Implementation on the territory of the Republic of Bulgaria within the European Union and the European Economic Area and in third countries of:
(a) investment services and activities under Article 5, paragraph 2, items 1, 2, 4, 5 and 7 of the ZPFI, as follows: – acceptance and transmission of orders in relation to one or more financial instruments, including brokerage for transactions in financial instruments; – executing orders on behalf of clients; – portfolio management; – providing investment advice to a client; – offering for initial sale of financial instruments without an unconditional and irrevocable obligation to acquire financial instruments on its own account.
b) additional services under Art. 5, para 3, items 1 – 5 and 7 of the ZPFI, as follows: – the safekeeping and administration of financial instruments on behalf of clients, including trusteeship clients in a depositary institution) and related services such as the management of the money received / the collateral provided; – granting of loans for transactions with one or more financial instruments, provided that the person providing the loan participates in the transaction under terms and conditions established by an ordinance; – company consultations on capital structure, industrial strategy and related issues as well as advice and services related to mergers and acquisitions; – provision of services related to foreign payment instruments in so far as they are related to the investment services provided; – investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments; – services under art. 5, para 2 and para 3, item 1-6 in relation to the underlying asset of derivative financial instruments under Article 3, item 2, letters “d”, “e”, ” and “and” of the ZPFI, insofar as they are related to the provision of services under Art. 5, para 3, items 1 – 6 and under Article 5, paragraph 2 of ZPFI.
