Regulatory Alerts2023-08-15
Added · Updated
Ordinance No. 31 on Conditions and Procedure for Responsible Actuary Recognition and Reporting
The Financial Supervision Commission of Bulgaria establishes the regulatory framework for recognizing the legal capacity of responsible actuaries in insurance and social insurance sectors. The ordinance details the admission requirements, examination structure, and application procedures for both full and partial actuarial certification, including specific academic and professional experience mandates. It further defines the mandatory forms and content for actuarial reports and certifications issued under the Insurance Code and Social Insurance Code.
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