Regulatory Alerts2017-07-26
Ordinance No 9 of the BNB on Information and Documents for Temporary Administrators or Special Managers of a Bank
The Bulgarian National Bank issued this ordinance to specify the information and documents required to prove compliance with eligibility criteria for appointing temporary administrators or special managers to banks. The regulation mandates the submission of educational credentials, conviction status certificates, detailed curricula vitae, and a completed fitness and probity questionnaire to demonstrate professional experience and impartiality. It further establishes procedures for the recognition of foreign qualifications, the handling of additional documentation requests, and the maintenance of a registry of interested candidates by the central bank.
Share