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On Amending The Law Of Ukraine "on Securities And Stock Market" To Issue Bonds Of International Financial Organizations

Original Language Title: Про внесення змін до Закону України "Про цінні папери та фондовий ринок" щодо емісії облігацій міжнародних фінансових організацій

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LAW OF UKRAINE

On Amendments to the Law of Ukraine "On Securities and Stock Market" on the emission of international financial organizations

(Information Of The Verkhovna Rada (VR), 2014, No. 14, pp. 256)

Verkhovna Rada of Ukraine Orders:

1. Carry to Law of Ukraine "On Securities and Stock Market" (Information of the Verkhovna Rada of Ukraine, 2006, No. 31, pp. 268 with the following changes):

(1) The paragraph of the second part of the second Article 2 is set out in such an editorial:

" The emitent is a legal entity, the Autonomous Republic of Crimea or the city council, as well as a state in the person authorized by the state authorities or the international financial organization, which of its name places emission securities and taking on their own. an obligation to them in front of their owners ";

(2) In Article 3:

part of the second after paragraph of the twelfth complement to the new paragraph of this content:

"The bonds of international financial organizations".

In this regard, the thirteenth paragraph should be considered a paragraph of fourteenth;

Item 2 of the fifth complement of the subparagraph "e" of this content:

"(e) The bonds of international financial organizations";

3) complement article 10 - 1 such content:

" Article 10 - 1 . Accounting for international financial organizations

1. The International Finance Organization is an international organization which, on the conditions defined by its constituent act, and/or according to the international treaty of Ukraine, provides an emission of bonds on the territory of Ukraine.

International financial organizations can exercise in a manner established by the National Securities and Stock Market, an emission of interest or discount bonds exclusively by public placement on the Ukrainian stock exchanges which are currently under way. The results of the results of the competition were included by the National Securities and Stock Market Commission prior to the list approved.

Emissions of international financial organizations are served in the Ukrainian depositary system.

2. The Central Executive Body, which ensures the formation of public financial policies, with the agreement with the National Bank of Ukraine provides permission to implement the international financial organization of the accounting mission. The decision to provide a specified agreement or for an informed refusal in such an assignment is accepted in the order of five working days from the day of receiving an appropriate appeal from the international financial organization.

3. The funds obtained by international financial organizations member Ukraine, from the placement of bonds, are used to implement such operations organizations according to the established acts of such organizations and/or international treaties. Ukraine According to Constitution of Ukraine and Law of Ukraine "On International Affairs of Ukraine" .

In case if Ukraine is not a member of the international financial organization and/or with such an organization no international agreement of Ukraine, funds received by this organization from the placement of bonds are used in the approval of the Cabinet of Ministers. Ukraine is in order.

Features of the emission and circulation of international financial organizations, including the list of documents filed for the registration of such bonds, and the requirements for their design, as well as the release lines of the issue and report of the results Securities are defined by the National Securities and Stock Market Commission.

4. The policy of the international financial organization has a nominal value defined in the national currency.

The placement, sale and repayment of the specified bonds are carried out in the national currency.

5. Help of disclosure of information by international financial organizations as emitters of bonds, including order, content and lines of submission of regular and special information, is set by the National Securities and Stock Market, " If another is not provided by international treaties of Ukraine.

6. The position of the fifth article 30, paragraph of the second part of the first article 33, articles 39, 40 and 41 of this Act do not extend to the international financial institutions and the bonds of international financial organizations. "

2. This Act will take effect in 60 calendar days from the day of its publication.

President of Ukraine

(...) (...)

Um ... Kyoto
July 4, 2013
No. 400-VII