Bulgaria's Compass Receivables Fund seeks SPE license

Bulgaria's Compass Receivables Fund seeks SPE license

Bulgaria's Financial Supervision Commission (FSC) said that it has asked local Compass Receivables Fund to provide additional information and documents regarding its request for receiving a license to act as a special purpose entity (SPE).Compass Receivables Fund intends to specialise in debt securitisation, the FSC said in a statement on Thursday.The company is also seeking approval of a prospectus for listing on the Bulgarian Stock Exchange, as all SPEs are obliged by law to do so.Compass Receivables Fund, established in June, has a registered capital of 500,000 levs ($282,000/256,000 euro), according to commercial register data.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.