As of January 3rd, 2018 the new Markets in Financial Instruments Directive (MiFID II) together with the whole applicable legal framework thereof, enters into force for the territory of the European Union. As it is well known, our team of lawyers possesses in-depth knowledge in the field of the European financial regulations and offers on-going legal services to significant investment firms. In view of the challenge of MiFID II, and in order to meet the growing needs of our clients (several investment intermediaries and other players on the same market), we seek to strengthen the team with several legal professionals, having at least 3 years of previous experience in the non-banking financial sector. In case of interest, please contact directly the Managing Partner Radoslav Parushev through rparushev@oplaw.eu.
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.