Bulgaria Financial Supervision Commission approves Pension Insurance Institute fund rule changes and registers Future Capital Holding and Texim Bank share issues

The Bulgaria Financial Supervision Commission (FSC) adopted a set of supervisory decisions, including approving amendments to the Rules of Organization and Operation of the Universal, Professional and Voluntary Pension Funds “Pension Insurance Institute”, and entering share issues by Future Capital Holding AD and Texim Bank AD in the register of public companies and other issuers of securities for trading on a regulated market. The FSC also approved Petar Dochev as procurator of the investment intermediary Ever Financial AD and approved the 2024 budget implementation report of the Investor Compensation Fund. The registered securities include 1,167,844 ordinary, registered, dematerialized, freely transferable voting shares of Future Capital Holding AD with a nominal value of BGN 1 each (ISIN BG11VEPLAT12) and 6,999,991 ordinary, registered, dematerialized, freely transferable voting shares of Texim Bank AD with a nominal value of BGN 1 each (ISIN BG1100001921). In insurance supervision, the FSC initiated administrative proceedings to issue an individual administrative act deleting insurance broker VIA NOTA LTD from the register of insurance brokers, and notified the competent authority in the Hellenic Republic of the intention of insurance agent Balkan General Risks Global Ltd to provide insurance intermediation services in Greece under the freedom to provide services regime.