The Bulgaria Financial Supervision Commission (FSC) determined the minimum yield for mandatory pension funds for the 24-month period from 29 March 2024 to 31 March 2026 and adopted a package of authorisation-related decisions across investment services, insurance and crypto-asset activities. For investment services, the FSC set the composition of the examination committee for the broker of financial instruments exam on 16 May 2026 and the investment consultant exam on 17 May 2026, and admitted candidates to each sitting. It also notified all EU Member State competent authorities of changes to Ever Financial AD’s notification for cross-border investment services provided without establishing a branch, and exempted Electrohold Trade EAD and Cargill Bulgaria EOOD for 2026 from the obligation to obtain an investment intermediary licence for trading commodity derivatives or emission allowances or derivatives under Article 5 of the Markets in Financial Instruments Act. In insurance supervision, proceedings to approve two members of the board of directors and executive directors of BARENTS INSURANCE EAD were terminated, and EUROINS INSURANCE COMPANY AD was informed that there were currently no legal obstacles to transferring a key actuarial function to an external contractor. The FSC also requested additional information and documents from 28 Areh Ltd in connection with a permit to operate as a provider of services for crypto-assets.

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