The Bulgaria Financial Supervision Commission registered Bravo Home EREIT as a public company and entered its shares for trading on a regulated market, while removing an existing bond issue of SLS Holding AD from the register of public companies and other securities issuers. It also terminated, at the applicant’s request, proceedings to approve a member of the Board of Directors of the investment intermediary Global Funds Exchange AD, declared compliance with European Securities and Markets Authority guidelines on third-country crypto-asset services and preventing circumvention of the Markets in Crypto-Assets Regulation, and confirmed the completeness of Karoll Capital Management EAD’s application for a cross-border fund merger restructuring. Bravo Home EREIT’s registered issue comprises 13 ordinary registered dematerialised freely transferable voting shares with a nominal value of BGN 50,000 each (ISIN BG1100014254). The deregistered SLS Holding AD issue totalled EUR 2,000,000 and comprised 2,000 ordinary registered dematerialised interest-bearing freely transferable non-convertible unsecured bonds with a nominal value of EUR 1,000 each (ISIN BG2100004105). The ESMA guidelines referenced are ESMA35-1872330276-2030. For the Karoll transaction, the FSC confirmed the completeness of the application to transform the Advance Emerging Europe Opportunities Mutual Fund through a merger into Class A of Karoll – Advance Emerging Europe Opportunities, a sub-fund of Karoll SICAV managed by Waystone Management Company (Lux) S.A., and forwarded the submitted documents to Luxembourg’s competent authority (CSSF).

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