BULGARIA: FSC confirms intention to comply with AIFMD MoU Guidelines

Thursday January 30 2014

The Financial Supervision Commission (FSC) of Bulgaria has announced that, at its meeting of 29th January 2014, it has made the decision to agree to comply with the European Securities and Markets Authority (ESMA) guidelines on the Model MoU concerning consultation, cooperation and the exchange of information related to the supervision of AIFMD entities.

The ESMA guidelines lay down a model of the Memorandum of Understanding (MoU) that should be agreed between the EU and non-EU supervisory authorities in order to have the appropriate supervisory cooperation arrangements in place as required by the AIFMD.

Click on the above link for the FSC announcement (Bulgarian).