Bulgarian Association of Asset Management Companies

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Registration as it was on 14 Apr 2021
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Overview

Lobbying Costs

9,999€

Financial year: Jan 2020 - Dec 2020

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

    UCITS Directive, AIFMD, MiFID II and MiFIR, Prospectuses Regulation, MMFR, PEPP, SFDR, SFTR, EMIR, MAR, Investor Compensation Schemes, Takeover Directive, IORP II, AML/CFT legislation, GDPR etc.

    Address

    Head Office
    36 Alabin Street
    29
    Sofia 1301
    BULGARIA
  • 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 Chairman and the members of the Management Board work pro bono, on a voluntary basis, and do not receive any remuneration 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

    II - In-house lobbyists and trade/business/professional associations

    Subcategory

    Trade and business associations

  • Networking

    Affiliation

    European Fund and Asset Management Association (EFAMA)

    Member organisations

    https://baud.bg/members/

  • Financial Data

    Closed financial year

    Jan 2020 - Dec 2020

    Lobbying costs for closed financial year

    9,999€

    Other financial info

    EFAMA has advised its members to declare 63.12 % of their 2020 EFAMA annual fee.as the figure for activities covered by the EC Transparency Register. The annual fee paid by BAAMC to EFAMA is considerably less than EUR 9 999, correspondingly, 63.12 % of such fee is even a lesser fraction of that amount.

  • 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.

    Other activities

    None declared

  • Meetings

    Meetings

    None declared

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