Regulatory Alerts2006-08-02
Added · Updated
Ordinance No. 31 (2006) on Actuary Qualification Exams, Recognition (incl. foreign), and the Form and Content of Actuarial Certifications, Reports, and Statements under Insurance and Social Security Codes
The Financial Supervision Commission issued Ordinance No. 31 to regulate the conditions and procedures for conducting examinations and recognizing the qualification of a responsible actuary, including those acquired outside the Republic of Bulgaria. It defines the requirements for full and partial actuary qualifications, outlining the structure of the examination into basic and specialized modules, and sets forth the application process, fees, and criteria for admission. Furthermore, the ordinance specifies the form and mandatory content of actuarial certifications, reports, and statements required under both the Insurance Code and the Social Security Code, alongside educational and professional experience prerequisites.
Topics
Share