By KYIV. Nov 9 (Interfax-Ukraine) – The National Securities and Stock Market Commission has approved a decision to suspend the licenses of Freedom Finance Ukraine LLC (Kyiv), one of the largest companies in the Ukrainian stock market, the regulator said on Thursday.
"The Commission approved the relevant resolution in pursuance of the decision of the National Security and Defense Council of October 19, 2022 on the application and amendment of personal special economic and other restrictive measures (sanctions), put into effect by decree No. 726/202 of the President of Ukraine dated October 19, 2022," the commission said in a press release.
According to it, in order to protect the rights and interests of investors and clients of Freedom Finance Ukraine, the Commission "carries out additional work and communicates for the subsequent approval of a separate decision of the Commission on the actions that need to be taken by the company in connection with the suspension of licenses… taking into account the aforementioned decision of the National Security and Defense Council."
As reported, on October 19, by decree No. 726/2022 of the President of Ukraine, the decision of the National Security and Defense Council of Ukraine adopted on the same day on sanctions against 1,374 legal entities, including Freedom Finance Ukraine, was put into effect.
