Bulgaria's Financial Supervision Commission (FSC) reported that its Chair, Vasil Golemanski, participated in a meeting of the European Securities and Markets Authority (ESMA) Board of Supervisors, where members discussed the EU’s Market Integration and Supervision Package and its role in advancing the Savings and Investment Union, strengthening capital markets competitiveness and reducing regulatory burden. The Board also considered forthcoming legislative and regulatory amendments covering listing rules, market transparency, post-trade infrastructure and supervisory convergence. In the debate, Mr Golemanski emphasised that integration reforms should combine ambition with operational feasibility, with proportionality as a guiding principle to avoid unnecessary day-to-day supervisory friction or new market fault lines. The FSC indicated it will continue to keep Bulgaria’s non-banking financial sector informed of EU regulatory developments and to represent Bulgarian capital market interests in EU-level supervisory discussions.
Bulgaria Financial Supervision Commission 2026-02-24
Bulgaria's Financial Supervision Commission participates in ESMA Board discussions on the Market Integration and Supervision Package
The Bulgaria Financial Supervision Commission reported that its Chair, Vasil Golemanski, participated in the European Securities and Markets Authority Board of Supervisors meeting on the European Union’s Market Integration and Supervision Package, its role in the Savings and Investment Union, capital markets competitiveness and regulatory burden reduction. The Board discussed upcoming changes to listing rules, market transparency, post-trade infrastructure and supervisory convergence, with Golemanski stressing ambition, operational feasibility and proportionality in integration reforms.