OREANDA-NEWS. January 20, 2014. Ukraine would be able to strengthen the protection of private investors that operate at the stock market guaranteeing them compensation in the event of failure of an investment firm to meet its obligations.

That was started by the First vice Prime Minister Serhiy Arbuzov, commenting approved at today's cabinet meeting the government's draft law on the System of guaranteeing individual investment at the stock market, the bill was designed by the NCSSE (National Commission on Securities and Stock Exchange).

"In the case of adoption by Verkhovna Rada of the document, we will get the legal basis for the creation of the individuals’ investment guaranteeing fund. There are similar structures, for example, everywhere in Europe, enabling all professional participants of the stock market bear joint liability before investors," Serhiy Arbuzov said. According to him, the bill provides that the one-time contribution of fund’s members to make up about 1 % of the share capital and current contribution – 0.1% of quarterly rate of value of individuals’ investments. This, according to the authors of the bill, will determine the amount of compensation payments of 90% of unreturned investment.

The First vice Prime Minister particularly emphasized the fact that the document is aimed at bringing the legislation of Ukraine in accordance with the requirements of EU legislation. "All the EU Member States are obligated to have the scheme to protect small investors, so the adoption of the document is a task for Ukraine within European integration process," Serhiy Arbuzov said.

After the conducting all necessary proceedings the bill approved by the Cabinet of Ministers will be registered in the Parliament.