Draft Ordinance for amendments of Ordinance N 6 for the capital adequacy and liquidity of the investment intermediaries approved


The Commission approved a draft Ordinance for amendments of Ordinance N 6 for the capital adequacy and the  liquidity of the investment intermediaries.
The amendments are further step in the process of harmonization of  the Bulgarian legislation with the European one, and are related to the requirements for formation of the own capital of the investment intermediaries.

 

New type of life insurance offered by Allianz Bulgaria Life has been approved

The Deputy Chairman of FSC, Head of Insurance Supervision Division,  has  issued to the  insurance company “Allianz Bulgaria Life” a supplementary permission for  new type of life insurance. The specifics of the insurance is that the insured person can choose an  investment fund where his money shall be invested.

Investor BG registered with the Commission as a public company

FSC registered with its register of public companies and other issuers the following company and its issue of securities
Issuer: Investor BG
Type of securities: ordinary, dematerialized, voting,  fully transferable shares
Size of the issue: 599 730 shares
Nominal value per share: BGN 1

”Interlogic Imoti” AD’ prospectus for initial public offering approved

FSC approved a prospectus for initial public offering of shares issued by ”Interlogic Imoti” AD’. The share issue has the following characteristics:

Issuer: Investor Interlogic Imoti AD
Type of securities: ordinary, dematerialized, voting,  fully transferable shares
Size of the issue: 20 000 shares
Nominal value per share: BGN 10
Minimum issuing value per share: BGN 40

Investment intermediary “Eurodealing” scope of activity has been limited

The Commission decided the limit the scope of activity of the investment intermediary “Eurodealing”. According to the decision the investment intermediary can not execute transactions with securities for its own account, as well can not underwrite issues of securities and manage individual portfolios of securities and/or money