2018-11-08
Added · Updated
The Commission for Financial Supervision issued Ordinance No. 63 to establish the content, frequency, and submission deadlines for supervisory reports of pension insurance companies and their managed funds. The regulation mandates monthly, quarterly, and annual reporting via a secure electronic portal using specific standardized forms for various fund types. Recent amendments update these requirements to align with EU regulations for PEPP funds and replace the Bulgarian lev with the euro upon its introduction in Bulgaria.
FSC published 2 documents in the last 30 days — get each new one by email the day it lands.
ORDINANCE No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them Issued by the Chairman of the Commission for Financial Supervision, published in State Gazette, No. 95 of 16.11.2018, effective from 19.11.2018, amended and supplemented, No. 58 of 13.07.2021, effective from 1.09.2021, No. 80 of 24.09.2021, effective from 24.09.2021, amended, No. 64 of 9.08.2022, effective from 9.08.2022, amended and supplemented, No. 70 of 20.08.2024, amended, No. 20 of 11.03.2025, effective from the date of introduction of the euro in the Republic of Bulgaria
Art. 1. (Suppl. - SG, No. 58 of 2021, effective from 1.09.2021.) This Ordinance regulates the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them for additional pension insurance and payment funds.
Art. 2. The pension insurance company submits to the Commission for Financial Supervision within 20 days after the end of each month monthly supervisory reports of the company and the funds managed by it according to the form in accordance with:
Art. 3. The pension insurance company submits to the Commission for Financial Supervision within 20 days after the end of each quarter together with the reports under Art. 2 and a supervisory report for the quarter according to the form in accordance with Appendix No. 6.
Art. 4. The pension insurance company submits to the Commission for Financial Supervision within three months after the end of the financial year annual supervisory reports of the company and the funds managed by it according to the form in accordance with:
Appendix No. 7 - for a pension insurance company;
Appendix No. 8 - for a universal pension fund;
Appendix No. 9 - for a professional pension fund;
Appendix No. 10 - for a fund for additional voluntary pension insurance;
Appendix No. 11 - for a fund for additional voluntary pension insurance under professional schemes;
(new - SG, No. 58 of 2021, effective from 1.09.2021.) Appendix No. 12 - for a fund for the payment of life annuities;
(new - SG, No. 58 of 2021, effective from 1.09.2021.) Appendix No. 13 - for a fund for deferred payments.
(new - SG, No. 70 of 2024.) Appendix No. 14 - for a voluntary pension fund for PEPP.
Art. 5. The reports under Art. 2 - 4 are submitted in electronic form, signed with a qualified electronic signature, through the electronic portal maintained by the Commission for Financial Supervision.
Art. 6. (New - SG, No. 70 of 2024.) (1) In sections I - V of the reports under Art. 2, item 8 and Art. 4, item 8, information is presented separately for:
Art. 7. (New - SG, No. 70 of 2024.) The pension insurance company managing a voluntary pension fund for PEPP submits to the Commission for Financial Supervision within three months after the end of the financial year the information specified in Art. 1 of Delegated Regulation (EU) 2021/896 of 24 February 2021 supplementing Regulation (EU) 2019/1238 of the European Parliament and of the Council as regards additional information for the purposes of the harmonisation of supervisory reporting (OJ, L 197/5 of 4 June 2021). The information in the first sentence is prepared in accordance with the forms under Art. 3 of Implementing Regulation (EU) 2021/897 of 4 March 2021 laying down technical standards for implementation of Regulation (EU) 2019/1238 of the European Parliament and of the Council as regards the format of supervisory reporting to competent authorities and cooperation and exchange of information between competent authorities and the European Insurance and Occupational Pensions Authority (OJ, L 197/7 of 4 June 2021).
TRANSITIONAL AND FINAL PROVISIONS
§ 1. (Amended - SG, No. 70 of 2024.) The Ordinance is issued on the basis of Art. 185, para. 3 and in connection with Art. 252, para. 1 and 4 of the Social Security Code and was adopted by Decision No. 1051-N of 8 November 2018 of the Commission for Financial Supervision.
§ 2. Pension insurance companies prepare and submit the reports and statements for supervisory purposes for the month of October 2018 according to the forms in force until the entry into force of this Ordinance.
§ 3. This Ordinance enters into force from 19.11.2018.
TRANSITIONAL AND FINAL PROVISIONS to the Ordinance for amendment and supplementation of Ordinance No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them
(SG, No. 58 of 2021, effective from 1.09.2021, amended, No. 80 of 2021, effective from 24.09.2021) § 19. (Amended - SG, No. 80 of 2021, effective from 24.09.2021.) The reports for the month of August 2021 of the funds for additional pension insurance are submitted according to the forms in accordance with Appendices No. 2 - 5 to Art. 2, items 2 - 5, approved by this Ordinance.
........................................................................................
