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2004-05-05

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Ordinance No. 15 of 05.05.2004 on the keeping and storage of registers by the Financial Supervision Commission and on the circumstances subject to registration

This ordinance establishes the procedures for the Financial Supervision Commission (FSC) to keep and store registers as mandated by the Law on the Financial Supervision Commission, detailing the specific circumstances subject to registration. The FSC maintains registers for a wide range of entities, including regulated markets, investment intermediaries, public companies, collective investment schemes, insurance companies, and supplementary social security companies. Entities are required to declare registrable information and changes within 7 days of a decision or event, unless a different deadline is stipulated. The ordinance also specifies general information to be registered for each legal entity, such as name, identification codes (EIK/LEI), legal form, address, and details of any administrative measures or sanctions applied by the FSC.

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ORDINANCE No. 15 of 05.05.2004 on the keeping and storage of registers by the Financial Supervision Commission and on the circumstances subject to registration Promulgated - State Gazette, issue 54 of 23.06.2004; effective from 01.10.2004; amended, issue 15 of 15.02.2005; effective from 01.01.2005; amended and supplemented, issue 12 of 07.02.2006; issue 53 of 30.06.2006; amended and supplemented, issue 22 of 13.03.2007; amended and supplemented, issue 63 of 15.07.2008; amended and supplemented, issue 68 of 01.08.2008; amended and supplemented, issue 13 of 17.02.2009; amended, issue 49 of 29.06.2010, effective 31.08.2010; amended and supplemented, issue 68 of 15.08.2014, effective from 01.11.2014; amended, issue 90 of 31.10.2014, effective from 31.10.2014; amended and supplemented, issue 95 of 28.11.2017, effective from 28.11.2017; amended and supplemented, issue 101 of 07.12.2018; supplemented, issue 41 of 21.05.2019; amended and supplemented, issue 55 of 12.07.2019; amended and supplemented, issue 30 of 31.03.2020; amended and supplemented, issue 61 of 10.07.2020; amended and supplemented, issue 48 of 08.06.2021; amended and supplemented, issue 60 of 20.07.2021; amended and supplemented, issue 97 of 19.11.2021, effective from 01.01.2022; amended and supplemented, issue 47 of 24.06.2022; amended and supplemented, issue 101 of 20.12.2022, effective from 01.01.2023; amended and supplemented, issue 70 of 20.08.2024; amended and supplemented, issue 109 of 16.12.2025, effective from 16.12.2025; amended and supplemented, issue 73 of 14.08.2026, effective from 01.01.2027. Adopted by Decision No. 21-N of 05.05.2004 of the Financial Supervision Commission

Chapter One GENERAL PROVISIONS

Art. 1. This ordinance defines the procedure for keeping and storing the registers under Art. 30, para. 1 of the Law on the Financial Supervision Commission (LFSC) by the Financial Supervision Commission, hereinafter referred to as "the Commission", as well as the circumstances subject to registration.

Art. 2. (Amended and supplemented - State Gazette, issue 22 of 2007; amended, issue 63 of 2008; amended and supplemented, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; supplemented, issue 95 of 2017, effective from 28.11.2017; amended and supplemented, issue 101 of 2018; amended, issue 55 of 2019; amended and supplemented, issue 30 of 2020; supplemented, issue 61 of 2020; amended, issue 47 of 2022; supplemented, issue 109 of 2025, effective from 16.12.2025) The Commission keeps registers for:

  1. (amended - State Gazette, issue 63 of 2008; supplemented, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; supplemented, issue 95 of 2017, effective from 28.11.2017; amended and supplemented, issue 101 of 2018; amended, issue 30 of 2020) regulated markets for financial instruments, multilateral trading facilities, organised trading facilities and growth markets;
  2. investment intermediaries;
  3. public companies and other issuers of securities;
  4. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014) collective investment schemes;
  5. (supplemented - State Gazette, issue 12 of 2006; amended, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014) management companies;
  6. (new - State Gazette, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014) national investment funds;
  7. (new - State Gazette, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; supplemented, issue 101 of 2018; amended, issue 30 of 2020) persons managing alternative investment funds, and the alternative investment funds managed by them, including venture capital funds, social entrepreneurship funds or long-term investment funds;
  8. (new - State Gazette, issue 101 of 2018) tied agents;
  9. (new - State Gazette, issue 101 of 2018; amended, issue 47 of 2022) approved reporting mechanisms and approved publishing mechanisms under Art. 1, item 3 of the Law on Markets in Financial Instruments (LMFI);
  10. (new - State Gazette, issue 101 of 2018) benchmark administrators licensed or registered by the Commission in accordance with Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks for the purposes of financial instruments and financial contracts or to measure the performance of investment funds, and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 (OJ, L 171/1 of 29 June 2016) (Regulation (EU) 2016/1011);
  11. (repealed, replaced by previous item 6, amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; previous item 8, issue 101 of 2018; amended, issue 30 of 2020) financial instrument brokers and investment consultants;
  12. (supplemented - State Gazette, issue 53 of 2006; previous item 7, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; previous item 9, issue 101 of 2018) insurers and reinsurers;
  13. (new - State Gazette, issue 95 of 2017, effective from 01.03.2018; previous item 10, issue 101 of 2018) special purpose vehicles for alternative risk transfer;
  14. (new - State Gazette, issue 109 of 2025, effective from 16.12.2025) organizations for professional training of employees of insurance brokers;
  15. (supplemented - State Gazette, issue 53 of 2006; previous item 9, issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; previous item 10, issue 95 of 2017, effective from 01.03.2018; previous item 11, issue 101 of 2018; amended, issue 55 of 2019; previous item 14, issue 109 of 2025, effective from 16.12.2025) insurance brokers, insurance agents and intermediaries offering insurance products as an ancillary activity;
  16. (new - State Gazette, issue 22 of 2007; repealed, replaced by previous item 10, as amended in issue 68 of 2014, effective from 01.11.2014; entry into force of amendment on 01.01.2015 - State Gazette, issue 90 of 2014, effective from 31.10.2014; previous item 11, issue 95 of 2017, effective from 01.03.2018; previous item 12, issue 101 of 2018; previous item 15, issue 109 of 2025, effective from 16.12.2025) supplementary social security companies, their managed funds and professional schemes;
  17. (previous item 11, amended, issue 22 of 2007; previous item 12, issue 95 of 2017, effective from 01.03.2018; previous item 13, issue 101 of 2018; previous item 16, issue 109 of 2025, effective from 16.12.2025) social security intermediaries of supplementary social security companies;
  18. (new - State Gazette, issue 53 of 2006; previous item 12, amended, issue 22 of 2007; previous item 13, issue 95 of 2017, effective from 01.03.2018; previous item 14, issue 101 of 2018; previous item 17, issue 109 of 2025, effective from 16.12.2025) persons with recognized qualification as responsible actuaries.
  19. (new - State Gazette, issue 61 of 2020; previous item 18, issue 109 of 2025, effective from 16.12.2025) authorized advisors.

Art. 3. (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) (1) The registers are based on a unified electronic database and a card index of registered persons. (2) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) Only information regarding circumstances and changes therein, as defined by this ordinance or another regulatory act, is subject to registration in the registers. (3) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) Entries in the registers provide public access to the information contained therein.

Chapter Two KEEPING OF REGISTERS

Art. 4. (Amended and supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 95 of 2017, effective from 28.11.2017; amended and supplemented, issue 101 of 2018; supplemented, issue 55 of 2019) (1) (Supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018) The registration procedure begins upon application by a person under Art. 2, their authorized or legal representative, or at the initiative of the Commission, respectively the Deputy Chairpersons heading the three main departments of the Commission, hereinafter referred to as "the Deputy Chairpersons of the Commission", unless another procedure is provided for by a regulatory act. (2) (Supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018) Persons under Art. 2 are obliged to declare for registration in the Commission's registers information regarding the circumstances subject to registration in the registers under Art. 2, as defined in the ordinance or another regulatory act, and changes therein. (3) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 95 of 2017, effective from 28.11.2017; supplemented, issue 55 of 2019) The obligation under para. 2 shall be fulfilled no later than 7 days from the adoption of the decision, respectively from the occurrence or knowledge of the circumstance subject to registration, and when it is subject to registration in the commercial register and the register of non-profit legal entities - no later than 7 days from that registration, unless another term is provided for by a regulatory act. (4) (New - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018) The Financial Supervision Commission determines the entries in the registers under this ordinance that are carried out entirely electronically in compliance with the Law on Electronic Document and Electronic Certification Services.

Art. 5. (Supplemented - State Gazette, issue 63 of 2008; amended and supplemented, issue 68 of 2014, effective from 01.11.2014; amended and supplemented, issue 101 of 2018; amended, issue 30 of 2020) (1) (Supplemented - State Gazette, issue 63 of 2008; amended, issue 101 of 2018; amended, issue 30 of 2020) Entries in the registers are made by order of the respective member of the Commission or duly authorized employees, unless another procedure is provided for by a regulatory act. (2) Orders for registration are issued based on documents containing the information subject to registration, submitted by applicants or officially collected or issued by the Commission and its bodies. (3) (Amended - State Gazette, issue 101 of 2018) When the application is submitted on paper, documents are submitted to the Commission in original or copies certified as "True to the original" by the person who signed the application, unless another certification is required by a regulatory act. Originals of documents are also provided upon request. (4) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018) The Commission, respectively the Deputy Chairpersons of the Commission, may approve mandatory paper forms and electronic registration forms, in which applicants shall fill in the information subject to registration in the specified format and template. (5) (Amended - State Gazette, issue 101 of 2018) The electronic registration forms under para. 4 are electronic documents within the meaning of Art. 3, para. 1 of the Law on Electronic Document and Electronic Certification Services, prepared in accordance with the standards, procedures and rules under Art. 6, para. 8. (6) (New - State Gazette, issue 68 of 2014, effective from 01.11.2014; supplemented, issue 101 of 2018) When the application is submitted electronically, the application is signed with a qualified electronic signature. If necessary, the Commission or its bodies may require electronic documents received to be submitted to it on paper as well. (7) (New - State Gazette, issue 101 of 2018) Certified copies of documents subject to announcement in the register under Art. 2, in which personal data other than those required by law are redacted, shall also be submitted with the application.

Art. 6. (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended and supplemented, issue 101 of 2018; amended, issue 30 of 2020) (1) For each person subject to registration, the entries provided for by the ordinance are made in the electronic database. (2) (Amended - State Gazette, issue 30 of 2020) For each entry in the electronic database under para. 1, the date, type of entry and names of the official who made the entry are noted. (3) (Amended - State Gazette, issue 101 of 2018; amended, issue 30 of 2020) Subsequent entries in the electronic database of the registers under Art. 2 are made in such a way that the information contained in previous entries is updated with the newly received information. (4) (Repealed - State Gazette, issue 101 of 2018). (5) (Amended - State Gazette, issue 101 of 2018) Errors made during registration are corrected based on an order of the respective member of the Commission, with the correction being noted in the relevant entry. (6) Correction of errors and inaccuracies in submitted electronic registration forms is carried out by submitting a new electronic form. (7) The Commission builds and maintains an automated information system for submitting information by persons under Art. 2, as well as for reviewing and disseminating the information contained in the registers under Art. 2 electronically. (8) The standards, procedures and rules for the organization and functioning of the automated information system are determined by the Chairperson of the Commission.

Art. 7. (1) For each person subject to registration, a file is opened in the card index, in which all orders for registration related to them, as well as the information subject to registration, documented on paper, are classified in chronological order of receipt. (2) Each file has a unique number, coinciding with the number of the registered person's entry. (3) All documents classified in the file are accompanied by an inventory, on which the date of receipt of the described documents is placed. The inventory is certified by an official who keeps the card index of registered persons.

Art. 8. (Amended and supplemented, issue 68 of 2014, effective from 01.11.2014) (1) (Supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014) The entry of information in the entry of registered persons and the classification of documents in the file of these persons are carried out by officials determined by order of the Chairperson of the Commission, in compliance with the rules determined by law or established by the Chairperson of the Commission. (2) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) Entries in the registers are made within three working days after the order for registration is issued, unless another term is determined by a regulatory act.

Art. 9. (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) (1) Everyone has the right to free access to the information contained in the registers under Art. 2. (2) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) Access to the information contained in the electronic database is provided through the Commission's website on the Internet. (3) Access to review the information contained in the card index of registered persons is provided on-site at the Commission's building, as determined by order of the Chairperson of the Commission.

Art. 10. (1) Anyone may request the preparation of a reference for the information entered in the registers under Art. 2 on paper or electronic media. (2) Requests for reviewing the information entered in the registers under Art. 2, as well as for preparing a reference under para. 1, are addressed to an official determined by order of the Chairperson of the Commission.

Chapter Three STORAGE OF REGISTERS

Art. 11. (Supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014) The actions for storing the registers are carried out by the officials who keep the registers under Art. 2, or under their guidance and supervision in compliance with the rules determined by law or established by the Chairperson of the Commission.

Art. 12. (Amended and supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014) (1) The electronic database is stored in a way that guarantees the integrity of the information and controlled access for entries and review in accordance with the requirements of the ordinance. (2) Copying information from the database to electronic media and from the card index of registered persons to paper media outside the cases under Art. 10 is carried out only with the permission of the Chairperson of the Commission. (3) (Amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) The information contained in the electronic database is archived in a procedure determined by the Chairperson of the Commission. (4) (Repealed - State Gazette, issue 68 of 2014, effective from 01.11.2014).

Art. 13. (1) The card index is stored in a way that guarantees its physical integrity. (2) Files from the card index may be removed from the premises where they are stored or provided for review only in a procedure established by the Commission.

Chapter Four CIRCUMSTANCES SUBJECT TO REGISTRATION

Section I Circumstances subject to registration, common to all registers

Art. 14. (Amended and supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; supplemented, issue 95 of 2017, effective from 28.11.2017; amended and supplemented, issue 101 of 2018; supplemented, issue 55 of 2019; amended, issue 30 of 2020; amended and supplemented, issue 97 of 2021, effective from 01.01.2022) (1) The following are entered in the entry of each legal entity, regardless of the register in which it is kept:

  1. (amended - State Gazette, issue 101 of 2018) the name, as well as data on changes in the name, if such have occurred after the registration of the legal entity in the respective register under Art. 2;
  2. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; supplemented, issue 95 of 2017, effective from 28.11.2017) the unified identification code (EIK) and, where applicable, the Legal Entity Identifier code (LEI code);
  3. the legal organizational form;
  4. (supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; repealed, issue 30 of 2020);
  5. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) the correspondence address, telephone, fax, email address (e-mail) and website (Web-site);
  6. (supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014) the headquarters and addresses of branches or offices, if any;
  7. the date and manner of establishment;
  8. (repealed - State Gazette, issue 30 of 2020);
  9. the term for which the legal entity is established, if any;
  10. (repealed - State Gazette, issue 30 of 2020);
  11. (repealed - State Gazette, issue 30 of 2020);
  12. (repealed - State Gazette, issue 30 of 2020);
  13. (repealed - State Gazette, issue 30 of 2020);
  14. (repealed - State Gazette, issue 30 of 2020);
  15. (repealed - State Gazette, issue 30 of 2020);
  16. (amended - State Gazette, issue 101 of 2018; repealed, issue 30 of 2020);
  17. (amended - State Gazette, issue 101 of 2018; repealed, issue 30 of 2020);
  18. (amended - State Gazette, issue 101 of 2018; repealed, issue 30 of 2020);
  19. (supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018; repealed, issue 30 of 2020);
  20. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) the transformation of the legal entity;
  21. (repealed - State Gazette, issue 30 of 2020);
  22. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014) the register or registers of the Commission in which the person is kept;
  23. (amended and supplemented - State Gazette, issue 101 of 2018) information on applied coercive administrative measures by the Commission, respectively by a Deputy Chairperson of the Commission, as well as their revocation, the grounds for their application, number and date of the decision;
  24. (amended and supplemented - State Gazette, issue 101 of 2018) information on imposed property sanctions by the Chairperson of the Commission, respectively by a Deputy Chairperson of the Commission, the legal provisions that were violated, number and date of the penal decree;
  25. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended and supplemented, issue 101 of 2018) information on imposed fines on persons authorized to manage and represent the legal entity, by the Chairperson of the Commission, respectively by a Deputy Chairperson, the legal provisions that were violated, number and date of the penal decree;
  26. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018; supplemented, issue 55 of 2019; repealed, issue 30 of 2020);
  27. (supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018; repealed, issue 30 of 2020);
  28. (amended - State Gazette, issue 68 of 2014, effective from 01.11.2014; amended, issue 101 of 2018; amended, issue 30 of 2020) the date and number of the Commission's decision for deregistration of the legal entity from the respective register. (2) (Supplemented - State Gazette, issue 68 of 2014, effective from 01.11.2014) In cases where some of the data under para. 1 are inapplicable to a specific person, they are replaced with the corresponding information if such is available. (3) (New - State Gazette, issue 101 of 2018) The Legal Entity Identifier code (LEI code) is also entered for every person for whom circumstances are entered in the entry of a person registered in a register under Art. 2, when the person possesses such a code. (4) (New - State Gazette, issue 101 of 2018; amended and supplemented, issue 97 of 2021, effective from 01.01.2022) Information on an applied coercive administrative measure, respectively information on an imposed property sanction or fine, is disclosed in the registers under Art. 2 after the decision, respectively the penal decree, enters into force, unless otherwise provided for in a regulatory act. Disclosure of information under the preceding sentence is carried out in a volume, under conditions and in a manner consistent with the requirements in the relevant regulatory act, if any.

