Freedom Finance customers will start receiving previously blocked money
27 July 07:15
The National Securities and Stock Market Commission has approved the procedure for the return of blocked assets belonging to clients of Freedom Finance Ukraine LLC.
This was announced by the Chairman of the Commission Ruslan Magomedov in his Telegram channel. It was reported by "Komersant Ukrainian".
“This is the last regulatory step. After the official approval – in about 10 days – the mechanism for returning assets to customers will be launched. At the beginning of next week, we will publish an official instruction for Freedom Finance investors – step-by-step instructions on what to do and where to go, and finalize the list of clients eligible for payments. This is the end of a long, technically complex, but important process. The state is fulfilling its obligations to investors,” said Ruslan Magomedov, Chairman of the Commission.
The document clearly defines and provides for:
● who will return assets to clients – these may be selected investment firms or depository institutions, as well as a temporary manager
● the procedure for confirming the right to return assets if the client’s data has changed or the right to the assets has been transferred to another person
● creating a separate list of persons who are denied inclusion in the list of assets, for example, due to links with sanctioned companies or non-transparent ownership structure;
● regulation of the specifics of the return of funds by banks – in accordance with NBU Resolution No. 65.
The draft law was approved by the Commission on June 3, 2025, and published on the same day. It was finalized taking into account the proposals of the NRA, the RC, and the NBU.
After a meeting with NBU experts on July 8, the final version of some provisions was agreed upon, and on July 11, the draft was officially sent to the NBU for approval. The NBU’s approval was required in accordance with the current procedure for compiling the list of assets of sanctioned market participants. on July 25, 2025, the NBU approved the draft without comment, and on the same day it was approved by the Commission.