TRANSITIONAL AND FINAL PROVISIONS to the Ordinance for supplementation of Ordinance No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them (SG, No. 80 of 2021, effective from 24.09.2021) § 3. (1) The reports for the month of August 2021 of the pension insurance companies are submitted according to the forms in accordance with Appendix No. 1 to Art. 2, item 1 of Ordinance No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them, supplemented by this Ordinance, within 5 days from the date of its entry into force. (2) In case of submitted reports under para. 1 before the entry into force of this Ordinance, the companies submit the data under § 1 within the deadline under para. 1.
.......................................................................................
TRANSITIONAL AND FINAL PROVISIONS to the Ordinance for amendment of Ordinance No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them (SG, No. 64 of 2022, effective from 9.08.2022) § 17. (1) Pension insurance companies submit the reports under Art. 186a of the Social Security Code and the appendices to the statements under § 18 and 20 for the month of July according to the forms amended by this Ordinance. (2) In case of submitted reports and statements under para. 1 before the entry into force of this Ordinance, the companies submit the data under § 1 - 9, § 18 and 20 by 20.08.2022.
.......................................................................................
TRANSITIONAL AND FINAL PROVISIONS to the Ordinance for amendment and supplementation of Ordinance No. 63 of 8.11.2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them (SG, No. 70 of 2024) § 10. Pension insurance companies prepare and submit the reports and statements for supervisory purposes for the month of August 2024 according to the forms in force until the entry into force of this Ordinance.
.......................................................................................
ORDINANCE for amendment and supplementation of normative acts of the Commission for Financial Supervision (SG, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
.......................................................................................
§ 15. In Ordinance No. 63 of 8 November 2018 on the requirements for the content, frequency of preparation, and deadlines for submission of supervisory reports of pension insurance companies and the funds managed by them (published, SG, No. 95 of
2018; amended and supplemented, No. 58 and 80 of 2021, No. 64 of 2022 and No. 70 of 2024) in the appendices everywhere the words "lv." and "leva" are replaced with "euro". Transitional and Final Provisions § 19. (1) All reports and statements approved by the ordinances under § 1 - 5, 7, 14, 15 and 17, which cover a period or refer to a date preceding the date of introduction of the euro in the Republic of Bulgaria, are prepared according to the previous procedure. (2) The annual extracts from the individual accounts of insured persons in the funds for additional pension insurance and the annual extracts from the analytical accounts of persons who receive payments from the funds for deferred payments, as of the end of the calendar year preceding the date of introduction of the euro, are prepared according to the previous procedure and are sent together with the information under Art. 21, para. 6 of the Law on the Introduction of the Euro in the Republic of Bulgaria. § 20. This Ordinance enters into force from the date of introduction of the euro in the Republic of Bulgaria.
.......................................................................................
Appendix No. 1
to Art. 2, item 1
(Amended - SG, No. 58 of 2021, effective from 1.09.2021, supplemented, No. 80 of 2021, effective from 24.09.2021, amended, No. 64 of 2022, effective from 9.08.2022, No. 70 of 2024, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
Monthly report of .........................................
(name of the pension insurance company)
.................
(EIK)
XI. Investments of the reserve for guaranteeing the payment of life annuities
.........................................................................................................
(name of the fund for the payment of life annuities)
for ......................
No. Type of asset Book value (in euro) at the beginning of the period at the end of the period 1 2 3 4
I. Debt financial instruments
1 Debt securities (under Art. 176, para. 1, item 1 of the SSC) 2 Corporate bonds 3 Bonds issued by a local government authority
II. Equity financial instruments
1 Shares, rights and warrants
2 Shares and units of collective investment schemes
III. Bank deposits
Total invested funds:
IV. Cash
Total assets covering the reserve
Prepared by: .................. Representing the company:
(name, surname, signature)
with issuer
1 2 3 4 5 6 7 8 9 1
0
11 12 13 14 15 1
6
1
7
1
8
19 2
0
21
Debt securities issued or guaranteed by a Member State or by its central bank (under Art. 176, para. 1, item 1, sub-item "a" of the SSC) - total, including
Debt securities issued or guaranteed by the ECB or by the EIB (under Art.
176, para. 1, item 1, sub-item "b" of the SSC) - total, including
Debt securities issued or guaranteed by a third country or by its
central bank (under Art. 176, para. 1, item 1, sub-item "c" of the SSC) - total, including
Debt securities issued or guaranteed by another country or by its
central bank (under Art. 176, para. 1, item 1, sub-item "d" of the SSC) - total, including
Debt securities issued or guaranteed by international financial
organizations (under Art. 176, para. 1, item 1, sub-item "e" of the SSC) - total, including
Bonds issued by a local government authority of a Member State (under Art.
176, para. 1, item 2, sub-item "a" of the SSC) - total, including
Bonds issued by a local government authority of a third country (under Art. 176,
para. 1, item 2, sub-item "b" of the SSC) - total, including
Bonds issued by a local government authority of another country (under Art. 176,
para. 1, item 2, sub-item "c" of the SSC) - total, including
Corporate bonds issued or guaranteed by banks with more than 50 percent
state participation, having obtained permission to carry out banking activities according to the legislation of a Member State for the purpose of financing long-term and medium-term infrastructure and investment projects (under Art. 176, para. 1, item 3 of the SSC) - total, including
Corporate bonds admitted to trading on a regulated market in a Member
State (under Art. 176, para. 1, item 4, sub-item "a" of the SSC) - total, including
Corporate bonds admitted to trading on an official stock exchange market or other organized market in a third country (under Art. 176, para. 1, item 4, sub-item "b" of the SSC) - total, including
Total
Prepared by: .................. Representing the company:
(name, surname, signature)
...........................
