Начало / The Financial Supervision Commission organizes an online series of training seminars with entities supervised by the FSC on topics related to the application of the LMML, the LMFT and the acts on their implementation

The Financial Supervision Commission organizes an online series of training seminars with entities supervised by the FSC on topics related to the application of the LMML, the LMFT and the acts on their implementation

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The Financial Supervision Commission (FSC) plans to organize and conduct a series of training seminars for entities supervised by the FSC on topics related to the implementation of measures to prevent money laundering and terrorist financing provided for in the Law on Measures against Money Laundering (LMML), the Law on Measures against Financing of Terrorism (LMFT) and the acts on their implementation, as well as the identified risks of money laundering and terrorist financing, published in the National AML/CFT Risk Assessment published on 19.01.2020 in the Republic of Bulgaria. Issues related to the forthcoming evaluation visit related to the evaluation of the Republic of Bulgaria within the Fifth Evaluation Round of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism at the Council of Europe (MONEYVAL) will also be discussed.

 The trainings will be conducted as follows:

 On 03 August 2021 /Tuesday/, from 10:00 am to 3:30 pm, through the Microsoft Teams platform, for the following supervised entities:

 investment intermediaries (obligated persons under Art. 4, item 8 of the LMML);

 collective investment schemes and other collective investment undertakings (obligated persons under Art. 4, item 9 of the LMML);

 management companies and persons managing alternative investment funds (obligated persons under Art. 4, item 10 of the LMML);

 On 04 August 2021 /Wednesday/, from 10:00 am to 3:30 pm, through the Microsoft Teams platform, for the following supervised entities:

 pension insurance companies (obligated persons under Art. 4, item 11 of the LMML);

 insurers and insurance intermediaries based in the Republic of Bulgaria who have received a license under the terms and conditions of the Insurance Code when operating in one or more of the classes of insurance under Section I of Appendix No. 1 to the Insurance Code (obligated persons under Art. 4, item 5 of the LMML);

 insurers and insurance intermediaries licensed in another Member State operating on the territory of the Republic of Bulgaria when operating under one or more of the classes of insurance under Section I of Appendix No. 1 to the Insurance Code (obligated persons under Art. 4, item 5 of the LMML);

 insurers based in countries other than a Member State licensed by the Financial Supervision Commission to operate in the Republic of Bulgaria through a branch when operating in one or more of the classes of insurance under Section I of Appendix No. 1 to the Insurance Code (obligated persons under Article 4, item 5 of the LMML).

 You can confirm your participation by e-mail: lenkova_rd@fsc.bg, no later than 02.08.2021 (Monday).

 After confirming your participation you will receive a link to the event.