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State Gazette, issue 69 /August 4th, 2020
Increased requirements for the issuance of licenses and supervision of operators are included in the Gambling Act. Licenses for gambling and activities will now be issued by the executive director of the National Revenue Agency, and not by the State Gambling Commission. A license for organizing gambling in a gambling casino may be issued to a limited liability company or to a joint stock company with registered shares, with fully paid-up capital of a minimum value of BGN 1,500,000 or the BGN equivalent in another currency, and for gambling, organized online, with fully paid-up capital of a minimum value of BGN 1,500,000 or the BGN equivalent in another currency, as well as of the state. A license for games with slot machines can be issued only to a limited liability company or to a joint stock company with fully paid-up capital of a minimum value of BGN 500,000 or the BGN equivalent in another currency. No capital is proved for the organization of the game by the organizers of gambling games, which once proved them when obtaining a license for raffle, instant lottery, keno, for online gambling, for games with bets on the results of sports competitions and horse races and dogs, for games with bets on random events and betting related to knowledge of facts, for gambling with slot machines and for gambling in a gambling casino when a new license for the same type of game is required.
The minimum thresholds for investments are also significantly increased. The documents proving the implementation of the investments shall be submitted to the National Revenue Agency within 6 months after the issuance of an initial license for activity under this law. The Executive Director of the National Revenue Agency or a Deputy Executive Director authorized by him shall confirm the completion of the investments and issue a certificate to that effect. No investment and funds for organizing the game are proved by the organizers of gambling games, who once proved them when obtaining a license for raffle, instant lottery, keno, for online gambling, for games with bets on the results of sports competitions and races with horses and dogs, for games with bets on random events and fact-finding bets, for gambling with slot machines and for gambling in a gambling casino when a new license for the same type of game is required. The funds for organizing the game must be available in cash and / or in the bank account of the gambling organizer and / or secured by an unconditional and irrevocable bank guarantee for the entire term of the issued license. The bank guarantee may be issued by a bank licensed in the Republic of Bulgaria, or in a bank licensed in another Member State of the European Union, in another state party to the Agreement on the European Economic Area, or in the Swiss Confederation operating in the territory. of the Republic of Bulgaria according to the Credit Institutions Act.
In order to prevent the occurrence of gambling addiction and to solve the problems related to gambling addiction, the organizers of gambling games are obliged to: place in a visible place in all gambling halls, gambling casinos, points for accepting bets and paying out winnings, websites and certificates signs for participation in lottery games, games with bets on results from sports competitions and races with horses and dogs, games with bets on random events and with bets related to knowledge of facts; to put a message about the danger of gambling addiction; to provide information on the possibilities for counseling and therapy of gambling addiction; to notify players of the possibility to request entry in the register of persons with gambling problems. In order to reduce or avoid potential negative economic, social and personal consequences for vulnerable persons and their relatives, protection measures are applied, which aim to prohibit or prevent the participation in gambling. Vulnerable persons are: minors and juveniles; persons placed under full or limited incapacity; anyone who thinks they have a gambling problem; persons whose social status and / or income level may make them more susceptible to gambling and the development of gambling addiction. These persons may request not to be admitted to gambling by entering them in the register of persons with gambling problems maintained by the National Revenue Agency. The organizers of gambling games are obliged not to allow the persons entered in the register to participate in the games organized by them.
The state may organize a traditional lottery, numerical lottery games, instant lottery, betting on the results of sports competitions and horse and dog races and games organized online in a gambling casino through the State Enterprise “Bulgarian Sports Lottery” to the Minister of Youth and Sports, in which the state owns in full. The games may be organized by the state-owned enterprise with its employees, in its own or rented points or by using self-service devices, which are designated and marked as points for the respective gambling games. The state enterprise shall carry out the activity of organizing the gambling games under conditions and by order, determined in the regulations for the structure and activity of the enterprise in observance of the requirements of this law. (4) The Council of Ministers, upon proposal of the Minister of Youth and Sports, shall adopt regulations for the structure and activity of the State Enterprise “Bulgarian Sports Lottery”. The management bodies of the State Enterprise “Bulgarian Sports Lottery” are appointed and dismissed by the Minister of Youth and Sports, in coordination with the Minister of Finance. Proceeds from gambling, with the exception of betting on the results of sports competitions and horse and dog races and online games in a gambling casino, organized by the State Enterprise “Bulgarian Sports Lottery”, are distributed for: payment of winnings to participants in gambling - not less than 50 percent of the revenues; payment of fees and respectively corporate tax for games organized online; maintenance, investments and development of the State Enterprise “Bulgarian Sports Lottery” - up to 20 percent of revenues; physical education and sports, as well as for culture - the rest of the proceeds from gambling. Proceeds from betting on the results of sports competitions and races with horses and dogs and online games in a gambling casino, organized by the State Enterprise “Bulgarian Sports Lottery”, are distributed for physical education and sports, as well as culture, according to a scheme after deduction for payment of profits to the participants in the gambling games, the due taxes and the state fees, as well as the funds for maintenance, investments and development of the State Enterprise “Bulgarian Sports Lottery”.

