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.
Broker’s license revoked
The Commission revoked the broker’s license of Lyubomir Peynovsky.
A recovery program of an investment intermediary approved
The Commission approved a recovery program of investment intermediary Zlaten Lev Brokeri OOD, Sofia.
New insurance broker – Euroins OOD
The Deputy Chairman of FSC, head of Insurance Supervision Commission issued license to operate as an insurance broker to company Euroins OOD.
Economic and Investment Bank’ mortgage bonds issue deleted from the public register
The Deputy Chairman of FSC, Head of Investment Supervision Division gave a permission the issue of mortgage bonds, ISIN: BG2100002026, issued by Economic and Investment Bank to be deleted from the public register of the Commission.
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 share issue of “Promota Bulgaria” AD registered with the Commission
FSC registered with its register of public companies and other issuers the following issue of securities. It is issued as a result of the increase of the company’s capital:
Issuer: “Promota Bulgaria” AD
Type of securities: ordinary, dematerialized, fully transferable shares
Size of the issue: 2 800 000 shares
Nominal & issuing value: BGN 1
FSC signed Memorandums of understanding and exchange of information with Romanian Securities Commission and Romanian Insurance Commission
On April 20th, 2004 during an official visit of FSC representatives in Bucharest, Roumania were sighed two Memorandums of understanding and information exchange between the Romanian Securities Commission and Bulgarian FSC, and Romanian Insurance Commission and FSC.
It is an important step toward the establishment of close cooperation between the supervisory bodies in both countries and development of efficient mechanisms of information exchange and experience concerning the capital and insurance markets in Roumania and Bulgaria.
New insurance broker – Sofia Ins 2004 EOOD
The Deputy Chairman of FSC, head of Insurance Supervision Commission issued license for operations as an insurance broker to company Sofia Ins 2004 EOOD.
Temporary prohibition on tender offer for buying shares Prokon – 90 AD
FSC issued a temporary prohibition on publishing of the following tender offer :
– Company, object of the offer: Prokon – 90 AD, Dobrich
– Offeror: Bulgaria AD, Dobrich
– Authorized investment intermediary: Elana Trading