Section II Circumstances subject to registration in the register for regulated markets for financial instruments

(Title amended - SG, No. 63 of 2008; supplemented, No. 68 of 2014, in force from 01.11.2014) Art. 15. (Amended - SG, No. 12 of 2006; amended in full, No. 63 of 2008; amended and supplemented, No. 68 of 2014, in force from 01.11.2014; supplemented, No. 95 of 2017, in force from 28.11.2017; amended and supplemented, No. 101 of 2018; amended, No. 30 of 2020; amended, No. 47 of 2022) (1) The following shall be entered in the register for regulated markets:

  1. (supplemented - SG, No. 95 of 2017, in force from 28.11.2017) the decision of the Commission by which a license for carrying out activity as a regulated market is issued, and the license number;

  2. the name, UIC, registered office and management address of the market operator;

  3. the amount of the market operator's capital;

  4. (supplemented - SG, No. 68 of 2014, in force from 01.11.2014; amended, No. 101 of 2018; repealed, No. 30 of 2020);

  5. (supplemented - SG, No. 68 of 2014, in force from 01.11.2014; amended, No. 101 of 2018; repealed, No. 30 of 2020);

  6. (amended - SG, No. 101 of 201

  7. (amended - State Gazette, No. 47 of 2022) the decision of the Commission granting the investment intermediary the right to carry out activities as an approved reporting mechanism or approved publishing mechanism pursuant to Art. 1, item 3 of the ZPFI;

  8. the type of data reporting service;

  9. the management rules pursuant to Art. 209, para. 1 of the ZPFI;

  10. (amended - State Gazette, No. 47 of 2022) the decision of the Commission withdrawing the right of the investment intermediary to provide services for carrying out activities as an approved reporting mechanism or approved publishing mechanism pursuant to Art. 1, item 3 of the ZPFI. (6) (Amended - State Gazette, No. 12 of 2006; previous para. 2, amended and supplemented, No. 63 of 2008; previous para. 5, amended, No. 101 of 2018) In the register of investment intermediaries that have received a license to carry out the services and activities pursuant to Art. 6, paras. 2 and 3 of the ZPFI under the conditions and procedure of the Credit Institutions Act (ZKI), the circumstances listed in para. 1 shall be entered, as well as:

  11. (amended - State Gazette, No. 63 of 2008) the date and number of the decision of the Bulgarian National Bank for issuing a license to carry out banking activity, which includes carrying out the transactions pursuant to Art. 2, para. 2, item 9 of the ZKI;

  12. (amended - State Gazette, No. 63 of 2008) the date and number of the decision of the Bulgarian National Bank for withdrawing the permission to carry out the transactions pursuant to Art. 2, para. 2, item 9 of the ZKI.

Section IV Circumstances Subject to Registration in the Register of Public Companies and Other Securities Issuers

Art. 17. (Amended and supplemented - State Gazette, No. 22 of 2007; amended and supplemented, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended and supplemented, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018; supplemented, No. 55 of 2019; amended, No. 30 of 2020; amended and supplemented, No. 97 of 2021, effective from 01.01.2022) (1) In the register of public companies and other securities issuers, for each issuer, the following shall be entered:

  1. the decision of the Commission by which the company is entered as an issuer in the register pursuant to Art. 30, para. 1, item 3 of the ZKFN;
  2. (amended - State Gazette, No. 22 of 2007; supplemented, No. 68 of 2014, effective 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017) the inside information pursuant to Art. 7 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2013/124/EU, 2003/125/EU and 2004/72/EC (OJ, L 173/1 of 12.06.2014) (Regulation No. 596/2014);
  3. (amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014) the annual financial reports for the activity pursuant to Art. 100n, para. 4 of the Public Offering of Securities Act (ZPPCK) and the annual consolidated financial reports for the activity pursuant to Art. 100n, para. 5 ZPPCK;
  4. (amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017) the six-month financial reports for the activity pursuant to Art. 100o, para. 4 ZPPCK and the consolidated six-month financial reports for the activity pursuant to Art. 100o, para. 5 ZPPCK, as well as the reports pursuant to Art. 100o, para. 7 ZPPCK;
  5. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the notifications on financial status for the first, third and fourth quarters and the consolidated notifications on financial status for the first, third and fourth quarters pursuant to Art. 100o1, para. 4 ZPPCK;
  6. (repealed - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; previous item 5, No. 95 of 2017, effective from 28.11.2017) the notification from the regulated market regarding the temporary or permanent suspension of trading in securities or their removal from trading;
  7. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision for the deletion of the issuer from the register pursuant to Art. 30, para. 1, item 3 ZKFN;
  8. the place, address and telephone number where additional information about the issuer and the issue can be obtained.
  9. (new - State Gazette, No. 63 of 2008) the receiving state in cases where the company will carry out a public offering or seeks admission of securities to trading on a regulated market in the territory of a Member State. (2) (New - State Gazette, No. 63 of 2008) For an issuer from a Member State that will carry out a public offering or seeks admission of securities to trading on a regulated market in the territory of the Republic of Bulgaria, the following shall be entered in the register pursuant to para. 1:
  10. the date of the notification to the Commission;
  11. the copy of the prospectus confirmed by the supervisory authority of the sending state. (3) (Previous para. 2 - State Gazette, No. 63 of 2008) For the non-profit company issuer, foreign legal entity or issuer of securities pursuant to Art. 2, para. 1, item 3 and para. 3 ZPPCK, the data pursuant to para. 1 shall be entered in the register respectively. The persons referred to in the previous sentence may be entered in the register even if there is no information regarding some of the data pursuant to para. 1. (4) (Previous para. 3, amended and supplemented - State Gazette, No. 63 of 2008) In the register of public companies and other securities issuers, for each public company, the circumstances pursuant to para. 1 shall be entered, as well as the following circumstances:
  12. the decision of the Commission by which the company is entered as a public company in the register pursuant to Art. 30, para. 1, item 3 ZKFN;
  13. (amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; repealed, No. 101 of 2018);
  14. (new - State Gazette, No. 63 of 2008; supplemented, No. 95 of 2017, effective from 28.11.2017) the notification pursuant to Art. 111, para. 6 and para. 8 ZPPCK;
  15. (previous item 3, amended - State Gazette, No. 63 of 2008) the notifications pursuant to Art. 111a, paras. 1 and 2 ZPPCK;
  16. (previous item 4, amended - State Gazette, No. 63 of 2008; amended, No. 95 of 2017, effective from 01.01.2018) the notification pursuant to Art. 115v, para. 4 ZPPCK;
  17. (previous item 5, amended - State Gazette, No. 63 of 2008; repealed, No. 68 of 2014, effective from 01.11.2014)
  18. (previous item 6, amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017; repealed, No. 101 of 2018);
  19. (amended - State Gazette, No. 12 of 2006; previous item 7, No. 63 of 2008; repealed, No. 68 of 2014, effective from 01.11.2014) ;
  20. (amended - State Gazette, No. 12 of 2006; previous item 8, No. 63 of 2008; amended, No. 95 of 2017, effective from 28.11.2017) the decision by which the contract, respectively the plan for transformation and the reports pursuant to Art. 124, para. 2, items 2 and 3 ZPPCK are approved;
  21. (amended and supplemented - State Gazette, No. 12 of 2006; previous item 9, No. 63 of 2008) the contract or plan for transformation pursuant to Art. 123, para. 1 ZPPCK;
  22. (previous item 10 - State Gazette, No. 63 of 2008; amended, No. 95 of 2017, effective from 28.11.2017) the decision by which the joint venture contract and the reports pursuant to Art. 126v ZPPCK are approved;
  23. (previous item 11 - State Gazette, No. 63 of 2008) the joint venture contract pursuant to Art. 126d, para. 2 ZPPCK;
  24. (previous item 12 - State Gazette, No. 63 of 2008; amended, No. 101 of 2018; amended, No. 30 of 2020) the names of the investor relations director, the telephone numbers and the address for correspondence;
  25. (amended - State Gazette, No. 12 of 2006; previous item 13, amended, No. 63 of 2008) the notifications pursuant to Art. 145, para. 1 ZPPCK;
  26. (new - State Gazette, No. 63 of 2008) the notifications pursuant to Art. 146, para. 1 ZPPCK;
  27. (new - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014) the notifications pursuant to Art. 148a para. 1 ZPPCK;
  28. (new - State Gazette, No. 22 of 2007; previous item 14, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; repealed, No. 95 of 2017, effective from 28.11.2017);
  29. (previous item 14, amended, No. 22 of 2007; previous item 15, No. 63 of 2008; amended, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the deletion of the public company from the register pursuant to Art. 30, para. 1, item 3 ZKFN. (5) (Previous para. 4 - State Gazette, No. 63 of 2008. amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017; supplemented, No. 55 of 2019) For an issuer regarding which a decision for liquidation has been entered in the commercial register and the register of non-profit legal entities in the register pursuant to Art. 30, para. 1, item 3 ZKFN, the following shall be entered:
  30. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the initial accounting balance pursuant to Art. 37a, para. 1, item 1 of Decree No. 2 of 2003 on prospectuses in public offerings and admission to trading on a regulated market of securities and on disclosure of information (State Gazette, No. 90 of 2003);
  31. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the annual accounting balance pursuant to Art. 37a, para. 1, item 2 of Decree No. 2 of 2003;
  32. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the final accounting balance pursuant to Art. 37a, para. 1, item 3 of Decree No. 2 of 2003;
  33. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the quarterly notifications on the current stage of the liquidation proceedings pursuant to Art. 37a of Decree No. 2 of 2003. (6) (Previous para. 5, amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 97 of 2021, effective from 01.01.2022) In the register of public companies and other securities issuers, for companies with special investment purpose, the circumstances pursuant to para. 1 shall be entered, as well as the following circumstances:
  34. (supplemented - State Gazette, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission by which a license is issued to carry out activities as a company with special investment purpose and the number of the license;
  35. the type of assets that the company with special investment purpose securitizes;
  36. (amended - State Gazette, No. 97 of 2021, effective from 01.01.2022) the names, EIK, seats and management addresses of the third parties pursuant to Art. 27, para. 4 of the Law on Companies with Special Investment Purpose and Securitization Companies (ZDSICDS);
  37. (amended - State Gazette, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission by which approval is issued for the selection or replacement of a third party pursuant to Art. 27, para. 4 ZDSICDS;
  38. (amended - State Gazette, No. 101 of 2018) the name of the bank with which a contract for depositary services has been concluded;
  39. (amended - State Gazette, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission by which approval is issued for the replacement of the bank with which a contract for depositary services has been concluded;
  40. (repealed - State Gazette, No. 95 of 2017, effective from 28.11.2017);
  41. (repealed - State Gazette, No. 95 of 2017, effective from 28.11.2017);
  42. the decision of the Commission by which permission is issued for the termination of the company with special investment purpose;
  43. the decision of the Commission by which the license to carry out activities as a company with special investment purpose is withdrawn.

Art. 18. (Amended and supplemented - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017; amended, No. 97 of 2021, effective from 01.01.2022) In the register of public companies and other securities issuers, for each issue of securities, the following shall be entered:

  1. (amended - State Gazette, No. 63 of 2008; amended, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission by which the prospectus for the public offering of securities is approved;
  2. (supplemented - State Gazette, No. 63 of 2008; repealed, No. 97 of 2021, effective from 01.01.2022);
  3. (amended - State Gazette, No. 63 of 2008; amended, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission by which the prospectus for admission of securities to trading on a regulated market is approved;
  4. (repealed - State Gazette, No. 97 of 2021, effective from 01.01.2022);
  5. (amended - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; repealed, No. 97 of 2021, effective from 01.01.2022);
  6. (amended - State Gazette, No. 63 of 2008; amended, No. 97 of 2021, effective from 01.01.2022) the approved prospectus for public offering or admission of securities to trading on a regulated market;
  7. (amended - State Gazette, No. 63 of 2008; repealed, No. 97 of 2021, effective from 01.01.2022);
  8. (repealed - State Gazette, No. 97 of 2021, effective from 01.01.2022);
  9. (amended - State Gazette, No. 63 of 2008; repealed, No. 97 of 2021, effective from 01.01.2022);
  10. (amended - State Gazette, No. 63 of 2008; repealed, No. 97 of 2021, effective from 01.01.2022);
  11. (repealed - State Gazette, No. 97 of 2021, effective from 01.01.2022);
  12. (amended - State Gazette, No. 63 of 2008) the size of the issue, the type, number, nominal value and issue price of the offered securities, the regulated market on which they are traded, as well as the fixed price of the security for the duration of the sale in case of underwriting or the introduction price for trading on a regulated market;
  13. the decision of the Commission for the entry of the securities issue, whose primary public offering has been successfully completed, for trading on a regulated market;
  14. the number and date of the decision by which the securities issue is accepted for trading on a regulated market, as well as the ISIN code of the issue;
  15. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision for the deletion of the securities issue from the register pursuant to Art. 30, para. 1, item 3 ZKFN.

