SECURITIES AND FINANCIAL MARKETS

SECURITIES AND FINANCIAL MARKETS

The law firm enjoys excellent professional merit and years of serious experience in advising projects and transactions with various financial instruments. We have been dealing with priority with IPO, questions concerning issuers and public companies, legal solutions for investment intermediaries and transactions in securities.
The Managing Partner Professor Doctor of Juridical Sciences Angel Kalaidjiev is among the most renowned experts in these issues. He is a member of the Legal Certainty Group of the European Commission on matters of legal certainty in clearing and settlement of securities and, in particular, concerning the relations between holders of financial securities accounts and professionals providing depository services. The group comprises of approximately 30 individuals with profound related knowledge coming predominantly from academic circles, public administration and business associations. However, all experts have been invited as individuals and not on representation principle.

Being a legal expert with the Bulgarian Parliament Professor Doctor Angel Kalaidjiev has advised the compliance of Bulgarian Markets in Financial Instruments Act with Directive 2004/39/ EC on Markets in Financial Instruments. The specific profile of our attorneys focused on helping some of the first investment intermediaries in Bulgaria both in initial licensing and further business activities. In 1996 we have prepared the complete set of documents of ING Bank N.V. – Sofia Branch with respect to obtaining approval from the national regulator to perform services as an investment intermediary. Since then, we have been rendering legal advice to ING Bank N.V. – Sofia Branch on a case by case basis in relation to its business as an investment intermediary. We also have advised and supported projects of other investment intermediaries such as Euro-Finance Jsc. and CEE Securities Jsc.
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