Regulatory Alerts2018-09-27
Ordinance No. 61 of 27.09.2018 on Requirements for Advertising and Written Information Materials and Internet Pages of Pension Insurance Companies
The Commission for Financial Supervision issued Ordinance No. 61 to establish mandatory requirements for advertising, written information, and internet pages of pension insurance companies in Bulgaria. The regulation mandates that all materials be accurate, non-misleading, and published in Bulgarian, while requiring specific disclosures regarding investment performance, risk levels, and fund structures. It further standardizes the formats for individual account statements, key information documents, and public reporting of nominal returns and investment risks.
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