Regulatory Alerts2026-05-29
Law on Special Purpose Investment Companies and Securitization Companies
The National Assembly of Bulgaria enacted this law to regulate the establishment, licensing, and supervision of Special Purpose Investment Companies (SPICs) and Securitization Companies, aligning national frameworks with EU Regulation 2017/2402. The legislation mandates strict capital requirements, governance standards, and investment restrictions for SPICs to ensure investor protection and market stability. It also defines the supervisory roles of the Financial Supervision Commission and its vice-presidents in overseeing compliance with simplified, transparent, and standardized securitization rules.
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