The Financial Supervision Commission considered and adopted at the first vote amendments to Ordinance No. 52 of 21.10.2016 on the procedure and manner of deducting the investment fee collected by pension insurance companies in the management of SMPS funds

The Financial Supervision Commission considered and adopted at the first vote amendments to Ordinance No. 52 of 21.10.2016 on the procedure and manner of deducting the investment fee collected by pension insurance companies in the management of supplementary mandatory pension insurance funds They are dictated by adopted amendments to Art. 201, para. 1, item 3 and para. 2 of the Social Insurance Code (promulgated, SG, 19 /05.03.2021), which introduced a fee collected by the pension insurance companies in the management of the payment funds. The amendments to the ordinance are intended to regulate the procedure for deducting the fee calculated on the net asset value of the payment funds collected by the pension insurance companies in the management of these funds.

The draft and the reasons for it are published on the website of the Financial Supervision Commission in the section Regulations, subsection Public Consultations, and the deadline for submitting comments and proposals on the draft is 14 days from its publication until 22.06.2021 inclusive.