Regulatory Alerts2022-07-28
Ordinance No 44 of the BNB on the Terms and Procedure for Selection of Independent Valuers
The Bulgarian National Bank issues this Ordinance to establish the terms and procedures for selecting independent valuers to conduct asset and liability valuations for credit institution resolution. The document defines strict eligibility criteria, including professional qualifications, financial thresholds, and conflict of interest safeguards, for both natural persons and legal entities seeking inclusion in the official list. It further details the application process, required documentation, and the Governing Council's role in managing the selection and maintenance of the valuer registry.
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