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European Banking Authority’s EU-wide report suggests reconciling national authorities’ procedures in relation to regulating Fintech

Bulgaria, European Union - August 22 2019 On 19 July 2019, the European Banking Authority (EBA) published a report on its analysis of the regulatory framework in the EU for FinTech companies...

ECB announces results of first public consultation by the working group on euro risk-free rates

European Union - August 23 2018 In August 2018, the European Central Bank ("ECB") published the results of the first consultation by the working group on euro risk-free rates...

Bulgarian National Bank adopts new regulations for bank internal exposures

Bulgaria - August 20 2018 In late July 2018, the Bulgarian National Bank ("BNB") adopted an ordinance on the internal exposures of credit institutions ("Ordinance"), providing...

Bulgarian National Bank issues its Q1 2018 report on the Bulgarian banking system

Bulgaria - July 25 2018 At the end of July 2018, the Bulgarian National Bank (BNB) issued its report for the first quarter of 2018 ("Report"), which outlines the state of the...

Developments in relation to bank reference indices in Bulgaria

Bulgaria - July 4 2018 On 19 June 2018, amendments to the Bulgarian Credit Institutions Act (CIA) came into force, which implement specific provisions of EU Regulation...