Notification of the intention of HSBC Life (Europe) Limited to transfer its life assurance portfolio to HSBC Life Assurance (Malta) Limited

The Financial Supervision Commission (FSC) notifies all concerned parties that on 22 August 2013 the competent authority of the Ireland (Central Bank of Ireland) has informed about а proposed transfer of life assurance portfolio from HSBC Life (Europe) Limited (transferring insurer) to HSBC Life Assurance (Malta) Limited (transferee).

FSC has not been notified on the intention of the transferee company to operate on the territory of the Republic of Bulgaria under the right of establishment or the freedom to provide services.