Regulatory Alerts2026-05-11
Law on the Activity of Collective Investment Schemes and Other Collective Investment Undertakings
The National Assembly of Bulgaria enacted this law to regulate the activities of collective investment schemes, alternative investment fund managers, and other collective investment undertakings under the supervision of the Financial Supervision Commission. It establishes strict licensing requirements, minimum capital thresholds, and governance standards to ensure investor protection, market transparency, and financial stability. The legislation mandates compliance with EU regulations, including specific rules for money market funds and exchange-traded funds, while prohibiting unauthorized entities from using protected financial designations.
Share