Parliament Adopts New Markets in Financial Instruments Act
Friday, 02 February 2018
Parliament on Thursday adopted a new Market in Financial Instruments Act. It transposes into Bulgarian legislation the requirements of a EU Markets in Financial Instruments Directive and measures for its enforcement.
The aim is to boost market transparency, ensure better protection for investors, boost confidence and prevent unregulated trade in financial instruments.
It extends the scope of financial instruments and builds on the existing legal regulations for the organization and activity of investment intermediaries and the regulated securities markets.