Art. 19. (Amended and supplemented - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017; amended, No. 101 of 2018; amended, No. 30 of 2020) (1) In the case of a public offering of a bond issue, the circumstances pursuant to Art. 18 shall be entered, as well as the following circumstances:

  1. (amended - State Gazette, No. 101 of 2018; amended, No. 30 of 2020) the names, respectively the name and EIK of the representatives of the bondholders pursuant to Art. 209 of the Commercial Act;
  2. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; amended, No. 101 of 2018; amended, No. 30 of 2020) the names, respectively the name and EIK of the person who will monitor the targeted use of funds, as well as their rights and the rights of bondholders in case of non-targeted use of funds, if this is provided, respectively the name, seat and management address, EIK and license number of the person performing the functions of trustee of bondholders in the cases pursuant to Art. 100a, para. 7 ZPPCK;
  3. (repealed - State Gazette, No. 101 of 2018);
  4. (repealed - State Gazette, No. 101 of 2018);
  5. the notifications on interest payments made pursuant to Art. 100c, para. 2, item 1 ZPPCK;
  6. the notifications on decisions taken pursuant to Art. 100c, para. 2, item 2 ZPPCK;
  7. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the quarterly reports pursuant to Art. 100b, para. 8, respectively pursuant to Art. 100e, para. 1, item 2 ZPPCK;
  8. the quarterly reports pursuant to Art. 100zh, para. 1, item 3 ZPPCK, respectively the notification pursuant to Art. 100zh, para. 1, item 7 ZPPCK, from the trustee of bondholders. (2) In the case of a public offering of municipal bonds, for the issuer and for the issue, the circumstances pursuant to para. 1 shall be entered, as well as the following circumstances:
  9. the name and address where the municipal administration is located;
  10. the code under the unified classifier of administrative-territorial and territorial units (EKATTE);
  11. EIK under BULSTAT;
  12. the size and structure of the capital provided for use. (3) The circumstances pursuant to para. 1, items 5 - 8 shall also be entered for issuers of other debt securities.

Art. 20. (1) In the case of a public offering of a securities issue pursuant to Art. 2, para. 1, item 3 ZPPCK, the following shall be entered in the register:

  1. for the issuer of the underlying securities - respectively the data pursuant to Art. 14, para. 1, as well as pursuant to Art. 17, para. 1;
  2. for the securities issue pursuant to Art. 2, para. 1, item 3 ZPPCK, as well as for the underlying securities - respectively the data pursuant to Art. 18. (2) In the case of a public offering of a securities issue pursuant to Art. 2, para. 3 ZPPCK, for the securities issue, the data pursuant to Art. 18 shall be entered in the register respectively. (3) The securities issues pursuant to paras. 1 and 2 may be entered in the register even if there is no information regarding some of the data for the issuer of the underlying asset and for the underlying securities or for the issuer of the securities pursuant to Art. 2, para. 3 ZPPCK.

Art. 21. (Amended and supplemented - State Gazette, No. 63 of 2008; supplemented, No. 13 of 2009; amended and supplemented, No. 95 of 2017, effective from 28.11.2017; amended, No. 101 of 2018; amended, No. 30 of 2020) (1) (Amended - State Gazette, No. 63 of 2008) In the case of a commercial offer for purchase or exchange of shares, the following shall be entered in the register pursuant to Art. 30, para. 1, item 3 ZKFN:

  1. (amended - State Gazette, No. 101 of 2018; amended, No. 30 of 2020) the names, respectively the name, seat, management address of the offeror, the subject of activity, as well as the data on changes in the name after the establishment of the company, if such have occurred;
  2. (amended - State Gazette, No. 101 of 2018) the names of the members of the management and supervisory boards, respectively the board of directors of the offeror, respectively the name, seat, management address, as well as the names of the representative of the legal entity - member of the boards;
  3. the name, seat and management address of the investment intermediary authorized by the offeror;
  4. the name, seat and management address of the company - object of the commercial offer;
  5. the notification pursuant to Art. 149a, para. 2 ZPPCK;
  6. the date of registration of the commercial offer pursuant to Art. 149, para. 1, 6 or 8, or Art. 149a, para. 1, or Art. 149b, para. 1 ZPPCK in the Commission;
  7. the decision of the Commission by which a temporary ban on publishing the commercial offer is issued;
  8. the decision of the Commission by which a final ban on publishing the commercial offer is issued;
  9. the commercial offer pursuant to Art. 149, para. 1, 6 or 8, or Art. 149a, para. 1, or Art. 149b, para. 1 ZPPCK;
  10. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the number and date of the central daily newspaper, respectively a hyperlink (link) to the internet page of an information agency or other media, which can ensure the effective dissemination of regulated information to the public in all Member States where the offeror has published a notice of the commercial offer and its essential conditions pursuant to Art. 151, para. 4 ZPPCK;
  11. the opinion of the management body of the company regarding the acquisition;
  12. the decision of the Commission by which the withdrawal by the offeror of the launched commercial offer is approved pursuant to Art. 155, para. 1 ZPPCK;
  13. the date of publication of the notice of withdrawal of the offer by the offeror;
  14. the registration of changes in the commercial offer pursuant to Art. 155, para. 5 ZPPCK;
  15. the decision of the Commission by which a temporary ban on publishing changes to the commercial offer is issued;
  16. the decision of the Commission by which a final ban on publishing the changes to the offer is issued;
  17. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the date and place (central daily newspaper or internet page of an information agency or other media, which can ensure the effective dissemination of regulated information to the public in all Member States) of publication of the changes to the commercial offer;
  18. the decision of the Commission by which the commercial offer is terminated pursuant to Art. 153, para. 5 ZPPCK;
  19. (amended - State Gazette, No. 63 of 2008) the notification of the offeror pursuant to Art. 157 ZPPCK on the results of the commercial offer;
  20. (amended - State Gazette, No. 63 of 2008; amended, No. 95 of 2017, effective from 28.11.2017) the date and place (central daily newspaper or internet page of an information agency or other media, which can ensure the effective dissemination of regulated information to the public in all Member States) of publication of the results of the commercial offer;
  21. (new - State Gazette, No. 13 of 2009; amended, No. 95 of 2017, effective from 28.11.2017) the date and place of the publications pursuant to Art. 37, para. 3 of Decree No. 13 of 2003 on the commercial offer for purchase and exchange of shares (State Gazette, No. 4 of 2004). (2) In the cases of registration of a competing commercial offer pursuant to Art. 20 of Decree No. 13 on commercial offer for purchase and exchange of shares (State Gazette, No. 4 of 2004), the corresponding data pursuant to para. 1 shall be entered for it. (3) (New - State Gazette, No. 63 of 2008; amended, in its entirety, No. 13 of 2009) In the cases of share buyout pursuant to Art. 157a ZPPCK regarding the request for buyout, the corresponding data pursuant to para. 1 shall be entered in the register. (4) (New - State Gazette, No. 13 of 2009) In the cases of share buyout pursuant to Art. 157b ZPPCK, the data pursuant to Art. 44n, para. 1, item 2 of Decree No. 13 shall be entered in the register.

Section IVa (New - State Gazette, No. 97 of 2021, effective from 01.01.2022) Circumstances Subject to Registration in the Register of Securitization Companies

Art. 21a. (New - State Gazette, No. 97 of 2021, effective from 01.01.2022) The following data shall be entered in the register of securitization companies:

  1. the decision of the Commission by which a license is issued to carry out activities as a securitization company, and the number of the license;

  2. the decision of the Commission approving the prospectus, or the final document for the offered securities under Article 7, paragraph 1, letter "v" of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisations and creating a specific framework for simple, transparent and standardised securitisations, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (OJ, L 347/35 of 28 December 2017) (Regulation (EU) 2017/2402);

  3. the prospectus, or the final document for the offered securities under Article 7, paragraph 1, letter "v" of Regulation (EU) 2017/2402;

  4. the decision of the Commission for the withdrawal of the license to conduct business as a securitization company.

Section IVb (New - State Gazette, No. 97 of 2021, effective from 01.01.2022) Circumstances subject to registration in the register of compliance agents

Art. 21b. (New - State Gazette, No. 97 of 2021, effective from 01.01.2022) The following data shall be entered in the register of compliance agents:

  1. the decision of the Commission issuing a license to conduct business as a compliance agent, and the license number;
  2. the decision of the Commission for the withdrawal of the license to conduct business as a compliance agent.

Section V Circumstances subject to registration in the register of collective investment schemes (Title amended - State Gazette, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014)

Art. 22. (Amended and supplemented - State Gazette, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014; amended and supplemented, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018; amended and supplemented, No. 30 of 2020; amended, No. 97 of 2021, effective from 01.01.2022) (1) The following data shall be entered in the register of collective investment schemes:

  1. (supplemented - State Gazette, No. 95 of 2017, effective from 28.11.2017; amended, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission issuing a license to conduct business as an investment company, or a permit to organize and manage a contractual fund under Article 6, paragraph 1 of the Law on Activities of Collective Investment Schemes and Other Collective Investment Undertakings (LACISOCIU), and approving the prospectus and the key investor information document;
  2. (amended - State Gazette, No. 101 of 2018) the EIK (Unified Identification Code) of the contractual fund in BULSTAT;
  3. (amended - State Gazette, No. 101 of 2018) the rules of the contractual fund;
  4. (amended - State Gazette, No. 30 of 2020) the name of the management company managing the activity of the collective investment scheme according to the concluded contract, or according to the rules of the contractual fund, the EIK, the number and date of the license issued by the Commission;
  5. (amended - State Gazette, No. 30 of 2020) the name and EIK of the depositary with which the management company has concluded a contract for depositary services on behalf of the collective investment scheme;
  6. the name of the investment intermediary through which instructions on behalf of the collective investment scheme will be executed;
  7. (amended - State Gazette, No. 101 of 2018) the name of each sub-fund of the collective investment scheme;
  8. (new - State Gazette, No. 101 of 2018) the risk profile of the collective investment scheme, or of the sub-fund;
  9. (new - State Gazette, No. 101 of 2018) the ISIN code of the issue of the collective investment scheme, or of the sub-fund;
  10. (previous item 8 - State Gazette, No. 101 of 2018) the updated prospectus and the key investor information document of the collective investment scheme, as well as the key investor information documents for each sub-fund, if the collective investment scheme consists of sub-funds;
  11. (previous item 9 - State Gazette, No. 101 of 2018) the annual financial report under Article 60, paragraph 1, item 1 of LACISOCIU;
  12. (previous item 10 - State Gazette, No. 101 of 2018) the six-month financial report under Article 60, paragraph 1, item 2 of LACISOCIU;
  13. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; previous item 11, amended, No. 101 of 2018) the decision of the Commission approving a change in the rules, or in the articles of association of the collective investment scheme, replacement of the depositary and the management company of the collective investment scheme, change in the risk management rules, portfolio valuation rules and determination of net asset value, as well as change in the depositary services contract of the collective investment scheme, and the corresponding document that is changed;
  14. (repealed and replaced by previous item 12 - State Gazette, No. 101 of 2018) the notification under Article 22, paragraph 2 of LACISOCIU regarding the temporary suspension of the repurchase of shares of the collective investment scheme;
  15. (repealed and replaced by previous item 13 - State Gazette, No. 101 of 2018) the notification under Article 22, paragraph 2 of LACISOCIU regarding the resumption of repurchase;
  16. the decision of the Commission issuing a permit for the transformation of the collective investment scheme;
  17. the date from which the transformation of the collective investment scheme takes effect, according to Article 154 of LACISOCIU;
  18. the decision of the Commission for the withdrawal of the license to conduct business as an investment company, or the permit of the management company to organize and manage the contractual fund;
  19. the decision of the Commission issuing a permit for the termination of the collective investment scheme, or the decision on termination;
  20. for a collective investment scheme intending to publicly offer its shares in the territory of a member state, the following circumstances shall also be entered: a) the receiving member state; b) the date from which the public offering may begin in the respective member state.
  21. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision under Article 27, paragraph 3 of LACISOCIU, issuing a permit to a collective investment scheme to use a loan.
  22. (New - State Gazette, No. 30 of 2020) the decision of the Commission issuing a permit or license to conduct business as a money market fund.

(2) For exchange-traded funds, the circumstances under paragraph 1 shall be entered in the register of collective investment schemes, as well as the following circumstances:

  1. (amended - State Gazette, No. 30 of 2020) the regulated market or markets on which the shares or units of the exchange-traded fund are offered;
  2. (repealed - State Gazette, No. 95 of 2017, effective from 28.11.2017);
  3. the name of the market-maker or market-makers ensuring the maintenance of the stock exchange price of the shares or units for which contracts have been concluded.

(3) (Amended in its entirety - State Gazette, No. 101 of 2018) For investment companies, the circumstances under paragraph 1 and Article 17, paragraphs 1 and 4 shall be entered in the register, as well as the names of the appointed liquidators.

(4) In the register of collective investment schemes for structures of the main-feed structure type within the meaning of Chapter Eight of LACISOCIU, for the record of each collective investment scheme in the structure, the circumstances under paragraph 1 shall be entered, as well as the following circumstances:

  1. the decision of the Commission issuing approval for investment in a main collective investment scheme under Article 69 of LACISOCIU or for replacement of the main collective investment scheme;
  2. the status of the collective investment scheme as main or feed, with feed collective investment schemes indicating in which main collective investment schemes they are permitted to invest, or with main collective investment schemes indicating which are their feed collective investment schemes;
  3. (amended - State Gazette, No. 101 of 2018) the names, or name and EIK, of the registered auditors of the main and feed schemes;
  4. the names, EIK, seat and management address of the depositaries of the main and feed schemes;
  5. for the record of the feed collective investment scheme, the annual and 6-month report of the main collective investment scheme shall be entered, when it originates from another member state;
  6. (amended - State Gazette, No. 101 of 2018) for the record of the feed collective investment scheme, the prospectus and the key investor information document under Article 57 of LACISOCIU of the main collective investment scheme shall be entered, when it originates from another member state, as well as any amendments thereto;
  7. the date on which the feed collective investment scheme begins to invest in the main collective investment scheme, or if it has already invested in it, the date on which its investment will exceed the limit under Article 48, paragraph 1 of LACISOCIU;
  8. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the application or notification under Article 85, paragraph 1, items 1 and 2 of Decree No. 44 of 20.10.2011 on the requirements for the activity of collective investment schemes, management companies, national investment funds and persons managing alternative investment funds (State Gazette, No. 85 of 2011) or under Article 87, paragraph 1 of Decree No. 44 of 2011;
  9. the decision of the Commission issuing approval under Article 73, paragraph 1 or Article 74, paragraph 1 of LACISOCIU.

(5) (New - State Gazette, No. 101 of 2018) For a collective investment scheme originating from another member state offering its shares in the territory of the Republic of Bulgaria, the following circumstances shall be entered in the register of collective investment schemes:

  1. the name of the management company managing the activity of the collective investment scheme according to the concluded contract, or according to the rules of the contractual fund, the seat and management address, the number and date of the license issued by the respective competent authority;
  2. the ISIN code of the issue, if any;
  3. the name of the person through whom the shares of the collective investment scheme are offered and repurchased in the territory of the Republic of Bulgaria, if different from the management company;
  4. the prospectus and the key investor information document of the collective investment scheme, as well as the key investor information documents for each sub-fund, if the collective investment scheme consists of sub-funds, as well as any subsequent updates to these documents;
  5. the annual financial report of the collective investment scheme;
  6. the six-month financial report of the collective investment scheme.

