{"id":775681,"date":"2021-07-16T11:14:08","date_gmt":"2021-07-16T08:14:08","guid":{"rendered":""},"modified":"2021-07-16T11:18:36","modified_gmt":"2021-07-16T08:18:36","slug":"nove-zakonodavstvo-pro-rynky-kapitalu-infografika","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/nove-zakonodavstvo-pro-rynky-kapitalu-infografika\/","title":{"rendered":"New capital markets regulations (infographics)"},"content":{"rendered":"<p>Download this infographic in printable\u00a0<a href=\"https:\/\/www.asterslaw.com\/content\/uploads\/CAPITAL%20MARKETS%20eng.pdf\" target=\"_blank\" rel=\"noopener\">.pdf version &gt;&gt;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-345844 size-full\" src=\"https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-scaled.jpg\" alt=\"\" width=\"1453\" height=\"2560\" srcset=\"https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-scaled.jpg 1453w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-170x300.jpg 170w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-581x1024.jpg 581w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-768x1353.jpg 768w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-872x1536.jpg 872w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-1162x2048.jpg 1162w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-369x650.jpg 369w, https:\/\/new.eba.com.ua\/wp-content\/uploads\/2021\/07\/CAPITAL-MARKETS-eng-1-397x700.jpg 397w\" sizes=\"auto, (max-width: 1453px) 100vw, 1453px\" \/><\/p>\n<p>1) Capital Markets and Organized Commodities Markets Law<\/p>\n<p>2) Commodities Stock Exchange Law<\/p>\n<p><strong><u>COMES INTO FORCE ON 1 JULY 2021<\/u><\/strong><\/p>\n<p><strong><em><u>New Regulatory Requirements &amp; New Opportunities<\/u><\/em><\/strong><\/p>\n<p><strong>Project Finance &amp; Restructuring<\/strong><\/p>\n<ul>\n<li><strong><em>credit linked notes<\/em><\/strong> (= bonds linked to third party\u2019\/borrower\u2019 good standing)<\/li>\n<li><strong><em>green bonds<\/em><\/strong> (= designated to finance renewable energy projects, environmentally sustainable transport, farming, climate change adaptation projects, etc.)<\/li>\n<li><strong><em>infrastructure bonds<\/em><\/strong>(= designated to finance\/refinance transport infrastructure projects, road projects, healthcare, education and other social facilities projects, etc.)<\/li>\n<\/ul>\n<p><strong>Investment opportunities\u00a0\u00a0 <\/strong><\/p>\n<ul>\n<li><strong><em>depository receipts<\/em><\/strong> (= opportunities to hold and receive income from shares of foreign entities)<\/li>\n<li><strong><em>stock warrants<\/em><\/strong> (= the option to buy the shares or bonds in the future or receive value of such securities)<\/li>\n<li><strong><em>certificates of bank deposit<\/em><\/strong>(= bank deposit structures as (freely transferable securities)<\/li>\n<\/ul>\n<p><strong>Derivative securities &amp; instruments<\/strong><\/p>\n<p>(=<em>provide for hedging opportunities and opportunities for trading in organized markets<\/em>)<\/p>\n<p><strong><em>Examples of derivative instruments<\/em><\/strong>:<\/p>\n<ul>\n<li>Option certificates<\/li>\n<li>State warrants\u00a0<\/li>\n<li>Credit default swaps<\/li>\n<li>Contracts for difference<\/li>\n<\/ul>\n<p><strong>Commodities trading novelties<\/strong><\/p>\n<ul>\n<li><strong><em>Commodities exchanges<\/em><\/strong> \u2013 newly licensed and regulated entities<\/li>\n<li><strong><em>Transparent commodities market<\/em><\/strong> \u2013 obligations to publish market quotations and prices<\/li>\n<li><strong><em>Commodity derivatives<\/em> \u2013 <\/strong>organized trading rules and opportunities of new derivative instruments<\/li>\n<\/ul>\n<p><strong>Bondholders &amp; Investors\u00a0<\/strong><strong>Protection<\/strong><\/p>\n<ul>\n<li><strong><em>Qualified &amp; Unqualified investors<\/em><\/strong> \u2013 different levels of consumer protection and rules of investment advice<\/li>\n<li><strong><em>Bondholders\u2019 meetings<\/em><\/strong> \u2013 new rules on holding bondholders\u2019 meetings<\/li>\n<li><strong><em>Notes Administrator functions<\/em><\/strong> \u2013 newly introduced role designated to act on behalf and in the interests of noteholders<\/li>\n<li><strong><em>Liquidation netting<\/em><\/strong> introduced by law to enhance settlement\/close-out transactions<\/li>\n<li>Updated <strong><em>transparency and information disclosure standards<\/em><\/strong><\/li>\n<\/ul>\n<p><em>For further information, please contact Asters\u2019 Partner <a href=\"https:\/\/www.asterslaw.com\/our_team\/stepanenko\/\" target=\"_blank\" rel=\"noopener\">Roman Stepanenko<\/a> and Counsel <a href=\"https:\/\/www.asterslaw.com\/our_team\/oliynyk\/\" target=\"_blank\" rel=\"noopener\">Kateryna Oliynyk<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download this infographic in printable\u00a0.pdf version &gt;&gt; 1) Capital Markets and Organized Commodities Markets Law 2) Commodities Stock Exchange Law COMES INTO FORCE ON 1 JULY 2021 New Regulatory Requirements &amp; New Opportunities Project Finance &amp; Restructuring credit linked notes (= bonds linked to third party\u2019\/borrower\u2019 good standing) green bonds (= designated to finance renewable [&hellip;]<\/p>\n","protected":false},"author":4489,"featured_media":345843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15576,15575],"tags":[],"class_list":["post-775681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-articles-en","category-news-and-articles-from-companies-en","company-16360"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/775681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=775681"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/775681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/345843"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=775681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=775681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=775681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}