The technical mission of the International Monetary Fund (IMF) has recommended that the National Commission on Securities and the Stock Market of Ukraine switch to self-financing by introducing certain administrative fees linked to the performance indicators of market participants.

According to an IMF report, posted on its website, the commission's rising costs for wages to employees, as well as investment in technology and systems require a significant expansion of the regulator's financial resources.

In the context of an increasing pressure on Ukraine's budget, the fund mission considers prospects for the commission to raise extra budget funds dubious. .

Given this, the commission is offered two self-financing models.

As part of the first, annual fees could be tied to trading in securities: they will be charged from traders, stock exchanges and participants of the depository system.

The second model involves a more stable funding of the regulator's activities and is fairer, since all its structures will bear proportional costs for regulation. In addition, the introduction of the first model is complicated by difficulties in determining the value of non-market transactions.