Section VI Circumstances subject to registration in the register of management companies (Title supplemented - State Gazette, No. 12 of 2006; amended, No. 68 of 2014, effective from 01.11.2014)

Art. 23. (Amended and supplemented - State Gazette, No. 63 of 2008; amended and supplemented, No. 68 of 2014, effective from 01.11.2014; amended, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018; amended, No. 30 of 2020; amended, No. 48 of 2021) (1) (Previous text of Art. 23, amended - State Gazette, No. 12 of 2006; amended and supplemented, No. 63 of 2008; amended, No. 68 of 2014, effective from 01.11.2014) In the register of management companies that have received a license to conduct business under Article 86 of LACISOCIU, the following shall be entered:

  1. the decision of the Commission issuing a license to conduct business as a management company, or recognizing a license to conduct business as a management company of a legal entity from a third country;
  2. the decision of the Commission for expanding the scope of the license to conduct business as a management company according to Article 96 of LACISOCIU;
  3. (repealed - State Gazette, No. 101 of 2018);
  4. (repealed - State Gazette, No. 101 of 2018);
  5. (repealed - State Gazette, No. 101 of 2018);
  6. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; supplemented, No. 101 of 2018) the decision of the Commission issuing approval for the appointment of a member of the management or supervisory body of the management company;
  7. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018) the decision of the Commission issuing approval for the appointment of a person who may conclude transactions on behalf of the management company independently or jointly with another person, and the names of that person;
  8. (amended - State Gazette, No. 101 of 2018; repealed, No. 30 of 2020);
  9. (amended - State Gazette, No. 101 of 2018; amended, No. 48 of 2021) the names of the investment consultants;;
  10. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018) the notification under Article 106, paragraph 1 of LACISOCIU, or the decision of the Commission approving the delegation of functions under Article 106, paragraph 3 of LACISOCIU, and the names, or name and EIK, of the third party to whom the execution of functions and actions under Article 86, paragraph 1 and paragraph 2, item 1 and 4 of LACISOCIU is delegated;
  11. (repealed - State Gazette, No. 101 of 2018);
  12. (amended - State Gazette, No. 30 of 2020) the names of the collective investment undertakings whose activity or portfolio it manages;
  13. (repealed - State Gazette, No. 30 of 2020);
  14. the decision of the Commission for the withdrawal of the license to conduct business as a management company;
  15. (amended - State Gazette, No. 101 of 2018) the names of the appointed liquidators;
  16. for a management company intending to establish a branch in a member state, in addition to the circumstances under Article 14, paragraph 1, item 6, the following circumstances shall be entered: a) the receiving member state; b) the data on the branch manager; c) the program for the activity; d) the date from which the management company may begin to conduct business in the territory of the receiving state;
  17. for a management company intending to conduct business in the territory of a member state under the conditions of free provision of services, the following circumstances shall be entered: a) the receiving member state; b) the program for the activity; c) the date from which the management company may begin to conduct business in the territory of the receiving state; d) the notification under Article 110, paragraph 6 of LACISOCIU.

(2) (New - State Gazette, No. 63 of 2008) For a management company with its seat in a member state intending to conduct business in the territory of the Republic of Bulgaria through a branch, the following circumstances shall be entered:

  1. the seat and management address of the branch;
  2. the data on the branch manager;
  3. the program for the activity;
  4. the date from which the management company may begin to conduct business;
  5. the competent authority of the respective member state exercising supervision over the activity of the management company.

(3) (New - State Gazette, No. 63 of 2008) For a management company with its seat in a member state intending to conduct business in the territory of the Republic of Bulgaria under the conditions of free provision of services, the following circumstances shall be entered:

  1. the program for the activity;
  2. the date from which the management company may begin to conduct business;
  3. the competent authority of the respective member state exercising supervision over the activity of the management company.

(4) (New - State Gazette, No. 12 of 2006; previous paragraph 2, amended and supplemented, No. 63 of 2008; repealed, No. 68 of 2014, effective from 01.11.2014)

(5) (New - State Gazette, No. 12 of 2006; previous paragraph 3, supplemented, No. 63 of 2008; repealed, No. 68 of 2014, effective from 01.11.2014)

Section VIa (New - State Gazette, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014) Circumstances subject to registration in the register of national investment funds

Art. 23a. (New - State Gazette, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014; amended and supplemented, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018; amended and supplemented, No. 30 of 2020; amended, No. 48 of 2021; supplemented, No. 97 of 2021, effective from 01.01.2022) (1) (Amended - State Gazette, No. 101 of 2018) In the register of national investment funds, the corresponding circumstances under Articles 17 and 18 shall be entered, as well as the following data:

  1. (supplemented - State Gazette, No. 97 of 2021, effective from 01.01.2022) the decision of the Commission issuing a license to conduct business as a national investment company and the license number, or a permit to organize and manage a national contractual fund under Article 171, paragraph 6 of LACISOCIU;

  2. (amended - State Gazette, No. 101 of 2018) the EIK of the national contractual fund in BULSTAT;

  3. (amended - State Gazette, No. 101 of 2018) the rules of the national contractual fund;

  4. (amended - State Gazette, No. 30 of 2020) the name of the management company or the person managing alternative investment funds under Article 197, paragraph 1 of LACISOCIU, which manages the activity of the national investment fund, the EIK, the number and date of the license issued by the Commission;

  5. (amended - State Gazette, No. 101 of 2018; amended, No. 30 of 2020; amended, No. 48 of 2021) the names of the investment consultant with which the closed-type national investment company has concluded a contract;;

  6. (repealed - State Gazette, No. 101 of 2018);

  7. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; supplemented, No. 101 of 2018) the decision of the Commission for the approval of the members of the board of directors under Article 176, paragraph 2 of LACISOCIU, when the activity of a closed-type national investment company is managed by its board of directors;

  8. (amended - State Gazette, No. 30 of 2020) the name and EIK of the depositary with which a contract for depositary services on behalf of the national investment fund has been concluded;

  9. the name of the investment intermediary through which instructions on behalf of the national investment fund will be executed;

  10. the prospectus of a closed-type national investment fund, or the updated prospectus and the key investor information document of an open-type national investment fund;

  11. the annual financial report under Article 191 of LACISOCIU of a national investment fund;

  12. the six-month financial report under Article 191 of LACISOCIU of a national investment fund;

  13. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017; amended, No. 101 of 2018) the decision of the Commission approving a change in the rules, or in the articles of association of a national investment fund, replacement of the depositary and the management company, or the AIFM, replacement of the investment consultant with a management company or AIFM, and vice versa, change in the risk management rules, portfolio valuation rules and determination of net asset value, as well as change in the depositary services contract of the national investment fund, and the corresponding document that is changed;

  14. the notification on the temporary suspension of the repurchase of shares or units of an open-type national investment fund;

  15. the notification on the resumption of repurchase;

  16. (repealed - State Gazette, No. 101 of 2018);

  17. the start and end dates of the closed period, during which an open-type national investment fund is not obliged to repurchase its shares or units;

  18. (repealed - State Gazette, No. 101 of 2018);

  19. the decision of the Commission issuing a permit for the transformation of the national investment fund;

  20. the date from which the transformation of the national investment fund takes effect, according to Article 154 of LACISOCIU;

  21. the decision of the Commission for the withdrawal of a license to conduct business as a national investment company, or the permit to organize and manage a national contractual fund;

  22. the decision of the Commission for issuing a permit for the termination of the national investment fund.

  23. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision under Article 188, paragraph 2, or paragraph 3 of LACISOCIU, issuing a permit to a national investment fund to use a loan.

  24. (new - State Gazette, No. 101 of 2018) for closed-type national investment funds, the places of trading, or the member states, in the territory of which the shares or units of the closed-type national investment fund are offered, and the date of their admission to trading at each place of trading, shall be entered in the register of national investment funds.

  25. (new - State Gazette, No. 30 of 2020) the decision of the Commission issuing a permit or license to conduct business as a money market fund.

(2) (Amended in its entirety - State Gazette, No. 101 of 2018) For closed-type national investment funds, the circumstances under paragraph 1 and Article 21 shall be entered in the register of national investment funds.

(3) (New - State Gazette, No. 95 of 2017, effective from 28.11.2017) For open-type national investment funds that are exchange-traded according to Article 184, paragraph 3 of LACISOCIU, the circumstances under paragraph 1 and the circumstances under Article 22, paragraph 2 shall be entered in the register of national investment funds.

Section VIb (New - State Gazette, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014) Circumstances subject to registration in the register of persons managing alternative investment funds, including persons managing venture capital funds, social entrepreneurship funds or long-term investment funds (Title supplemented - State Gazette, No. 101 of 2018)

Art. 23b. (New - State Gazette, No. 68 of 2014, effective from 01.11.2014; amendment effective from 01.01.2015 - State Gazette, No. 90 of 2014, effective from 31.10.2014; amended, No. 95 of 2017, effective from 28.11.2017; amended and supplemented, No. 101 of 2018; amended and supplemented, No. 30 of 2020) (1) (Amended - State Gazette, No. 101 of 2018) In the register of AIFMs, including persons managing venture capital funds, social entrepreneurship funds or long-term investment funds, for AIFMs, the corresponding circumstances under Article 23 shall be entered, as well as the following circumstances:

  1. the decision of the Commission for issuing a license or for changing the scope of the license to conduct business in managing an alternative investment fund;
  2. (amended - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision for the approval of the documents under Article 203, paragraph 2 of LACISOCIU;
  3. the decision of the Commission for the registration (entry) of the AIFM under Article 214 of LACISOCIU;
  4. the investment strategy of each alternative investment fund managed by the AIFM;
  5. the name, legal-organizational form and member state of origin of each managed alternative investment fund,

capital/net asset value at the time of submitting the application for registration; 6. the name, legal-organizational form, the state of licensing or registration, respectively the state in which the main alternative investment fund is established, and the address of the main alternative investment fund in the case of a feeder alternative investment fund; 7. (am. - State Gazette, No. 101 of 2018) the name, the state in which the depositary's seat or branch is located, the address of the depositary, with which the AIFM has concluded a contract for depositary services on behalf of the alternative investment fund managed by it; 8. name, EIK, seat and management address of the company through which the AIFM indirectly manages alternative investment funds; 9. the name of the main investment intermediary, if any, whose services will be used in the implementation of the investment policy of each alternative investment fund managed by the AIFM; 10. (am. - State Gazette, No. 101 of 2018; repealed, No. 30 of 2020) ; 11. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; supp., No. 101 of 2018) the decision of the Commission, by which approval is issued for the selection of a member of the management or supervisory body of the AIFM; 12. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am. and supp., No. 101 of 2018) the decision of the Commission, by which approval is issued for the selection of a person who may conclude transactions on behalf of the AIFM independently or jointly with another person, and the names of that person; 13. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am. and supp., No. 101 of 2018) the decision of the Commission, by which the delegation of functions from the AIFM to a third party under Art. 222, para. 4 of the ZDKISDPIKI or from the third party to another person under Art. 222, para. 5 of the ZDKISDPIKI is approved, and the names, respectively the name and EIK, of the person to whom the execution of functions and actions under Art. 198, para. 1 and 2 of the ZDKISDPIKI is delegated; 14. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; supp., No. 101 of 2018) the decision of the Commission, by which a change in the rules establishing the remuneration policy under Art. 221 of the ZDKISDPIKI, the risk management rules, or the asset valuation rules of the alternative investment fund is approved; 15. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; supp., No. 101 of 2018) the decision of the Commission, by which an external asset valuer of the alternative investment fund under Art. 232, para. 4 of the ZDKISDPIKI, the replacement of the depositary, or a change in the contract with the depositary under Art. 233, para. 5 of the ZDKISDPIKI is approved; 16. the decision of the Commission for the transformation of the AIFM; 17. the decision of the Commission, by which the license for carrying out activities as an AIFM is withdrawn. 18. (new - State Gazette, No. 30 of 2020) the decision of the Commission, by which a permit or license is issued for an alternative investment fund to carry out activities as a money market fund. (2) In the register for AIFMs with a seat in a third country, for which the Republic of Bulgaria is the home member state, managing an alternative investment fund originating from a member state, as well as for the offer in a member state of alternative investment funds managed by such a person, the relevant circumstances under para. 1 are registered, as well as the following circumstances:

  1. (am. - State Gazette, No. 30 of 2020) the names or name of the legal representative of the AIFM, his permanent address or management address, as well as his correspondence address, if it is different;
  2. the notification under Art. 211 of the ZDKISDPIKI;
  3. data on the new home member state. (3) (New - State Gazette, No. 101 of 2018) In the register under para. 1 for AIFMs originating from another member state, which manage an alternative investment fund established in the Republic of Bulgaria, the following circumstances are registered:
  4. (am. - State Gazette, No. 30 of 2020) the names or name of the legal representative of the AIFM, his permanent address or management address, as well as his correspondence address, if it is different;
  5. in case it carries out activities through the opening of a branch - the seat and management address of the branch and the data on the manager of the branch;
  6. data on the name and address of the alternative investment funds that the person managing alternative investment funds intends to manage on the territory of the Republic of Bulgaria;
  7. the program for activities and any changes thereto;
  8. the date from which it will begin to carry out activities on the territory of the Republic of Bulgaria. (4) (New - State Gazette, No. 101 of 2018) In the register under para. 1 for persons who manage venture capital funds, respectively social entrepreneurship funds, the circumstances under para. 1 are registered, as well as the following circumstances:
  9. the decision of the Commission under Art. 197, para. 9 of the ZDKISDPIKI for the registration of a person who manages venture capital funds, respectively social entrepreneurship funds;
  10. the designation "EuVECA", respectively "EuSEF", for the respective fund;
  11. a list of member states, on whose markets the persons who manage venture capital funds, respectively social entrepreneurship funds, offer such funds;
  12. a list of member states, in which the persons who manage venture capital funds, respectively social entrepreneurship funds, have established such funds;
  13. the decision of the Commission for the deletion of a person who manages venture capital funds, respectively social entrepreneurship funds. (5) (New - State Gazette, No. 101 of 2018) In the register under para. 1 for persons who manage long-term investment funds, the relevant circumstances under para. 1 are registered, as well as the following circumstances:
  14. (am. - State Gazette, No. 30 of 2020) the permit of the Commission for carrying out activities under Art. 197, para. 10 of the ZDKISDPIKI;
  15. the designation "ELTIF" for the respective fund;
  16. the member state, where shares or units of a long-term investment fund are offered;
  17. the regulated markets or multilateral trading systems, on which shares or units of a long-term investment fund are admitted to trading;
  18. the term for which the long-term investment fund is established;
  19. (am. - State Gazette, No. 30 of 2020) the decision of the Commission for the withdrawal of a permit for carrying out activities under Art. 197, para. 10 of the ZDKISDPIKI. Section VII Matters Subject to Registration in the Register of Brokers of Financial Instruments and Investment Consultants (Title - State Gazette, No. 68 of 2014, effective from 01.11.2014; am., No. 30 of 2020) Art. 24. (Am. - State Gazette, No. 22 of 2007; supp., No. 63 of 2008; am., No. 68 of 2014, effective from 01.11.2014; am., No. 95 of 2017, effective from 28.11.2017; am. and supp., No. 101 of 2018; am. and supp., No. 30 of 2020; am. and supp., No. 48 of 2021) (1) (Supp. - State Gazette, No. 63 of 2008; am. 68 of 2014, effective from 01.11.2014; am. and supp., No. 30 of 2020) In the register of brokers of financial instruments and investment consultants, the following are registered:
  20. (am. - State Gazette, No. 101 of 2018; am., No. 30 of 2020) the names, electronic address and correspondence address;
  21. (am. - State Gazette, No. 48 of 2021) the date of issuance and the number of the certificate;
  22. (am. - State Gazette, No. 30 of 2020) the name and EIK of the investment intermediaries, with whom the broker of financial instruments has concluded a contract, as well as the date of conclusion, respectively the date of termination of the contract;
  23. (am. - State Gazette, No. 22 of 2007; supp., No. 101 of 2018; am. and supp., No. 30 of 2020; am. and supp., No. 48 of 2021) the name and EIK of the investment intermediary, respectively the tied agent, of the investment company, of a national investment fund, of the management company, of the pension insurance company, of the person managing alternative investment funds, or of another person who is obliged by law to conclude a contract with an investment consultant, with whom the investment consultant has concluded a contract, as well as the date of conclusion, respectively the date of termination of the contract;
  24. (supp. - State Gazette, No. 63 of 2008; am., No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018) information on the applied compulsory administrative measures by the Commission, respectively the Deputy Chairman of the Commission, as well as their cancellation, the grounds for their application, the date and number of the decision for the application of the respective measure;
  25. (supp. - State Gazette, No. 63 of 2008; am., No. 101 of 2018) information on the fines imposed by the Chairman and Deputy Chairman of the Commission, the legal provisions that were violated, the date and number of the penal order;
  26. (am. - State Gazette, No. 68 of 2014, effective from 01.11.2014; repealed, No. 101 of 2018);
  27. (supp. - State Gazette, No. 30 of 2020) the decision of the Commission, by which the right to carry out activities as a broker of financial instruments or investment consultant is withdrawn.

