MiFID License obtained

On behalf of a client – major foreign investor, the team of Ovcharov & Parushev successfully accomplished the procedure of obtaining from the Financial Supervision Commission a License for investment intermediary activities within the territory of EU and EAA.

The license falls under the Markets in Financial Instruments Directive (Directive 2004/39/EC or MiFID) and it is one of the few to be issued in Bulgaria since the EU accession. 

The case was supervised by Radoslav Parushev, partner.