KIEV, July 12 - The International Monetary Fund demands that the National Securities and Stock Market Commission's operational autonomy be legislatively sealed along with authority to investigate offences and access to inspections, and also insists that secrecy in banking be removed, Commission head Timur Khromaev said.

"Some issues are the IMF's demands. They've got four of them: the abolition of obligatory registration [Commission acts at the Justice Ministry], or operational autonomy, the right to conduct inspections, authority to investigate, and the repeal of secrecy in banking," he said at a commission meeting on Tuesday devoted to the strategic development and economic analysis of the stock market.