(2) (Am. - State Gazette, No. 30 of 2020) For persons who have acquired the right to carry out activities as a broker of financial instruments, respectively as an investment consultant, but have not yet concluded a contract with a person under item 3 or item 4, the relevant data under para. 1 are registered. Section VIII (Am. - State Gazette, No. 53 of 2006) Matters Subject to Registration in the Register of Insurers and Reinsurers Art. 25. (Am. - State Gazette, No. 15 of 2005, No. 53 of 2006; am. and supp., No. 63 of 2008; am., No. 68 of 2008; am., No. 49 of 2010, effective 31.08.2010; am., No. 68 of 2014, effective from 01.11.2014; am. and supp., No. 95 of 2017, effective from 28.11.2017; am. and supp., No. 101 of 2018; am., No. 55 of 2019; am. and supp., No. 30 of 2020; am. and supp., No. 101 of 2022, effective from 01.01.2023) (1) (Am. and supp. - State Gazette, No. 63 of 2008) In the register of insurers and reinsurers, who have received a license for carrying out insurance, reinsurance or insurance and reinsurance under Art. 29 of the Insurance Code (IC) , the following are registered:

  1. (am. and supp. - State Gazette, No. 63 of 2008) the decision of the Commission, by which a license for carrying out insurance or reinsurance is issued;
  2. (am. - State Gazette, No. 63 of 2008) the decision of the Commission, by which an additional license is issued to a reinsurer for carrying out a new activity;
  3. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the issuance of an additional license for a new class of insurance or for supplementing the license by insurance class with new risks;
  4. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the status of the insurer and its subsequent changes;
  5. (previous item 4 - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the issuance of a license for carrying out insurance activities in a third country through a branch; a copy of the license for carrying out insurance activities from the competent authority of the respective third country;
  6. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the issuance of a permit for carrying out insurance activities in a third country through the direct provision of services; a copy of the license/permit for carrying out insurance activities from the competent authority of the respective third country, if such exists;
  7. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; supp., No. 63 of 2008; previous item 5, No. 95 of 2017, effective from 28.11.2017; am., No. 30 of 2020) the member states, in which the insurer or reinsurer carries out activities under the conditions of the right of establishment, the seat of the branch in the member state, its address and the names of the authorized representative of the branch;
  8. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; supp., No. 63 of 2008; previous item 6, No. 95 of 2017, effective from 28.11.2017) the member states, in which the insurer or reinsurer carries out activities under the conditions of the freedom to provide services;
  9. (previous item 7, supp. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; am., No. 30 of 2020) the names of the responsible actuary of the insurer, respectively the reinsurer, the firm of the actuarial enterprise, which performs the function of the responsible actuary of the insurer, respectively the reinsurer and the name of the natural person, who signs documents on behalf of the actuarial enterprise;
  10. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; repealed, No. 30 of 2020) ;
  11. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; repealed, No. 30 of 2020) ;
  12. (supp. - State Gazette, No. 63 of 2008; repealed, No. 68 of 2014, effective from 01.11.2014; previous item 8, am., No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; am., No. 30 of 2020) the names of the person who performs the function of internal audit of the insurer or reinsurer or heads the unit/structure that performs it;
  13. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; repealed, No. 30 of 2020) ;
  14. (supp. - State Gazette, No. 63 of 2008; previous item 9, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018) the persons who own directly or indirectly a qualified participation in the insurance (or reinsurance) company or other participation, which gives them the opportunity to control it; for a natural person, the names are registered, for a legal person, respectively, the name, EIK, seat, management address are registered;
  15. (previous item 10, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; repealed, No. 101 of 2018);
  16. (previous item 11, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the permit for the transfer of all or part of the insurance portfolios of an insurer;
  17. (previous item 13, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018; repealed, No. 30 of 2020) ;
  18. (previous item 14, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; repealed, No. 30 of 2020) ;
  19. (supp. - State Gazette. No. 63 of 2008; am. entirely, No. 49 of 2010, effective 31.08.2010; am., No. 68 of 2014, effective from 15.08.2014; previous item 15, am., No. 95 of 2017, effective from 28.11.2017; am., No. 30 of 2020) reports, statements, reports and appendices of the insurer or reinsurer under Art. 126, para. 1 of the IC, as follows: a) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) b) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) c) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) d) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) e) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) f) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) g) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) h) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) i) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) j) (repealed - State Gazette, No. 101 of 2022, effective from 01.01.2023) k) (supp. - State Gazette, No. 101 of 2022, effective from 01.01.2023) annual templates S.02.01.01, S.05.01.01 and S.23.01.01 for insurers and reinsurers according to Commission Implementing Regulation (EU) 2015/2450 of 2 December 2015 laying down implementing technical standards with regard to templates for the provision of information to supervisory authorities under Directive 2009/138/EC of the European Parliament and of the Council (OJ, L 347/1 of 31 December 2015) (Regulation (EU) 2015/2450) with annual quantitative data under Art. 304, paragraph 1, letter "g" of Delegated Regulation (EU) 2015/35 of the Commission of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (OJ, L 12/1 of 17 January 2015) (Regulation (EU) 2015/35); l) (supp. - State Gazette, No. 101 of 2022, effective from 01.01.2023) quarterly templates S.02.01.02, S.05.01.01 and S.23.01.01 for insurers and reinsurers according to Regulation (EU) 2015/2450 with quarterly quantitative data under Art. 304, paragraph 1, letter "g" of Regulation (EU) 2015/35; m) (new - State Gazette, No. 101 of 2022, effective from 01.01.2023) annual report Premiums, claims and costs by type of activity (for insurers without right of access to the single EU market) and annual report Balance (for insurers without right of access to the single EU market) according to the order of the Deputy Chairman, heading "Insurance Supervision" under Art. 2, para. 6 of Ordinance No. 53 of 23.12.2016 on the requirements for accounting, asset and liability valuation and formation of technical reserves of insurers, reinsurers and the Guarantee Fund (State Gazette, No. 38 of 20.05.2016) with regard to insurers without right of access to the single market of the European Union.
  20. (supp. - State Gazette. No. 63 of 2008; previous item 16, No. 95 of 2017, effective from 28.11.2017; am., No. 55 of 2019) the decision of the Commission for the withdrawal of the license for carrying out a separate class of insurance or for a separate part of the reinsurance activity;
  21. (am. and supp. - State Gazette. No. 63 of 2008; previous item 17, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the withdrawal of the license for carrying out insurance or reinsurance;
  22. (previous item 18, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018) the names of the appointed curators under Art. 40, para. 5 of the IC or under Art. 587, para. 3, item 5 of the IC;
  23. (previous item 19, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017; am., No. 101 of 2018) the names of the appointed liquidators under Art. 604 or under Art. 606, para. 2 of the IC;
  24. (previous item 20 - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for sending a request for opening insolvency proceedings;
  25. (previous item 21, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for sending a request for opening liquidation proceedings under Art. 606, para. 1 of the IC ;
  26. (previous item 22, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for approving the liquidation plan or for determining the conditions in it under Art. 606, para. 4 of the IC;
  27. (previous item 22, am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the registration of the Guarantee Fund as trustee of the insurer, respectively the reinsurer;
  28. (new - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision of the Commission for the completion of the liquidation of insurance and reinsurance liabilities under Art. 604, para. 4 of the IC. (2) (New - State Gazette, No. 30 of 2020; repealed, No. 101 of 2022, effective from 01.01.2023) . (3) (New - State Gazette, No. 30 of 2020; repealed, No. 101 of 2022, effective from 01.01.2023) . (4) (New - State Gazette, No. 30 of 2020; repealed, No. 101 of 2022, effective from 01.01.2023) . (5) (New - State Gazette, No. 30 of 2020; repealed, No. 101 of 2022, effective from 01.01.2023) . (6) (New - State Gazette, No. 30 of 2020; repealed, No. 101 of 2022, effective from 01.01.2023) . (7) (Am. and supp. - State Gazette. No. 63 of 2008; am., No. 68 of 2008; am., No. 68 of 2014, effective from 01.11.2014; am., No. 95 of 2017, effective from 28.11.2017; previous para. 2, No. 30 of 2020) For insurers, respectively reinsurers, from a third country, who have received a license for carrying out insurance or reinsurance under Art. 57, respectively under Art. 65 of the IC through a branch, registered under the Commerce Act, in the register under Art. 30, para. 1, item 9 of the ZKFN, the respective circumstances under para. 1, items 1 - 3, 9 - 28 are registered, as well as:
  29. (supp. - State Gazette. No. 63 of 2008) the license for carrying out insurance, respectively reinsurance activity, issued by the competent authority at the seat of the insurer or reinsurer;
  30. (am. - State Gazette, No. 95 of 2017, effective from 28.11.2017) the decision under Art. 62, para. 4 of the IC ;
  31. (repealed - State Gazette, No. 95 of 2017, effective from 28.11.2017). (8) (Supp. - State Gazette. No. 63 of 2008; effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; am. and supp., No. 68 of 2014, effective from 01.11.2014; am., No. 95 of 2017, effective from 28.11.2017; previous para. 3, am., No. 30 of 2020) For insurers, respectively reinsurers from a member state, carrying out activities in the Republic of Bulgaria under the conditions of the right of establishment, in the register under Art. 30, para. 1, item 9 of the ZKFN, the following are registered:
  32. (supp. - State Gazette. No. 63 of 2008) the seat and management address of the branch of the insurer or reinsurer in the Republic of Bulgaria;
  33. (am. - State Gazette, No. 30 of 2020) the names of the authorized representative of the branch;
  34. (supp. - State Gazette. No. 63 of 2008; am., No. 55 of 2019) the classes of insurance, by which the insurer will carry out activities in the Republic of Bulgaria, respectively the type of reinsurance activity, which the reinsurer will carry out in the Republic of Bulgaria.
  35. (new - State Gazette, No. 68 of 2014, effective from 01.11.2014; am., No. 95 of 2017, effective from 28.11.2017) the name, seat and address of

management of the insurer from a Member State in the Member State by which the license was obtained. (9) (Effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; amended, State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017; previous para. 4, amended, State Gazette No. 30 of 2020.) For insurers from a Member State carrying out activities in the Republic of Bulgaria under the conditions of the freedom to provide services, the following shall be registered in the register pursuant to Art. 30, para. 1, item 9 of the CISF:

  1. (amended - State Gazette No. 55 of 2019.) the insurance classes under which the insurer will carry out activities in the Republic of Bulgaria;
  2. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 30 of 2020.) the names and address, respectively the firm, seat and address of management of the representative pursuant to Art. 51, para. 2 of the Insurance Code.
  3. (new - State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017.) the name, seat and address of management of the insurer from a Member State in the Member State by which the license was obtained.

Section IX (Repealed - State Gazette No. 68 of 2014, effective from 01.11.2014; New - State Gazette No. 95 of 2017, effective from 01.03.2018.) Circumstances subject to registration in the register of special purpose vehicles for the alternative transfer of insurance risk

Art. 26. (Repealed - State Gazette No. 68 of 2014, effective from 01.11.2014; New - State Gazette No. 95 of 2017, effective from 01.03.2018; amended, State Gazette No. 101 of 2018.) In the register of special purpose vehicles for the alternative transfer of insurance risk, which have obtained a license pursuant to Art. 22 of the Insurance Code, the following shall be registered:

  1. the decision of the Commission, by which a license is issued for carrying out activities as a special purpose vehicle for the alternative transfer of insurance risk;
  2. (amended - State Gazette No. 101 of 2018.) the names of the persons who directly, together with or through related persons, own 10 or more than 10 percent of the votes in the general meeting of a special purpose vehicle for the alternative transfer of insurance risk or other participation that gives them the possibility to control it; for a legal entity, respectively, the name, EIK, seat, address of management and subject of activity shall be registered;
  3. the decision of the Commission for the withdrawal of the license for carrying out activities as a special purpose vehicle for the alternative transfer of insurance risk.

Section IXa (New - State Gazette No. 109 of 2025, effective from 16.12.2025.) Circumstances subject to registration in the register of organizations conducting professional training for employees of insurance brokers

Art. 26a. (New - State Gazette No. 109 of 2025, effective from 16.12.2025.) For organizations conducting professional training for employees of insurance brokers, the following shall be registered:

  1. contact person;
  2. decision of the Commission for registration of the organization for conducting professional training for employees of insurance brokers;
  3. decision of the Commission for registration of a change in submitted materials;
  4. decision of the Commission for suspension, respectively for restoration of the effect of the registration of the organization for conducting professional training for employees of insurance brokers;
  5. decision of the Commission for deletion from the register of the organization for conducting professional training for employees of insurance brokers.

Section X (Amended - State Gazette No. 53 of 2006.) Circumstances subject to registration in the register of insurance brokers, insurance agents and intermediaries subject to registration offering insurance products as an additional activity (Heading amended - State Gazette No. 55 of 2019.)

Art. 27. (Amended - State Gazette No. 53 of 2006; amended and supplemented, State Gazette No. 68 of 2014, effective from 01.11.2014; amended and supplemented, State Gazette No. 95 of 2017, effective from 28.11.2017; amended and supplemented, State Gazette No. 101 of 2018; amended and supplemented, State Gazette No. 55 of 2019; amended and supplemented, State Gazette No. 30 of 2020; supplemented, State Gazette No. 109 of 2025, effective from 16.12.2025.) (1) (Amended - State Gazette No. 68 of 2014, effective from 01.11.2014.) For insurance brokers, the following shall be registered in the register:

