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Results: 1-7 of 7

Changes to cross-border payment rules

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • January 17 2013

As of 1 March 2013, the information and documents to be provided when making a cross-border transfer will be subject to new rules. The cross-border

New foreign exchange rules

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • August 20 2012

From 14 August 2012, currency exchange ratios are only permitted to deviate by 5 (rather than the previous 20) from the daily rates announced by the Bulgarian National Bank

Bulgaria: pre-paid cards

  • CMS Cameron McKenna
  • -
  • Bulgaria, European Union
  • -
  • August 15 2012

According to recent amendments under Bulgarian law, effective from 27 July 2012, the pre-paid cards have been expressly regulated as a type of payment instrument for carrying out payment transactions

Changes to merger reporting requirements

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • February 17 2011

The reporting requirements on company mergers and demergers have been relaxed with effect from 31 December 2010

Changes to insolvency procedure

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • February 17 2011

A number of changes have been made to insolvency procedure to remove various discrepancies and controversial practices

New rules for company and share registration

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • February 17 2011

Companies now have until 31 December 2011 to re-register with the new Bulgarian Commercial Registry

Changes to creditors' rights on mergers

  • CMS Cameron McKenna
  • -
  • Bulgaria
  • -
  • February 16 2011

Unsecured creditors can no longer request payment from a mergingdemerging company of sums that are not due and payable at the time of the mergerdemerger