The Financial Supervision Commission (FSC) has been notified by the competent authority of Ireland (CENTRAL BANK OF IRELAND (CBI)) of the merger from the insurance undertaking “The Standard Club Ireland DAC” to “NorthStandard EU DAC”, including insurance contracts on which Bulgaria is a Member State where the risk is located. After reviewing the portfolio documents, the FSC decided to send a letter to the national competent authority of Ireland on granting consent of the merger of “The Standard Club Ireland DAC” to “NorthStandard EU DAC”