Regulatory Alerts2026-05-28
Law on Additional Supervision of Financial Conglomerates
The National Bank of Bulgaria and the Financial Supervision Commission establish additional supervision rules for financial conglomerates operating in Bulgaria to ensure systemic stability. The law defines financial conglomerates based on cross-sectoral activities and significant thresholds, requiring coordinated oversight of capital adequacy, risk concentration, and intra-group transactions. Competent authorities are empowered to identify conglomerates, determine calculation methods for capital requirements, and apply specific supervisory measures to mitigate risks arising from complex financial structures.
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