  1. (amended - State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision for registration of the insurance broker in the register pursuant to Art. 30, para. 1, item 12 of the CISF;
  2. (amended - State Gazette No. 68 of 2014, effective from 01.11.2014.) the addresses of the offices of the insurance broker, where insurance intermediation is carried out;
  3. (new - State Gazette No. 30 of 2020.) the names of the members of the management body; for a legal entity, respectively, the name and EIK shall be registered;
  4. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; previous item 3, State Gazette No. 30 of 2020.) the name of the insurer, with whom the insurance broker is insured in accordance with Art. 305 of the Insurance Code, and the term of the insurance;
  5. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018; previous item 4, State Gazette No. 30 of 2020.) the chosen method for guaranteeing the performance of obligations pursuant to Art. 306, para. 1 of the Insurance Code; all special client accounts (number, bank, branch) - in cases where this method is chosen;
  6. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; previous item 5, State Gazette No. 30 of 2020.) the Member States in which the insurance broker carries out activities under the conditions of the right of establishment;
  7. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; previous item 6, State Gazette No. 30 of 2020.) the Member States in which the insurance broker carries out activities under the conditions of the freedom to provide services;
  8. (amended - State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017; previous item 7, State Gazette No. 30 of 2020.) the decision for deletion of the insurance broker from the register pursuant to Art. 30, para. 1, item 12 of the CISF. (2) (Supplemented - State Gazette No. 30 of 2020.) For insurance brokers - sole traders, the circumstances pursuant to Art. 14, as well as pursuant to para. 1, items 1 - 2 and 4 - 8 shall be registered in the register, respectively. (3) (Supplemented - State Gazette No. 55 of 2019.) For insurance agents - legal entities and intermediaries offering insurance products as an additional activity - legal entities, the following shall be registered in the register:
  9. (amended - State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 55 of 2019.) the name, seat and address of management of the insurer pursuant to Art. 315, para. 1 of the Insurance Code, with whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, has concluded a contract (for insurers from the register pursuant to Art. 30, para. 1, item 9 of the CISF only the name shall be registered), the date of conclusion, respectively the date of termination of the contract, as well as the insurance classes under which intermediation is carried out;
  10. (amended - State Gazette No. 101 of 2018; amended, State Gazette No. 55 of 2019.) the data pursuant to item 1 for other insurers, with whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, has concluded a contract in accordance with Art. 315, para. 2 of the Insurance Code, the date of conclusion, respectively the date of termination of the contract, as well as the insurance classes under which intermediation is carried out;
  11. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018.) the chosen method for guaranteeing the performance of obligations pursuant to Art. 316, para. 5 of the Insurance Code in conjunction with Art. 306, para. 1 of the Insurance Code; all special client accounts (number, bank, branch) - in cases where this method is chosen;
  12. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 55 of 2019.) the name of the insurer, with whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, is insured in accordance with Art. 316, para. 2 of the Insurance Code, and the term of the insurance, respectively the declaration from the insurer, for whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, intermediates, for assuming full responsibility for his actions as an intermediary, the date of its issuance and its term, if the declaration is for a fixed term;
  13. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; supplemented, State Gazette No. 55 of 2019.) the Member States in which the insurance agent, respectively the intermediary offering insurance products as an additional activity, carries out activities under the conditions of the right of establishment;
  14. (effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; supplemented, State Gazette No. 55 of 2019.) the Member States in which the insurance agent, respectively the intermediary offering insurance products as an additional activity, carries out activities under the conditions of the freedom to provide services;
  15. (new - State Gazette No. 30 of 2020.) the names of the members of the management body; for a legal entity, respectively, the name and EIK shall be registered;
  16. (amended - State Gazette No. 68 of 2014, effective from 01.11.2014; amended, State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018; supplemented, State Gazette No. 55 of 2019; previous item 7, State Gazette No. 30 of 2020.) the decision for deletion of the insurance agent, respectively the intermediary offering insurance products as an additional activity, from the register pursuant to Art. 30, para. 1, item 12 of the CISF. (4) (Amended - State Gazette No. 54 of 2019; supplemented, State Gazette No. 30 of 2020.) For insurance agents, respectively intermediaries offering insurance products as an additional activity - sole traders, the relevant circumstances pursuant to Art. 14, as well as the circumstances pursuant to para. 3, items 1 - 6 and 8 shall be registered in the register. (5) (Supplemented - State Gazette No. 55 of 2019.) For insurance agents - natural persons and intermediaries offering insurance products as an additional activity - natural persons, the circumstances pursuant to para. 3, items 1, 2, 4 - 7, as well as the following shall be registered in the register:
  17. (amended - State Gazette No. 101 of 2018; amended, State Gazette No. 30 of 2020.) the names;
  18. the address for correspondence;
  19. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018; supplemented, State Gazette No. 55 of 2019.) all special client accounts (number, bank, branch) pursuant to Art. 306, para. 1, item 2 of the Insurance Code, respectively the declaration pursuant to Art. 316, para. 4 of the Insurance Code for assuming full responsibility for the actions of the insurance agent, respectively the intermediary offering insurance products as an additional activity;
  20. (amended - State Gazette No. 101 of 2018.) the fines imposed by the Chairman of the Commission, respectively by the Deputy Chairman, heading the "Insurance Supervision" Directorate, the legal provisions that were violated, the number and date of the penalty order. (6) (Effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; amended, State Gazette No. 55 of 2019.) For insurance intermediaries, respectively intermediaries offering insurance products as an additional activity, from another Member State, the following shall be registered in the register:
  21. (amended - State Gazette No. 30 of 2020.) the names, respectively the name, of the insurance intermediary;
  22. the address, respectively the seat and address of management, in the Member State of registration;
  23. the registration number, if there is such;
  24. the type of insurance intermediation carried out by the intermediary;
  25. (amended - State Gazette No. 54 of 2019.) the name of the insurer (insurers), on whose behalf and for whose account the intermediary carries out intermediation - for insurance intermediaries, respectively intermediaries offering insurance products as an additional activity, who are linked with one or more insurers;
  26. (amended - State Gazette No. 54 of 2019.) the form of carrying out intermediation activities in the Republic of Bulgaria (under the conditions of the right of establishment or of the freedom to provide services); the seat and address of management of the branch in the Republic of Bulgaria - when carrying out activities under the conditions of the right of establishment;
  27. (new - State Gazette No. 30 of 2020.) the names of the members of the management body; for a legal entity, respectively, the name and EIK shall be registered;
  28. (previous item 7 - State Gazette No. 30 of 2020.) the date of termination of the intermediary's activities and the legal basis. (7) (Effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union.) The data pursuant to para. 6 shall be registered in the register at the initiative of the Deputy Chairman, heading the "Insurance Supervision" Directorate, based on information provided by the competent authorities of the Member States of registration of the insurance intermediaries. (8) (Effective from the date of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union; amended, State Gazette No. 55 of 2019.) Art. 14 shall not apply to the intermediaries pursuant to para. 6. Art. 14, para. 1, items 7 - 21 shall not apply to insurance agents and intermediaries offering insurance products as an additional activity pursuant to paras. 3 - 5. (9) (New - State Gazette No. 109 of 2025, effective from 16.12.2025.) For insurance, respectively reinsurance intermediaries, from a third country, registered pursuant to Art. 323i, paras. 1 and 2 of the Insurance Code through a branch registered under the Commerce Act, the circumstances pursuant to para. 1, items 1 - 5 and 8 or pursuant to para. 3, items 1 - 4, 7 and 8, as well as the permit for carrying out activities issued by the competent authority for insurance, respectively reinsurance intermediation at the seat of the intermediary, shall be registered in the register pursuant to Art. 30, para. 1, item 12 of the CISF. For a branch of a trader from a third country, registered pursuant to Art. 293i, para. 3 of the Insurance Code, the circumstances pursuant to para. 3, items 1 - 4, 7 and 8 shall be registered, respectively.

Section XI Circumstances subject to registration in the register of supplementary social insurance companies and the funds managed by them

Art. 28. (Amended and supplemented - State Gazette No. 22 of 2007; amended and supplemented, State Gazette No. 95 of 2017, effective from 28.11.2017; amended and supplemented, State Gazette No. 101 of 2018; amended and supplemented, State Gazette No. 30 of 2020; amended, State Gazette No. 48 of 2021; amended and supplemented, State Gazette No. 60 of 2021; amended and supplemented, State Gazette No. 70 of 2024; amended and supplemented, State Gazette No. 73 of 2026, effective from 01.01.2027.) (1) In the register of supplementary social insurance companies and the funds managed by them for pension insurance companies, the following circumstances shall be registered:

  1. the decision of the Commission, by which a pension license is granted to the pension insurance company for carrying out activities in supplementary pension insurance;

  2. (amended - State Gazette No. 22 of 2007; amended, State Gazette No. 101 of 2018; amended, State Gazette No. 30 of 2020.) the names of the responsible actuary of the pension insurance company;

  3. (amended - State Gazette No. 22 of 2007; amended, State Gazette No. 101 of 2018.) the names of the persons who directly or indirectly hold a qualified participation in the capital of the pension insurance company; for a legal entity, respectively, the name, EIK, seat and address of management shall be registered;

  4. (new - State Gazette No. 95 of 2017, effective from 28.11.2017; repealed, State Gazette No. 101 of 2018);

  5. (previous item 4, amended - State Gazette No. 95 of 2017, effective from 28.11.2017; repealed, State Gazette No. 30 of 2020.) ;

  6. (previous item 5, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision of the Commission, by which permission is granted for the transformation of the pension insurance company;

  7. (previous item 6, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision of the Commission, by which permission is granted for the termination of the pension insurance company;

  8. (previous item 7, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision of the Commission, by which the pension license granted to the pension insurance company for carrying out activities in supplementary pension insurance is withdrawn;

  9. (previous item 8, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision of the Commission for sending a request for opening proceedings for forced termination;

  10. (previous item 9, State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018.) the names of the appointed curators pursuant to Art. 331, para. 2 of the Supplementary Social Insurance Act;

  11. (previous item 10, State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018; repealed, State Gazette No. 30 of 2020.) ;

  12. (new - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 70 of 2024.) the decision pursuant to Art. 331, para. 6 of the Supplementary Social Insurance Act;

  13. (previous item 11 - State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision of the Commission for sending a request for opening insolvency proceedings;

  14. (previous item 12 - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018.) the names of the appointed curators pursuant to Art. 333, para. 7 of the Supplementary Social Insurance Act;

  15. (previous item 13 - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 101 of 2018; repealed, State Gazette No. 30 of 2020.) . (2) (Supplemented - State Gazette No. 60 of 2021.) For each of the funds for supplementary social insurance managed by the pension insurance companies, the following shall be registered:

  16. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017; amended, State Gazette No. 70 of 2024.) the decision of the Commission, by which permission is granted to the pension insurance company to manage a fund;

  17. (amended - State Gazette No. 95 of 2017, effective from 28.11.2017.) the regulations on the organization and activities of the fund, as well as the number and date of the decisions for approval of amendments and supplements to the regulations;

  18. (amended - State Gazette No. 22 of 2007; amended, State Gazette No. 30 of 2020; amended, State Gazette No. 70 of 2024; amended, State Gazette No. 73 of 2026, effective from 01.01.2027.) the name and EIK of the trustee bank, with whom the pension insurance company managing the fund has concluded a contract for trustee services, respectively the depositary pursuant to Art. 214a, para. 9 of the Supplementary Social Insurance Act, with whom the company has concluded a contract for depositary services;

  19. (amended - State Gazette No. 12 of 2006; State Gazette No. 22 of 2007; amended, State Gazette No. 60 of 2021; amended, State Gazette No. 73 of 2026, effective from 01.01.2027.) the name of each investment intermediary, with whom the pension insurance company has concluded a contract for the execution of orders for transactions with financial instruments related to the management of the fund's assets;

  20. (new - State Gazette No. 22 of 2007; amended, State Gazette No. 101 of 2018; amended, State Gazette No. 30 of 2020; amended, State Gazette No. 48 of 2021; amended, State Gazette No. 60 of 2021; amended, State Gazette No. 73 of 2026, effective from 01.01.2027.) the names of the natural persons pursuant to Art. 123v, para. 2, item 1 of the Supplementary Social Insurance Act, respectively - the name of the legal entity pursuant to Art. 123v, para. 2, item 2 of the Supplementary Social Insurance Act, with whom the pension insurance company has concluded contracts for investment consultations regarding financial instruments;

  21. (previous item 5, amended - State Gazette No. 22 of 2007; amended, State Gazette No. 101 of 2018; supplemented, State Gazette No. 30 of 2020; amended, State Gazette No. 73 of 2026, effective from 01.01.2027.) the names of the members of the supervisory board of the funds for supplementary mandatory pension insurance and funds for making payments - on the accounts of the universal pension fund and the professional pension fund, respectively the names of the members of the advisory board of the fund for supplementary voluntary pension insurance, and the address for correspondence of the respective board;

  22. (previous item 6, amended - State Gazette No. 22 of 2007.) the annual financial report of the fund for supplementary pension insurance and the auditor's report pursuant to Art. 190, para. 1 of the Supplementary Social Insurance Act;

  23. (previous item 7, amended - State Gazette No. 22 of 2007; amended, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision, by which permission is granted for the transformation of the fund;

  24. (previous item 8, amended - State Gazette No. 22 of 2007; amended, State Gazette No. 95 of 2017, effective from 28.11.2017.) the decision for withdrawal of the permission to manage a fund.

  25. (new - State Gazette No. 73 of 2026, effective from 01.01.2027.) the court decision pursuant to Art. 339b, para. 4 of the Supplementary Social Insurance Act;

  26. (new - State Gazette No. 73 of 2026, effective from 01.01.2027.) the sub-funds in the respective fund for supplementary pension insurance and the following circumstances regarding them: a) the name, as well as data on changes in the name, if any have occurred after the registration of the sub-fund in the register; b) EIK by BULSTAT; c) date of registration in the BULSTAT register; d) minimum and maximum threshold of investments of the sub-fund in financial instruments with variable income relative to the assets of the fund. (3) (New - State Gazette No. 60 of 2021.) For each of the funds for making payments managed by the pension insurance companies, the following shall be registered:

  27. the name, as well as data on changes in the name, if any have occurred after the registration of the fund in the register;

  28. the decision of the Commission for registration of the fund in the register;

  29. the rules of the fund;

  30. EIK by BULSTAT;

  31. (amended - State Gazette No. 70 of 2024.) the name and EIK of the trustee bank, with whom the pension insurance company managing the fund has concluded a contract for trustee services;

  32. (amended - State Gazette No. 73 of 2026, effective from 01.01.2027.) the name of each investment intermediary, with whom the pension insurance company has concluded a contract for the execution of orders for transactions with financial instruments related to the management of the fund's assets;

  33. (Amended - State Gazette, No. 73 of 2026, effective from 01.01.2027) the names of the natural persons under Art. 123v, para. 2, item 1 of the Social Insurance Code, respectively - the name of the legal entity under Art. 123v, para. 2, item 2 of the Social Insurance Code, with which the pension insurance company has concluded contracts for investment consultations regarding financial instruments;

  34. (Supplemented - State Gazette, No. 73 of 2026, effective from 01.01.2027) the annual financial report of the fund and the audit report under Art. 123x in connection with Art. 190, para. 1 of the Social Insurance Code;

  35. the transformation of the fund.

Art. 29. (1) In the register of companies for supplementary social insurance and the funds managed by them for insurance companies for unemployment and/or professional qualification, the respective circumstances under Art. 28, para. 1 shall be registered. (2) For the funds for unemployment or professional qualification managed by insurance companies, the respective circumstances under Art. 28, para. 2 shall be registered.

Section XIa (New - State Gazette, No. 22 of 2007) Circumstances Subject to Registration in the Register of Professional Schemes

Art. 29a. (Amended and Supplemented - State Gazette, No. 68 of 2014, effective from 01.11.2014; Supplemented, No. 41 of 2019; Supplemented, No. 30 of 2020.) For each professional scheme, the following shall be registered:

  1. (Amended - State Gazette, No. 68 of 2014, effective from 01.11.2014) the name, seat, management address, commercial (court) registration, and EIK of the employer enterprise or the respective data for the foreign employer enterprise;
  2. (Amended - State Gazette, No. 68 of 2014, effective from 01.11.2014) the name, seat, management address, commercial registration, EIK, and number of the pension license of the pension insurance company or the respective data for the foreign institution.
  3. (New - State Gazette, No. 68 of 2014, effective from 01.11.2014) the date and number of the insurance contract concluded between the employer enterprise and the pension insurance company, respectively the foreign institution.
  4. (New - State Gazette, No. 41 of 2019) data on the member state whose employment and social legislation is applicable to the scheme, when it differs from Bulgarian legislation.
  5. (New - State Gazette, No. 30 of 2020) the decision of the Commission granting permission for the transfer of a professional scheme or part thereof under Art. 229g1, para. 7 and Art. 229g2, para. 3 of the Social Insurance Code, the name of the pension insurance company managing the fund for additional voluntary pension insurance under professional schemes, respectively the foreign institution, where the scheme or part thereof has been transferred, and the date of the transfer;
  6. (New - State Gazette, No. 30 of 2020) the decision of the competent supervisory authority granting permission for the transfer of a professional scheme or part thereof from a fund for additional voluntary pension insurance under professional schemes to a foreign institution, the name, seat, and management address of that institution, and the date of the transfer of the scheme or part thereof to the foreign institution.

