40 results found

The rapid growth of online shopping as a result of the COVID-19 pandemic has led to an increased demand for different payment options for consumers at the checkout.

Bulgaria's journey towards Eurozone accession has been marked by strategic milestones and ongoing preparations. Since signing the Treaty of Accession to the European Union...

A business cannot function without a bank account. However, opening one nowadays has become – in some instances – a complex procedure that needs professional untangling.

The practice adopted by some banks in EU member states to structure financial collateral pledges as floating charges may result in invalidation of the pledges.

The Moratorium was not self-proclaimed by the Bulgarian Parliament as an overriding mandatory piece of law so the courts discretion in cross-border scenarios has been retained

Under Bulgarian law, an enterprise pledge is a form of floating charge over all assets forming part of the enterprise.

New rules on financial institutions entered into force in May 2009. Existing financial institutions had to apply for registration under the new rules by 30 September 2009.

In an era defined by digital transformation and the ever-evolving landscape of financial services, the concept of banking as a service ("BaaS") has emerged as a key force reshaping the industry.

One of the most important aspects of free and undistorted markets in the European Union ("EU") is the recovery of unlawful and incompatible State aid.

Starting January 1, 2026, Bulgaria will officially adopt the euro, replacing the Bulgarian lev (BGN) as its national currency.

There is hardly any major business that will not be affected by the entry into force of the EU General Data Protection Regulation (GDPR) on 25 May.

The Financial Supervision Commission has issued its first detailed statement of practice on treating repo deals/reverse repo deals.

Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria...

On 14 August 2015, an amendment to the Bulgarian law implementing the EU Financial Collateral Directive and extending its personal scope to "any person" entered into force.

On 10 July 2015, the Bulgarian parliament passed, at first reading, a bill intended to implement the EU Bank Recovery and Resolution Directive.

recent years, Bulgaria has become one of the most attractive destinations for investments. The country is renowned as a center of operations for foreigners' businesses as a result of numerous

Information and communication technology ("ICT") is integral to the functioning of the financial sector of modern economies.

На 27 ноември 2017г. Европейската комисия прие Регулаторните технически стандарти (Техн