordance with European standards. In particular, instead of the current system of unit and corporate investment funds, it is proposed to introduce a model of public (UCITS) and alternative (AIF) investment funds.
According to the document, investment funds will be divided according to several criteria:
- By the procedure for redemption of investment certificates — open-end or closed-end type.
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- Verkhovna Rada approved in principle the draft law on investment funds — Hetmantsev
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