Bulgarian Association of Asset Management Companies

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2021
2022
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2024
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Registration as it was on 26 Jan 2024
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Overview

Lobbying Costs

10,000€

Financial year: Jan 2023 - Dec 2023

Lobbyists (Full time equivalent)

1.25 Fte (2)

Lobbyists with EP accreditation

0

High-level Commission meetings

0

Lobbying Costs over the years

  • Info

    Bulgarian Association of Asset Management Companies   (BAAMC)

    EU Transparency Register

    882784642093-42 First registered on 01 Apr 2021

    Goals / Remit

    1. to support, promote and popularize the activity of the asset management companies in Bulgaria;
    2. to consolidate and coordinate the efforts of its members and to uphold and safeguard their professional interests;
    3. to work with its members for the upholding of high standards of professionalism, applicable to the asset management activity.

    Main EU files targeted

    Capital Markets Union, UCITS Directive, AIFMD, PRIIPs, MiFID II and MiFIR, Prospectuses Regulation, MMFR, PEPP, SFDR, SFTR, EMIR, MAR, Investor Compensation Schemes Directive, Takeover Directive, IORP II, AML/CFT legislation, GDPR, Retail Investment Strategy, ESG policies etc.

    Address

    Head Office
    36 Alabin Street
    Sofia 1301
    BULGARIA
    EU Office
    36 Alabin Street
    Sofia 1301
    BULGARIA

    Website

  • People

    Total lobbyists declared

    2

    Employment timeLobbyists
    100%1
    25%1

    Lobbyists (Full time equivalent)

    1.25

    Lobbyists with EP accreditation

    No lobbyists with EP accreditations

    Complementary Information

    BAAMC employs only one employee on a full time labor contract and that is the Secretary General. An accountant provides accounting services for a few hours per month. The Chairwoman and the members of the Management Board work pro bono, on a voluntary basis, and do not receive any remuneration or bonuses from BAAMC.

    Person in charge of EU relations

    Data not provided by Register Secretariat due to GDPR

    Person with legal responsibility

    Data not provided by Register Secretariat due to GDPR

  • Categories

    Category

    Trade and business associations

  • Networking

    Affiliation

    European Fund and Asset Management Association (EFAMA). Ms. Natalia Petrova is member of the Board of Directors of EFAMA.
    BAAMC is the current secretary of the Users COmmitee with the Bulgarian Central Securities Depositary.
    BAAMC is the new chairman of the National Corporate Governance Commission of Bulgaria.

    Member organisations

    None declared

  • Financial Data

    Interests represented

    Promotes their own interests or the collective interests of their members

    Closed financial year

    Jan 2023 - Dec 2023

    Lobbying costs for closed financial year

    10,000€

    Major contributions in closed year

    None declared

    Intermediaries for closed year

    None declared

    Intermediaries for current year

    None declared

    Closed year Costs

    0€ - 10,000€

    Other financial info

    None declared

  • EU Structures

    Groups (European Commission)

    none

    Groups (European Parliament)

    N/A

    Communication activities

    Letters to ESMA and EIOPA with regard to the legal regime of the delegation of investment management functions by pension funds to asset management companies. Work with the national and EU regulators with regard to the optimization of the regulation of the distribution of UCITS funds. Rationalization of the AML/CFT regime with regard to facilitation of cross-border transactions and remote establishment of contractual relations. Work with regard to initiatives of EFAMA. Enhanced cooperation with national associations of asset managers from Central and East European countries.

    Other activities

    None declared

  • Meetings

    Meetings

    None declared

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