News

24 March 2010
Lavrynovych & Partners law firm successfully represented Ukrainian Securities Depository JSC before the Antimonopoly Committee of Ukraine

Lavrynovych and Partners law firm successfully represented Ukrainian Securities Depository JSC and its founders before the Antimonopoly Committee of Ukraine during the investigation. As a result of the case considered by the Committee the permit for establishment of the Depository was obtained on 18 March 2010.

«The mechanism of establishment of prices for the depositor’s services was elaborated by Ukrainian Securities Depository and the Committee and corresponds with the expectations of the securities market. Ukrainian Securities Depository plays the leading role in the process of development of the national securities market infrastructure» – noted Konstantin Pilkov, Associate Partner at Lavrynovych and Partners law firm, during the final hearing of the Committee.

Ukrainian Securities Depository was established in 2008 by 22 major players of the financial market of Ukraine, among which National Bank of Ukraine, 19 commercial banks and 2 stock exchanges.