Parliamentary Changes in Bulgaria's Financial Legislation

25.07.2025 | Legislative changes

The National Assembly undertook significant legislative corrections in the sphere of credit institutions, affecting the composition of parliamentary commissions and European financial regulations.

Снимка от Juli KRIVOSHIEV, Wikimedia Commons, под CC BY 2.5 bg

The deputies from the National Assembly carried out a series of significant administrative and legislative transformations related to the management of financial institutions and parliamentary structures.

The specific changes include releasing Hasan Ademov from the Alliance for Rights and Freedoms from two parliamentary commissions - the budget and demographic ones, while simultaneously including him in the committees on labor and social policy, as well as healthcare.

The initiative for these personnel changes was proposed by his parliamentary group. An interesting detail is that the deputies from the political formation "DPS-New Start" did not participate in the vote.

Parallel to the personnel reshuffles, the legislators adopted extremely important amendments to the Law on Recovery and Restructuring of Credit Institutions and Investment Intermediaries, which introduce modern European regulatory standards in this sensitive economic sector.

The amendments were officially published on July 25, 2025, marking another step towards harmonizing Bulgarian financial legislation with European requirements.