Government supervision
The main governmental body performing control over the subjects of the market of non-governmental pension provision is the Committee for Regulating the Financial Services Market.
Normative-and-legal acts governing the activities of financial institutions are currently in the process of being developed.
The State Committee on Securities and Stock Market and the National Bank of Ukraine also take part in regulating the activities related to pension provision.
Cross check between the subjects of the given market with a compulsory notification of the state bodies about detected infringements is also stipulated in order to prevent illegal actions.
Thus, while not being liable for the obligations of pension funds before the citizens of Ukraine, the state stipulates a rather strict control over their activities, which is very important for successful functioning of voluntary pension provision.
For more information please call: (044) 230-48-12
E-mail: info@pension-invest.com
