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Два особени влога
Two particular deposits

Author(s): Vladimir Georgiev
Subject(s): Law, Constitution, Jurisprudence
Published by: Институт за държавата и правото - Българска академия на науките
Keywords: Deposit; collective investment schemes; financial instruments; mutual aid credit cooperatives; agricultural capital fund.

Summary/Abstract: The subject of this study are two particular deposits for accepting funds and money. The first is regulated in art. 57, para. 5 of the Credit Institutions Act: Where the bank offers a deposit whose interest rate is linked to the yield of an investment in units of collective investment schemes or offers advice to its customers on such a deposit, it shall provide its customers with the key investor information document in accordance with Article 59, paragraph 3 of the Collective Investment Schemes and Other Undertakings for Collective Investments Act. This deposit resembles an investment in financial instruments. The other one resembles a debt borrowed from mutual aid credit cooperatives of private farmers, established as per the agricultural capital fund scheme in compliance with the agreements of the Republic of Bulgaria and the European Commission.

  • Issue Year: LVI/2015
  • Issue No: 1
  • Page Range: 36-48
  • Page Count: 13