The Investor Compensation Fund in Bulgaria aims at increasing the credibility...
National institutions National Assembly – www.parliament.bg Council of...
In this section are listed all licensed investment intermediaries, banks-...
Withdrawn licences of Investment intermediaries and Asset management...
The Fund pays out compensation to every client of an investment intermediaries up to 90% of the amount of the receivable, but not more than 40 000 BGN.
In this section are listed questions and answers in context of fund’s activity, the right of compensation and etc.
The Investor Compensation Fund guarantees payment of compensation to the clients of an investment intermediary by the raised money in the Fund in the cases where the investment intermediary is not able to pay its liabilities to the client due to reasons directly linked to its financial situation.
The Investor Compensation Fund in Bulgaria aims at increasing the credibility in the Bulgarian capital market, its development and stability by providing compensation to the clients of investment intermediaries as well as their branches in the host countries in cases when the investment intermediary is not able to perform its obligations to the clients due to reasons related to his financial state.
The Investor Compensation Fund is an independent legal entity which headquarters are situated in Sofia.
On its Board meeting on 11.10.2018 the Financial Supervision Commission (FSC) took Decision for the withdrawal of the license of the investment company Matador Primer Ltd. In order to take all the necessary measures to settle the investment company’s relations with its clients, Stoil Vladimirov Molloff was appointed as a quaestor (administrator) of the company. The quaestor (administrator) will have three months to settle the relations with the customers of Matador Prime Ltd. The contact details of the quaestor are as follows: +359 2 955 53 48;...
Announcement for compensation payouts of the clients of Status invest AD Following the revocation of license of Status Invest AD, dated 25 February 2015, by the Financial Supervision Commission, the Management Board of the Investor Compensation Fund defined: Compensation payouts of the clients of Status invest AD by the Fund will be carried out by Raiffeisen Bank (Bulgaria) EAD. The claim for payment of compensation has to be submitted to the Fund in writing within a period of one year after the publishing of this announcement unless the failure to observe the deadline is due to any special, unforeseen...