Section XII Circumstances Subject to Registration in the Register of Insurance Intermediaries of Companies for Supplementary Social Insurance

Art. 30. (Supplemented - State Gazette, No. 68 of 2014, effective from 01.11.2014; Amended, No. 101 of 2018; Supplemented, No. 73 of 2026, effective from 01.01.2027.) In the register of insurance intermediaries of companies for supplementary social insurance, the following shall be registered:

  1. (Amended - State Gazette, No. 101 of 2018) the names of the natural persons - insurance intermediaries, the official number in the pension insurance company, the date of conclusion, respectively the date of termination of the contract;
  2. the name, EIK of the legal entity - insurance intermediary, the official number in the pension insurance company, the date of conclusion, respectively the date of termination of the contract;
  3. (Amended - State Gazette, No. 12 of 2006; Amended, No. 101 of 2018) the names of the natural persons authorized by insurance intermediaries - legal entities, the official number in the pension insurance company, the date of authorization, respectively the date of withdrawal of authorization.
  4. (New - State Gazette, No. 68 of 2014, effective from 01.11.2014) the pension insurance company on whose behalf and for whose account the insurance intermediary or authorized person acts.
  5. (New - State Gazette, No. 73 of 2026, effective from 01.01.2027) the date of the last exam taken under Art. 123g, para. 6, item 5 or para. 13 of the Social Insurance Code by the persons under items 1 and 3;
  6. (New - State Gazette, No. 73 of 2026, effective from 01.01.2027) information on whether the termination of the insurance intermediary contract, respectively the withdrawal of authorization from an insurance intermediary - legal entity, is on the grounds under Art. 123g, para. 15 of the Social Insurance Code or as a result of a measure under Art. 123g, para. 17 of the Social Insurance Code.

Section XIII (New - State Gazette, No. 53 of 2006) Circumstances Subject to Registration in the Register of Persons with Recognized Qualification as a Responsible Actuary

Art. 31. (New - State Gazette, No. 53 of 2006; Amended and Supplemented, No. 68 of 2014, effective from 01.11.2014; Amended, No. 101 of 2018; Amended, No. 30 of 2020.) In the register of persons with recognized qualification as a responsible actuary, the following shall be registered:

  1. (Amended - State Gazette, No. 101 of 2018; Amended, No. 30 of 2020) the names;
  2. the date of issuance and the number of the Commission's decision by which the qualification of the responsible actuary is recognized;
  3. (Amended - State Gazette, No. 68 of 2014, effective from 01.11.2014) the scope of the recognized qualification - under the Insurance Code and the Social Insurance Code;
  4. (Amended - State Gazette, No. 68 of 2014, effective from 01.11.2014; Amended, No. 101 of 2018) fines, the legal provisions that were violated, the date and number of the penalty order;
  5. the Commission's decision by which the qualification of the responsible actuary is withdrawn.

Section XIV (New - State Gazette, No. 61 of 2020) Circumstances Subject to Registration in the Register of Authorized Advisors

Art. 31a. (New - State Gazette, No. 61 of 2020.) In the register of authorized advisors, for each authorized advisor, the following shall be registered:

  1. the Commission's decision for registering a legal entity as an authorized advisor in the register of authorized advisors;
  2. the services provided by the legal entity as an authorized advisor;
  3. information on whether the authorized advisor applies a code of conduct, and when applying, information on the code of conduct shall be registered, and when applicable - which of its rules are not applied;
  4. the Commission's decision for deregistering an authorized advisor from the register of authorized advisors.

ADDITIONAL PROVISIONS

§ 1. (Supplemented - State Gazette, No. 101 of 2018) (1) Applications for registration under Art. 4, para. 1, as well as the forms and registration forms established by the Commission under Art. 5, para. 4, must be filled out in Bulgarian. (2) (Supplemented - State Gazette, No. 101 of 2018) Documents submitted in accordance with this Decree and issued in a language other than Bulgarian must be accompanied by a translation into Bulgarian and legalized in accordance with the requirements of the current legislation, unless otherwise provided by law. In case of discrepancy between the texts, the data in the Bulgarian translation shall be accepted as correct.

TRANSITIONAL AND FINAL PROVISIONS

§ 2. (1) Information registered in the registers in accordance with the Decree on the Maintenance and Storage of Registers by the State Commission on Securities and on Circumstances Subject to Registration, adopted by Council of Ministers Resolution No. 266 of 21 November 2001 (State Gazette, No. 104 of 2001), the Rules on the Organization and Activities of the Insurance Supervision Agency, adopted by Council of Ministers Resolution No. 10 of 21 January 2002 (State Gazette, No. 9 of 2002; repealed, State Gazette, No. 8 of 2003), and the Statute of the State Agency for Insurance Supervision, adopted by Council of Ministers Resolution No. 29 of 9 March 2000 (State Gazette, No. 21 of 2000), shall be preserved. (2) Access to the information under para. 1 shall be provided in accordance with this Decree.

§ 3. This Decree is issued on the basis of Art. 30, para. 2 of the Law on the Commission for Financial Supervision and is adopted by Decision No. 21-N of 5.V.2004 of the Commission for Financial Supervision.

§ 4. This Decree enters into force on 1 October 2004.

§ 5. The Commission for Financial Supervision issues guidelines on the application of this Decree.

TRANSITIONAL AND FINAL PROVISIONS to the Decree on Amendment and Supplement to Decree No. 30 of 2006 on the Requirements for Accounting, the Form and Content of Financial Reports, Statements, Reports and Appendices of Insurers, Reinsurers and Health Insurance Companies (Pub. State Gazette, No. 78 of 2006; Amended and Supplemented, No. 55 of 2007 and No. 51 of 2008)

§ 16. In Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008 and No. 13 of 2009), Art. 25, para. 1 item 15 is amended as follows: "15. reports of the insurer or reinsurer under Art. 99, para. 1, items 2 and 3 of the Insurance Code."

Transitional and Final Provisions to the Decree on Amendment and Supplement to Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (State Gazette, No. 68 of 15.08.2014, effective from 15.08.2014)

§ 32. (Effective from 01.11.2014.) Within the period until 1 November 2014, the persons under Art. 2 declare the newly required circumstances under this Decree.

Provisions to the Decree on Amendment of the Decree on Amendment and Supplement to Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (State Gazette, No. 90 of 31.10.2014, effective from 31.10.2014)

§ 1. In § 31 of the transitional and final provisions at the end, the words "and § 1, § 17, § 18, § 21 and § 22, which enter into force on 1 January 2015" are added.

Transitional and Final Provisions to the Decree on Amendment and Supplement to Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (State Gazette, No. 101 of 07.12.2018)

§ 26. The persons under Art. 2 declare for registration in the registers of the Commission the newly required circumstances under this Decree within one month from its entry into force.

Transitional and Final Provisions to the Decree on Amendment and Supplement to Decree No. 61 of 2018 on the Requirements for Advertising and Written Informational Materials and Internet Pages of Pension Insurance Companies (State Gazette, No. 41 of 21.05.2019)

§ 13. In Art. 29a of Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005; Amended and Supplemented, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008, No. 13 of 2009, Amended, No. 49 of 2010; Amended and Supplemented, No. 68 and 90 of 2014, No. 95 of 2017 and No. 101 of 2018), item 4 is created: "4. data on the member state whose employment and social legislation is applicable to the scheme, when it differs from Bulgarian legislation."

Transitional and Final Provisions to DECREE No. 67 of 04.07.2019 on the Procedure for Electronic Registration of Insurance Intermediaries (State Gazette, No. 55 of 12.07.2019)

§ 4. In Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005; Amended and Supplemented, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008; Amended, No. 13 of 2009, No. 49 of 2010; Amended and Supplemented, No. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018), the following amendments and supplements are made:

  1. In Art. 2 item 14 is amended as follows: "14. insurance brokers, insurance agents and intermediaries offering insurance products as an additional activity;."
  2. In Art. 4, para. 3 after the words "commercial register" the words "and the register of non-profit legal entities" are added.
  3. In Art. 14, para. 1, item 26 after the words "commercial register" the words "and the register of non-profit legal entities" are added.
  4. In Art. 17, para. 5 after the words "commercial register" the words "and the register of non-profit legal entities" are added.
  5. The following amendments are made in Art. 25: a) in para. 1, item 20 the word "type" is replaced with "class"; b) in para. 3, item 3 the word "types" is replaced with "classes"; c) in para. 4, item 1 the word "types" is replaced with "classes".
  6. The title of Section X is amended as follows: "Circumstances Subject to Registration in the Register of Insurance Brokers, Insurance Agents and Intermediaries Subject to Registration Offering Insurance Products as an Additional Activity".
  7. In Art. 27: a) in para. 3: aa) in the main text after the words "legal entities" the words "and intermediaries offering insurance products as an additional activity - legal entities," are added; bb) items 1 and 2 are amended as follows: "1. the name, seat and management address of the insurer under Art. 315, para. 1 of the Insurance Code, with whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, has concluded a contract (for insurers from the register under Art. 30, para. 1, item 9 of the Law on the Commission for Financial Supervision, only the name shall be registered), the date of conclusion, respectively the date of termination of the contract, as well as the classes of insurance for which intermediary services are performed;
  8. the data under item 1 for other insurers with whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, has concluded a contract in accordance with Art. 315, para. 2 of the Insurance Code, the date of conclusion, respectively the date of termination of the contract, as well as the classes of insurance for which intermediary services are performed;" cc) item 4 is amended as follows: "4. the name of the insurer at whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, is insured in accordance with Art. 316, para. 2 of the Insurance Code, and the term of the insurance, respectively the declaration from the insurer, for whom the insurance agent, respectively the intermediary offering insurance products as an additional activity, performs intermediary services, to assume full responsibility for his actions as an intermediary, the date of its issuance and its term, if the declaration is for a fixed term;" dd) in item 5 after the words "insurance agent" a comma is placed and the words "respectively the intermediary offering insurance products as an additional activity," are added; ee) in item 6 after the words "insurance agent" a comma is placed and the words "respectively the intermediary offering insurance products as an additional activity," are added; ff) in item 7 after the words "insurance agent" a comma is placed and the words "respectively the intermediary offering insurance products as an additional activity," are added; b) para. 4 is amended as follows: "(4) For insurance agents, respectively intermediaries offering insurance products as an additional activity - sole traders, the relevant circumstances under Art. 14, as well as the circumstances under para. 3, shall be registered in the register." c) in para. 5: aa) in the main text after the words "natural persons" the words "and intermediaries offering insurance products as an additional activity - natural persons," are added; bb) in item 3 after the words "insurance agent" a comma is placed and the words "respectively the intermediary offering insurance products as an additional activity" are added; d) in para. 6: aa) the main text is amended as follows: "(6) For insurance intermediaries, respectively intermediaries offering insurance products as an additional activity, from another member state, the following shall be registered in the register:"; bb) item 5 is amended as follows: "5. the name of the insurer(s), on whose behalf and for whose account the intermediary performs intermediary services - for insurance intermediaries, respectively intermediaries offering insurance products as an additional activity, who are bound to one or more insurers;" cc) in item 6 the word "insurance" is deleted; d) para. 8 is amended as follows: "(8) Art. 14 does not apply to the intermediaries under para. 6. Art. 14, para. 1, items 7 - 21 does not apply to insurance agents and intermediaries offering insurance products as an additional activity under paras. 3 - 5."

§ 5. (1) This Decree is issued on the basis of Art. 296, para. 8 of the Insurance Code. (2) On the basis of Art. 5, para. 4 of Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration, this Decree determines mandatory electronic registration forms for the application for registration of insurance brokers via the internet. On the basis of Art. 4, para. 4 and Art. 5, para. 4 of Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration, this Decree determines that registrations in the register of insurance agents and of intermediaries offering insurance products as an additional activity under Art. 319, para. 2, first sentence of the Insurance Code, and changes to these registrations are carried out entirely electronically, and determines mandatory electronic registration forms for these registrations. (3) The Decree is adopted by Decision No. 845-N of 4.07.2019 of the Commission for Financial Supervision.

Transitional and Final Provisions to the Decree on Amendment and Supplement to Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (State Gazette, No. 30 of 31.03.2020)

§ 23. The Commission for Financial Supervision brings the registers into compliance with the requirements of this Decree within a 9-month period from its entry into force.

Transitional and Final Provisions to the Decree on Amendment and Supplement to Decree No. 48 of 2013 on the Requirements for Remuneration (State Gazette, No. 61 of 10.07.2020)

§ 19. In Decree No. 15 of 2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005; Amended and Supplemented, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008, No. 13 of 2009; Amended, No. 49 of 2010; Amended and Supplemented, No. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018, No. 41 and 55 of 2019 and No. 30 of 2020), the following amendments and supplements are made:

  1. In Art. 2, item 18 is created: "18. authorized advisors."
  2. In Chapter Four, Section XIV is created with Art. 31a: "Section XIV Circumstances Subject to Registration in the Register of Authorized Advisors Art. 31a. In the register of authorized advisors, for each authorized advisor, the following shall be registered:
  3. the Commission's decision for registering a legal entity as an authorized advisor in the register of authorized advisors;
  4. the services provided by the legal entity as an authorized advisor;
  5. information on whether the authorized advisor applies a code of conduct, and when applying, information on the code of conduct shall be registered, and when applicable - which of its rules are not applied;
  6. the Commission's decision for deregistering an authorized advisor from the register of authorized advisors."

Transitional and Final Provisions to DECREE No. 7 of 27.05.2021 on the Procedure for Acquisition, Recognition and Withdrawal of Qualification of Financial Instrument Brokers and Investment Consultants (State Gazette, No. 48 of 08.06.2021)

§ 7. In Decree No. 15 of 5.05.2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005; Amended and Supplemented, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008, No. 13 of 2009; Amended, No. 49 of 2010; Amended and Supplemented, No. 68 and 90 of 2014, No. 95 of 2017; Amended and Supplemented, No. 101 of 2018, Supplemented, No. 41 and 55 of 2019; Amended and Supplemented, No. 30 and 61 of 2020), the following amendments are made:

  1. In Art. 23, para. 1 item 9 is amended as follows: "9. the names of the investment consultants;."
  2. In Art. 23a, para. 1 item 5 is amended as follows: "5. the name of the investment consultant with whom the closed-type national investment company has concluded a contract;."
  3. The following amendments and supplements are made in Art. 24, para. 1: a) in item 2 the words "as well as the specialization in a specific field, if any" and the comma before them are deleted; b) in item 4 after the words "of the investment company" a comma is placed and the words "of the national investment fund" are added, and the words "of the management company or of the pension insurance company" are replaced with "of the management company, of the pension insurance company, of the person managing alternative investment funds, or of any other person who is obliged by law to conclude a contract with an investment consultant".
  4. In Art. 28, para. 2, item 5 the words "investment consultations regarding securities" are replaced with "investment advice regarding financial instruments".

Transitional and Final Provisions to DECREE No. 70 of 29.06.2021 on the Requirements for Payment Funds (State Gazette, No. 60 of 20.07.2021)

§ 3. In Decree No. 15 of 5.05.2004 on the Maintenance and Storage of Registers by the Commission for Financial Supervision and on Circumstances Subject to Registration (Pub. State Gazette, No. 54 of 2004; Amended, No. 15 of 2005; Amended and Supplemented, No. 12 and 53 of 2006, No. 22 of 2007, No. 63 and 68 of 2008, No. 13 of 2009; Amended, No. 49 of 2010; Amended and Supplemented, No. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018, No. 41 and 55 of 2019 and No. 30 and 61 of 2020), the following amendments and supplements are made in Art. 28:

  1. In para. 2: a) in the main text after the word "funds" the words "for supplementary social insurance" are added; b) in items 4 and 5 the words "securities" are replaced with "financial instruments".

