On 14.07.2023 the National Assembly of Bulgaria adopted new
amendments to theMeasures against Money Laundering Act (MAMLA),
which aim to achieve compliance with the Directive 2018/843 of the
European Parliament and of the Council of 30 May 2018. The
afore-mentioned amendments were published in the State Gazette,
issue No. 60, on 14.07.2023.
A summary of the most important amendments follows:
Resolving any discrepancy between the information provided
and announced on the ultimate beneficial owner and the information
collected on the beneficial owner
The new provision in art. 63a provides the possibility all
obliged persons under the MAMLA, as well as authorities such as the
State Agency for National Security, the Ministry of Internal
Affairs, the National Revenue Agency etc., to inform the Registry
Agency in case they establish discrepancies between the announced
in the Commercial register and the Register of non-profit legal
entities or the BULSTAT Register,
