The Deputy Chairman of FSC, Head of Insurance Supervision Division approved Plamen Hinkov as an executive director of the insurance company “Orel Life”, Sofia and Iskra Metodieva as an actuary of the same company.
Procedure for transformation to a public company discontinued
In compliance with the request of the Agency of Privatization the Commission discontinued the procedure for transformation to a public company of two companies – Boyana Film EAD and Eliseina EAD.
New health insurance company
The Commission issued a license for supplementary health insurance to company Dobrovolna Osiguritelna Mrezha Zdrave (Voluntary Insurance Set Health). The new company offers two main services – Integrated medical assistance and Refund of exoenses
Temporary prohibition on tender offer for buying shares of Karlovska koprina AD, Karlovo
FSC issued a temporary prohibition on the following tender offer :
– Company, object of the offer: Karlovska koprina
– Authorized investment intermediary: Aval In
License of an investment intermediary revoked
The Commission revoked the license for operation of the investment intermediary “Miliard Invest” OOD, Sofia
Project of an ordinance adopted on first reading
The Commission adopted on first reading a project of an Ordinance on the required documentation for issuing permission for transformation of a pension insurance company and a fund for supplementary pension insurance.
Peremptory prohibition on tender offer for buying shares Prokon – 90 A
FSC issued a peremptory prohibition on publishing of the following tender offer :
– Company, object of the offer: Prokon – 90 AD, Dobrich
– Offeror: Bulgaria AD, Dobrich
– Authorized investment intermediary: Elana Trading
Rubin AD is not public company anymore
Company Rubin AD has been deleted from the public register of the Commission in compliance with the decision of the Head of Investment Supervision Division
New Rules adopted
The Commission adopted Rules related to the option one person to combine the positions of a broker, an investment consultant and/or director of investor’s relations. According to the Rules one person cannot combine the above mentioned positions because of possible conflict of interests.
License refused to Kolos – 1
The Commission refused to issue a license for operation to Special Investment Purposes Company “Kolos – 1”.