New ordinance approved

The Commission approved an Ordinance on the form and the content of the annual financial report of the insurance and health insurance companies.

New ordinance adopted

 

The Commission adopted an Ordinance on the methods and procedures for licensing actuaries of pension insurance companies and managed by them  supplementary pension insurance funds.

New management board of the Guarantee Fund has been appointed

With a decision of the Deputy Chairman of FSC, Head of Insurance Supervision Division, new members of the Guarantee Fund have been approved.  Mr. Borislav Mihailov is appointed a Chairman of the management board of the fund. Members of the board are  Mr. Dancho Jikov, Mrs. Diana Maneva, Mr.  Nikolay Sotirov and Mr. Todor Genchev.

New investment intermediary – STS Finance AD

FSC issued a license for operation as an investment intermediary in Bulgaria and abroad to STS Finance AD, Gabrovo. The license’s scope permits STS Finance AD to execute transactions in securities only for the account of a third party.

New investment intermediary – Bench Mark Finance AD

FSC issued a license to operate as an investment intermediary in Bulgaria to Bench Mark Finance AD, Sofia. The license’s scope permits Bench Mark Finance AD to execute transactions in securities only for the account of a third party.

New investment intermediary – Pozitiva AD

FSC issued a license to operate as an investment intermediary in Bulgaria and abroad to Pozitiva AD, Sofia. The license’s scope permits Pozitiva AD to execute transactions in securities only for the account of a third party.