Financial Supervision Commission (Bulgaria)
The Financial Supervision Commission (FSC) ( Bulgarian Комисия за финансов надзор / Komisija za finansow nadsor ) is the Bulgarian financial market supervisory authority whose task it is to control and regulate certain parts of the financial market. There are currently 100,000 euros in state deposit guarantees.
history
The FSC was founded on March 1, 2003 by the Financial Supervision Commission Act. The FSC is an institution that is independent from the executive and is accountable to the Bulgarian National Assembly ( Narodno Sabranie ).
structure
The management of the commission consists of five members: a chairman, three deputy directors and a simple commissioner. The current chairman of the FSC is Stojan Mawrodiew. He was elected on June 16, 2010 by the Bulgarian National Assembly for a term of 6 years.
task
According to the FSC, it is the main task of the FSC to “ensure the maintenance of stability and transparency in the financial sector through legal, administrative and informational means”, whereby the FSC does not take care of the banking sector. Furthermore, “the protection of consumers of financial products and financial services should be ensured”.
Web links
Individual evidence
- ↑ FSC at devisenhandel-forex.de. (No longer available online.) Archived from the original on December 9, 2011 ; Retrieved November 11, 2011 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