Date: ...................... (name, surname, signature)
...........................
(name, surname, signature)
Monthly report of .........................................
(name of the pension insurance company)
.................
(EIK)
XIV. Value of investments of the reserve for guaranteeing the payment of life annuities in bank deposits
for ..........................................................
(name of the fund for the payment of life annuities)
for .......................
State
Bank
Code of bank
EIK of bank
LEI code of bank
Credit rating
Rating agency
No. of contract/
annex
Date of contract/
annex
Code currency
Principal
Annual interest on contract
(in
%)
Start date of accrual of interest
Date of maturity
Accrued interest in euro
Value in euro, including accrued interest in accor ting currency in euro 1 2 3 4 5 6 7 8 9 1 0 11 1 2 13 14 1 5 16 17 Total Prepared by: .................. Representing the company:
(name, surname, signature)
1 2 3 4 5 6 7 8 9 1
0
11 12 13 14 15 1
6
1
7
1
8
19 2
0
21
Debt securities issued or guaranteed by a Member State or by its central bank (under Art. 176, para. 1, item 1, sub-item "a" of the SSC) - total, including
Debt securities issued or guaranteed by the ECB or by the EIB (under Art.
176, para. 1, item 1, sub-item "b" of the SSC) - total, including
Debt securities issued or guaranteed by a third country or by its
central bank (under Art. 176, para. 1, item 1, sub-item "c" of the SSC) - total, including
Debt securities issued or guaranteed by another country or by its
central bank (under Art. 176, para. 1, item 1, sub-item "d" of the SSC) - total, including
Debt securities issued or guaranteed by international financial
organizations (under Art. 176, para. 1, item 1, sub-item "e" of the SSC) - total, including
Bonds issued by a local government authority of a Member State (under Art.
176, para. 1, item 2, sub-item "a" of the SSC) - total, including
Bonds issued by a local government authority of a third country (under Art. 176,
para. 1, item 2, sub-item "b" of the SSC) - total, including
Bonds issued by a local government authority of another country (under Art. 176,
para. 1, item 2, sub-item "c" of the SSC) - total, including
Corporate bonds issued or guaranteed by banks with more than 50 percent
state participation, having obtained permission to carry out banking activities according to the legislation of a Member State for the purpose of financing long-term and medium-term infrastructure and investment projects (under Art. 176, para. 1, item 3 of the SSC) - total, including
Corporate bonds admitted to trading on a regulated market in a Member
State (under Art. 176, para. 1, item 4, sub-item "a" of the SSC) - total, including
Corporate bonds admitted to trading on an official stock exchange market or other organized market in a third country (under Art. 176, para. 1, item 4, sub-item "b" of the SSC) - total, including
Total
Prepared by: .................. Representing the company:
(name, surname, signature)
...........................
Date: ...................... (name, surname, signature)
...........................
(name, surname, signature)
Monthly report of .........................................
(name of the pension insurance company)
.................
(EIK)
XVI. Value of investments of the own funds, covering
the solvency margin in bank deposits, excluding investments of the reserve for guaranteeing the payment of life annuities
for .............
State
Bank
Code of bank
EIK of bank
LEI code of bank
Credit rating
Rating agency
No. of contract/
annex
Date of contract/
annex
Code currency
Principal
Annual interest on contract
(in
%)
Start date of accrual of interest
Date of maturity
Accrued interest in euro
Value in euro, including accrued interest in accor ting currency in euro 1 2 3 4 5 6 7 8 9 1 0 11 1 2 13 14 1 5 16 17
Total
Prepared by: .................. Representing the company:
(name, surname, signature)
Appendix No. 3
to Art. 2, item 3
(Amended - SG, No. 58 of 2021, effective from 1.09.2021, No. 64 of 2022, effective from 9.08.2022, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
Appendix No. 4
to Art. 2, item 4
(Amended - SG, No. 58 of 2021, effective from 1.09.2021, No. 64 of 2022, effective from 9.08.2022, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
Appendix No. 5
to Art. 2, item 5
(Amended - SG, No. 58 of 2021, effective from 1.09.2021, No. 64 of 2022, effective from 9.08.2022, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
Appendix No. 5a
to Art. 2, item 6
(New - SG, No. 58 of 2021, effective from 1.09.2021, amended, No. 64 of 2022, effective from 9.08.2022, No. 20 of 2025, effective from the date of introduction of the euro in the Republic of Bulgaria)
Appendix No. 5b
to Art. 2, item 6
(New
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Source: Financial Supervision Commission Bulgaria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from FSC
FSC published 2 documents in the last 30 days. We email you each new one the day it's published.