  2. Para. 3 is created: "(3) For each of the payment funds managed by pension insurance companies, the following shall be registered:

  3. the name, as well as data on changes in the name, if any have occurred after the registration of the fund in the register;

  4. the Commission's decision for registering the fund in the register;

  5. the rules of the fund;

  6. EIK by BULSTAT;"

  7. the name, EIK, date and number of the license (permit) of the custodian bank with which the pension insurance company managing the fund has concluded a contract for custodial services;

  8. the name of each investment intermediary with which the pension insurance company has concluded a contract for the execution of transactions with financial instruments related to the management of the fund's assets;

  9. the names of the investment consultant, respectively - the name of the management company with which the pension insurance company has concluded a contract for investment consultations regarding financial instruments;

  10. the annual financial report of the fund and the audit report pursuant to Art. 190, para. 1 of the Social Security Code (SSC);

  11. the transformation of the fund.

Transitional and Final Provisions to ORDINANCE No. 2 of 09.11.2021 on Initial and Subsequent Disclosure of Information in the Public Offering of Securities and Admission of Securities to Trading on a Regulated Market (Gazette of the Republic, No. 97 of 19.11.2021, effective from 01.01.2022)

§ 7. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 54 of 2004; amended, No. 15 of 2005; amended and supplemented, Nos. 12 and 53 of 2006, No. 22 of 2007, Nos. 63 and 68 of 2008, No. 13 of 2009; amended, No. 49 of 2010; amended and supplemented, Nos. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018; supplemented, Nos. 41 and 55 of 2019; amended and supplemented, Nos. 30 and 61 of 2020 and Nos. 48 and 60 of 2021) the following amendments and supplements are made:

  1. In Art. 14, para. 4, the word "law" is replaced with "regulatory act" and a second sentence is created: "Disclosure of information pursuant to the preceding sentence is carried out in a volume, under conditions and in a manner, in accordance with the requirements in the respective regulatory act, if any."
  2. In Art. 15g, item 1, at the end, "and the license number" is added.
  3. In Art. 15d, item 1, at the end, "and the license number, where applicable" is added.
  4. In Art. 17, para. 6, the following amendments and supplements are made: a) in the main text, the words "para. 1 and 3" are replaced with "para. 1"; b) in item 1, at the end, "and the license number" is added; c) item 3 is amended as follows: "3. the names, EIK, registered offices and management addresses of the third parties pursuant to Art. 27, para. 4 of the Law on Companies with Special Investment Purpose and Securitization Companies (LSIPSC);" d) in item 4, the words "servicing company" are replaced with the words "third party pursuant to Art. 27, para. 4 LSIPSC"; e) in item 6, the words "the depositary bank" are replaced with "the bank with which a contract for depositary services has been concluded".
  5. In Art. 18, the following amendments are made: a) in item 1, the word "confirms" is replaced with "approves"; b) item 2 is repealed; c) in item 3, the word "confirms" is replaced with "approves"; d) items 4 and 5 are repealed; e) in item 6, the word "confirmed" is replaced with "approved", and the words "the supplement to the prospectus pursuant to Art. 85, para. 2 of the Capital Markets Act (CMA), respectively another document containing information equivalent to the prospectus for the issuer and for the securities which are publicly offered or admitted to trading on a regulated market" are deleted; f) items 7 - 11 are repealed.
  6. After Art. 21, Section IVa "Circumstances subject to registration in the register of securitization companies" and Section IVb "Circumstances subject to registration in the register of OPS compliance agents" are created:

"Section IVa Circumstances subject to registration in the register of securitization companies Art. 21a. The following data are registered in the register of securitization companies:

  1. the decision of the Commission by which a license to carry out activity as a securitization company is issued, and the license number;
  2. the decision of the Commission approving the prospectus, respectively the final document for the offered securities pursuant to Art. 7, paragraph 1, letter 'v' of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (OJ, L 347/35 of 28 December 2017) (Regulation (EU) 2017/2402);
  3. the prospectus, respectively the final document for the offered securities pursuant to Art. 7, paragraph 1, letter 'v' of Regulation (EU) 2017/2402;
  4. the decision of the Commission for the withdrawal of the license to carry out activity as a securitization company.

Section IVb Circumstances subject to registration in the register of OPS compliance agents Art. 21b. The following data are registered in the register of OPS compliance agents:

  1. the decision of the Commission by which a license to carry out activity as an OPS compliance agent is issued, and the license number;

  2. the decision of the Commission for the withdrawal of the license to carry out activity as an OPS compliance agent."

  3. In Art. 22, para. 1, item 1, the word "confirms" is replaced with "approves".

  4. In Art. 23a, para. 1, item 1, after the words "national investment company", "and the license number" is added.

Transitional and Final Provisions to the Ordinance on Amendment and Supplement of Ordinance No. 11 of 3.12.2003 on the licenses for carrying out activity as a regulated market, market operator, for organizing a multilateral trading system or organized trading system, for carrying out activity as an investment intermediary, investment company, management company, company with special investment purpose, national investment fund, person managing an alternative investment fund, and data reporting service provider (Gazette of the Republic, No. 47 of 24.06.2022)

§ 42. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 54 of 2004; amended, No. 15 of 2005; amended and supplemented, Nos. 12 and 53 of 2006, No. 22 of 2007, Nos. 63 and 68 of 2008, No. 13 of 2009; amended, No. 49 of 2010; amended and supplemented, Nos. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018; supplemented, Nos. 41 and 55 of 2019; amended and supplemented, Nos. 30 and 61 of 2020 and Nos. 48, 60 and 97 of 2021) the following amendments and supplements are made:

  1. In Art. 2, item 9 is amended as follows: "9. approved reporting mechanisms and approved publishing mechanisms pursuant to Art. 1, item 3 of the Law on Markets in Financial Instruments (LMFI);".
  2. In Art. 15, para. 6, items 1 and 4, the words "data reporting service provider" are replaced with "approved reporting mechanism or approved publishing mechanism pursuant to Art. 1, item 3 LMFI".
  3. In the title of Section IIg of Chapter Four, the words "data reporting service providers" are replaced with "approved reporting mechanisms and approved publishing mechanisms pursuant to Art. 1, item 3 LMFI".
  4. In Art. 15g, the following amendments and supplements are made: a) in the text before item 1, the words "data reporting service providers" are replaced with "approved reporting mechanisms and approved publishing mechanisms pursuant to Art. 1, item 3 LMFI"; b) in item 1, after the words "data reporting", "as an approved publishing mechanism or approved reporting mechanism pursuant to Art. 1, item 3 LMFI" is added; c) item 3 is deleted; d) in item 4, after the words "data reporting", "as an approved publishing mechanism or approved reporting mechanism pursuant to Art. 1, item 3 LMFI" is added.
  5. In Art. 16, para. 5, items 1 and 4, the words "data reporting service provider" are replaced with "approved reporting mechanism or approved publishing mechanism pursuant to Art. 1, item 3 LMFI".
  6. Everywhere in the ordinance, the word "commission" is replaced with "Commission".

Transitional and Final Provisions to the Ordinance on Amendment and Supplement of Ordinance No. 53 of 23.12.2016 on the requirements for reporting, valuation of assets and liabilities and formation of technical reserves of insurers, reinsurers and the Guarantee Fund (Gazette of the Republic, No. 101 of 20.12.2022, effective from 01.01.2023)

§ 40. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 54 of 2004; amended, No. 15 of 2005; amended and supplemented, Nos. 12 and 53 of 2006, No. 22 of 2007, Nos. 63 and 68 of 2008, No. 13 of 2009; amended, No. 49 of 2010; amended and supplemented, Nos. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018; supplemented, Nos. 41 and 55 of 2019; amended and supplemented, Nos. 30 and 61 of 2020 and Nos. 48, 60 and 97 of 2021; amended and supplemented, No. 47 of 2022) in Art. 25, the following amendments and supplements are made:

  1. In para. 1, item 19: a) letters "a" - "k" are repealed; b) in letter "l", after the words "S.02.01.01", a comma is placed and "S.05.01.01" is added; c) in letter "m", after the words "S.02.01.02", a comma is placed and "S.05.01.02" is added; d) letter "n" is created: "n) annual report Premiums, Claims and Expenses by type of activity (for insurers without access to the single EU market) and annual report Balance Sheet (for insurers without access to the single EU market) in accordance with the order of the Deputy Chairman, heading the "Insurance Supervision" Management pursuant to Art. 2, para. 6 of Ordinance No. 53 of 23.12.2016 on the requirements for reporting, valuation of assets and liabilities and formation of technical reserves of insurers, reinsurers and the Guarantee Fund (Gazette of the Republic, No. 38 of 20.05.2016) regarding insurers without access to the single market of the European Union."
  2. Paras. 2 - 6 are repealed.

Transitional and Final Provisions to the Ordinance on Amendment and Supplement of Ordinance No. 63 of 8.11.2018 on the requirements for the content, periodicity of preparation and deadlines for submission of supervisory reports of pension insurance companies and funds managed by them (Gazette of the Republic, No. 70 of 20.08.2024)

§ 14. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 109 of 2003; amended and supplemented, No. 84 of 2005; amended, No. 104 of 2005; amended and supplemented, No. 101 of 2006, No. 83 of 2007; corrected, No. 87 of 2007; amended and supplemented, No. 28 of 2009, No. 53 of 2015, No. 63 of 2016, No. 8 of 2021 and Nos. 47 and 101 of 2022) in Art. 28, the following amendments and supplements are made:

  1. In para. 1, item 12, the words "by which the conditions, procedure and manner for satisfying the insured persons and pensioners provided therein and in the appendix are approved, or which imperatively determines others" are deleted.
  2. In para. 2: a) item 1 is amended as follows: "1. the decision of the Commission, by which permission to manage a fund is granted to the pension insurance company;" b) item 3 is amended as follows: "3. the name and EIK of the custodian bank with which the pension insurance company managing the fund has concluded a contract for custodial services, respectively of the depositary pursuant to Art. 214a, para. 4 SSC, with which the company has concluded a contract for depositary services;".
  3. In para. 3, item 5 is amended as follows: "5. the name and EIK of the custodian bank with which the pension insurance company managing the fund has concluded a contract for custodial services;".

Transitional and Final Provisions to the Ordinance on Amendment and Supplement of Ordinance No. 28 of 10 May 2006 on the conditions and procedure for conducting the examination for professional qualification of insurance brokers and for recognition of qualifications acquired in a member state, and for registration of materials for professional training (Gazette of the Republic, No. 109 of 16.12.2025, effective from 16.12.2025)

§ 10. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 54 of 2004; amended and supplemented, No. 15 of 2005, Nos. 12 and 53 of 2006, No. 22 of 2007, Nos. 63 and 68 of 2008, No. 13 of 2009, No. 49 of 2010, Nos. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018, Nos. 41 and 55 of 2019, Nos. 30 and 61 of 2020, Nos. 48, 60 and 97 of 2021, Nos. 47 and 101 of 2022 and No. 70 of 2024) the following amendments and supplements are made:

  1. In Art. 2: a) a new item 14 is created: "14. organizations for conducting professional training of employees of insurance brokers;" b) the current items 14 - 18 become respectively items 15 - 19.
  2. In Chapter Four, Section IHa with Art. 26a is created:

"Section IHa Circumstances subject to registration in the register of organizations for conducting professional training of employees of insurance brokers Art. 26a. For organizations for conducting professional training of employees of insurance brokers, the following are registered:

  1. contact person;

  2. decision of the Commission for registration in the register of the organization for conducting professional training of employees of insurance brokers;

  3. decision of the Commission for registration of changes in submitted materials;

  4. decision of the Commission for suspension, respectively restoration of the effect of the registration of the organization for conducting professional training of employees of insurance brokers;

  5. decision of the Commission for deletion from the register of the organization for conducting professional training of employees of insurance brokers."

  6. In Art. 27, para. 9 is created: "(9) For insurance, respectively reinsurance intermediaries from third countries, registered pursuant to Art. 323i, paras. 1 and 2 of the Insurance Code through a branch registered under the Commerce Act, in the register pursuant to Art. 30, para. 1, item 12 of the Law on the Commission for Financial Supervision (LCFS), the circumstances pursuant to para. 1, items 1 - 5 and 8 or pursuant to para. 3, items 1 - 4, 7 and 8, respectively, as well as the permit for carrying out activity issued by the competent authority for insurance, respectively reinsurance intermediation at the seat of the intermediary are registered. For a branch of a trader from a third country, registered pursuant to Art. 293i, para. 3 of the Insurance Code, the circumstances pursuant to para. 3, items 1 - 4, 7 and 8 are registered."

Transitional and Final Provisions to the Ordinance on Amendment and Supplement of Ordinance No. 17 of 7.07.2004 on the documents which are necessary for the issuance of a permit for transformation of a pension insurance company and a fund for supplementary pension insurance and on the requirements for the plans pursuant to Art. 327, para. 1, item 3 and Art. 336, para. 1 of the Social Security Code (Gazette of the Republic, No. 73 of 14.08.2026, effective from 01.01.2027)

§ 19. In Ordinance No. 15 of 5.05.2004 on the maintenance and preservation of registers by the Commission for Financial Supervision and on the circumstances subject to registration (published, Gazette of the Republic, No. 54 of 2004; amended and supplemented, No. 15 of 2005, Nos. 12 and 53 of 2006, No. 22 of 2007, Nos. 63 and 68 of 2008, No. 13 of 2009, No. 49 of 2010, Nos. 68 and 90 of 2014, No. 95 of 2017, No. 101 of 2018, Nos. 41 and 55 of 2019, Nos. 30 and 61 of 2020, Nos. 48, 60 and 97 of 2021, Nos. 47 and 101 of 2022, No. 70 of 2024 and No. 109 of 2025) the following amendments and supplements are made:

  1. In Art. 28: a) in para. 2: aa) in item 3, the words "para. 4" are replaced with "para. 9"; bb) in item 4, the words "carrying out" are replaced with "execution of orders for"; cc) items 5 and 6 are amended as follows: "5. the names of the natural persons pursuant to Art. 123v, para. 2, item 1 SSC, respectively - the name of the legal entity pursuant to Art. 123v, para. 2, item 2 SSC, with which the pension insurance company has concluded contracts for investment consultations regarding financial instruments; 6. the names of the members of the supervisory board of the funds for supplementary mandatory pension insurance and funds for making payments - on the accounts of the universal pension fund and the professional pension fund, respectively the names of the members of the advisory board of the fund for supplementary voluntary pension insurance, and the correspondence address of the respective board;" dd) items 10 and 11 are created: "10. the court decision pursuant to Art. 339b, para. 4 SSC; 11. sub-funds in the respective fund for supplementary pension insurance and the following circumstances regarding them: a) the name, as well as data on changes in the name, if any have occurred after the registration of the sub-fund in the register; b) EIK under BULSTAT; c) date of registration in BULSTAT register; d) minimum and maximum threshold of investments of the sub-fund in financial instruments with variable income relative to the assets of the fund."; b) in para. 3: aa) in item 6, the words "carrying out" are replaced with "execution of orders for"; bb) item 7 is amended as follows: "7. the names of the natural persons pursuant to Art. 123v, para. 2, item 1 SSC, respectively - the name of the legal entity pursuant to Art. 123v, para. 2, item 2 SSC, with which the pension insurance company has concluded contracts for investment consultations regarding financial instruments;" cc) in item 8, after the words "the audit report on", "Art. 123x in connection with" is added.
  2. In Art. 30, items 5 and 6 are created: "5. the date of the last passed examination pursuant to Art. 123g, para. 6, item 5 or para. 13 SSC by the persons pursuant to items 1 and 3; 6. information on whether the termination of the insurance intermediation contract, respectively the withdrawal of authorization from an insurance intermediary - legal entity, is on the grounds pursuant to Art. 123g, para. 15 SSC or as a result of a measure pursuant to Art. 123g, para. 17 SSC."

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