The Commission issued to Mrs. Antoaneta Gancheva a license for actuary of pension funds
New actuary of Bulgarian Agency for Export Insurance approved
New member of the Board of Directors of the insurance company “Energy” approved
The Deputy Chairman of FSC, Head of Insurance Supervision Division approved Maxim Sirakov as a member of the Board of Directors of the insurance company “Energy”, Sofia.
New member of the Board of Directors of “Bulgarian Health Insurance Fund” approved
The Deputy Chairman of FSC, head of Insurance Supervision Division approved Branimir Milev as a member of the Board of Directors of “Bulgarian Health Insurance Fund” AD, Sofia.
Ms. Ralitsa Againe Officially Assumed the Administration of the Insurance Supervision Division at the FSC
On April 13, 2005, the National Assembly elected Ms. Ralitsa Againe Deputy Chairperson of the Financial Supervision Commission in charge of the Insurance Supervision Division.
Ms. Ralitsa Againe was MP with the 39th National Assembly. In her capacity of MP, Ms. Againe was member of the Economic Policy Committee and Chair of the Subcommittee on Investments and Capital markets under the Parliamentary Economic Committee.
Ms. Againe is also member of the Standing Delegation to the NATO Parliamentary Assembly. Deputy Chairperson of the Bulgaria-US Inter-parliamentary Friendship Group. Founder and member of the Supervisory Board of the Investors Association.
Mr. Boyko Atanasov, Chairman of the Financial Supervision Commission will participate in a round table on “Strategic Management and Regulation of Business Processes in the State”
Mr. Boyko Atanasov, Chairman of the Financial Supervision Commission, will take part in a round table organized by the Higher School of Insurance and Finance (VUZF) on “Strategic Management and Regulation of Business Processes in the State” on 31 March 2022.
The first panel of the round table focuses on the need for a strategy for economic development of the country and the necessary steps in this regard. Well-known experts and lecturers from prestigious universities in Bulgaria will take part in it.
The second panel focuses on the regulatory function of the state. In it, Mr. Boyko Atanasov will present the regulatory functions of the FSC and the directions for development of the non-banking financial sector in Bulgaria.
The event is organized by VUZF and the Laboratory for Scientific and Applied Research VUZF Lab and will be broadcast live through their online channels.
Memorandum of understanding on technical co-operation between Agency for supervision of fully funded pension insurance of Macedonia and Financial Supervision Commission of Bulgaria signed
On April 14th a Memorandum of understanding on technical co-operation between Agency for supervision of fully funded pension insurance of Macedonia and Financial Supervision Commission of Bulgaria was signed.
It is an important step towards the establishment of mechanisms of co-operation, exchange of knowledge and experience concerning the reform of the pension system and the pension funds regulation and supervision;
Both countries will share experience gained in the field of initiation of pension reform, operation of pension funds, mechanisms of supervision of pension funds and adopted legislative and legal measures.
Matador Primer Ltd. License was taken by Decision of FSC
On its Board meeting on 11.10.2018 the Financial Supervision Commission (FSC) took Decision for the withdrawal of the license of the investment company Matador Primer Ltd. In order to take all the necessary measures to settle the investment company’s relations with its clients, Stoil Vladimirov Molloff was appointed as a questor (administrator) of the company.
The questor (administrator) will have three months to settle the relations with the customers of Matador Prime Ltd. The contact details of the questor are as follows: +359 2 955 53 48; e-mail: molloff@aplawbg.com
Matador Primer Ltd. License was taken by Decision of FSC
On its Board meeting on 11.10.2018 the Financial Supervision Commission (FSC) took Decision for the withdrawal of the license of the investment company Matador Primer Ltd. In order to take all the necessary measures to settle the investment company’s relations with its clients, Stoil Vladimirov Molloff was appointed as a questor (administrator) of the company.
The questor (administrator) will have three months to settle the relations with the customers of Matador Prime Ltd. The contact details of the questor are as follows: +359 2 955 53 48; e-mail: molloff@aplawbg.com
The questor (administrator) will have three months to settle the relations with the customers of Matador Prime Ltd. The contact details of the questor are as follows: +359 2 955 53 48; e-mail: molloff@aplawbg.com
Mariya Filipova, Deputy Chairperson of the Financial Supervision Commission, was a special guest at the XXI award ceremony for investment firms and banks that achieved the highest results in 2021
The Deputy Chairperson of the Financial Supervision Commission, head of the Investment Supervision Department, was a special guest at the XXI award ceremony for investment firms and banks that achieved the highest results in 2021.
The award ceremony was officially opened by Mariya Filipova – Deputy Chairperson of the Financial Supervision Commission, Vasil Golemanski – Deputy Chairperson of the Board of BSE and Assoc. Prof. Dr. Manyu Moravenov – Executive Director of BSE.
In her greeting to the guests of the event, Ms. Filipova noted: “The past 2021 was full of challenges, but since every challenge is an opportunity for development, we have all witnessed the growing interest of investors in products and new opportunities offered on the Bulgarian capital market. The FSC, the BSE and the investment firms are involved in this process and are guided by one goal – to create a sustainable, stable and accessible market for investors.” In conclusion, she stressed that “the basis of balanced and beneficial interactions between the regulator and market participants is respect for the rights and obligations of all those involved in the process” and called for “the establishment of transparent and fair relations between all participants in the capital market.”
Ms. Mariya Filipova presented the award for investment firms with the most significant contribution in 2021 to Carol AD. Carol AD was also distinguished as the investment firm which achieved the highest turnover on the BSE in 2021 and the investment firm that concluded the most transactions on the BSE in 2021.
For the first time on the BSE presented an award for the most active bank-investment firm for 2021 the award went to Central Cooperative Bank AD. The public company Alterco AD, whose shares are traded on a regulated market, was awarded as the issuer with the most significant contribution to the development of the capital market last year. Yuliyan Sofroniev, founder and CEO of Biodit AD, the first company admitted to the market for growth of small and medium enterprises, was awarded as the person with the greatest contribution to the promotion of the capital market in 2021.
The ceremony was held under the motto „Fashion (evolution)“ and her special guest was Sibina Grigorova – managing editor of the media „Boulevard Bulgaria“ and co-host of the podcast „Life and Other Things“, which outlined the trends for 2022.