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Changes to cross-border payment rules
- CMS Cameron McKenna
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- Bulgaria
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- 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
Current Search
- Jurisdiction - Bulgaria
- Author - Desislava Vasileva