State Gazette, issue 70 /August 7th, 2020
Special provisions for the functioning of local government in emergency situations are incorporated in the Law on Local Self-Government and Local Administration. In case of declared state of emergency, state of emergency, emergency epidemic situation or crisis situation affecting the territory of the municipality or part of it, and when the introduced measures and the imposed restrictions related to them do not allow or hinder the holding of attendance meetings, the municipal council or its commissions may hold remote meetings in compliance with the conditions for quorum and personal voting, providing direct and virtual participation by videoconference through technical means of communication for simultaneous transmission and reception of image and sound between municipal councilors located in different places, which meet the requirements for network and information security and guarantee the participation, identification and voting method of each municipal councilor. A video recording shall be prepared for the meetings on electronic media, which shall be attached to the minutes of the meeting. In cases where there is no technical possibility to hold a remote meeting by videoconference, the municipal council or its commissions may hold remote meetings and make decisions by absentee voting in another way that ensures compliance with the conditions for quorum and personal voting and ensures participation. , the identification and the manner of voting of each municipal councilor. The chairman of the municipal council convenes the meetings and determines the manner of their holding, ensuring publicity and live broadcasting on the website of the municipality of the meetings, unless the municipal council decides to close a separate meeting. These circumstances are reflected in the minutes of the meeting. The conditions and the order for convening and holding the meetings, for sending the materials and the draft decisions of the municipal councilors, the procedure for adopting and certifying the quorum and the manner of adopting the decisions in the meetings held by videoconference or absentee voting shall be determined by the municipal council in the regulations under art. 21, para. 3.
In connection with the hypotheses of conflict of interest, an explicit provision has been introduced that when a municipal councilor has a private interest, he is obliged to take action to prevent conflict of interest under Chapter Eight, Section III of the Anti-Corruption Act and to confiscate illegal the acquired property. Exceptions are provided - for the municipal councilor, including the chairman of the municipal council, there is no conflict of interest in participating in the preparation, discussion and adoption of the municipal budget and the remuneration of mayors, the chairman of the municipal council and municipal councilors.

State Gazette, issue 72 /August 14th, 2020
The Ministry of Finance approved by Ordinance № Н-9 of 7 August 2020 on the terms and conditions for entry in the register of persons who by occupation provide services for exchange between virtual currencies and recognized currencies without gold coating, and portfolio providers, who offer custody services. The ordinance shall determine the conditions and the procedure for entry in the public register under Art. 9a, para. 1 of the Law on Measures against Money Laundering to the persons who by occupation provide services for exchange between virtual currencies and recognized currencies without gold coating, and to the providers of portfolios that offer custody services. The entry in the public register of persons is made by the National Revenue Agency before the start of the activity. For the entry in the register, natural persons, including sole traders, legal entities or other legal entities shall submit electronically an application signed with a qualified electronic signature, in a form according to Annex № 1, which defines a wide range of information about the trader, website or software, incl. . a mobile application for the exchange between virtual currencies and recognized gold-free currencies and / or services for the protection of private cryptographic keys on behalf of its customers for the possession, storage and transfer of virtual currencies; a description of the activity which the applicant intends to carry out; countries in whose territory the applicant intends to offer his services; information and particulars as to whether the applicant is a cross-border company or part of a cross-border undertaking within the meaning of the Final Guidelines on cooperation and exchange of information for the purposes of Directive (EU) 2015/849 between competent authorities supervising European credit and financial institutions supervisory authority (European Securities and Markets Authority). In case of change of the data or the circumstances the natural persons, incl. sole proprietors, legal entities or other legal entities are obliged to notify the National Revenue Agency within 14 days of the change.
The entry in the register shall be deleted at the request of the entered person, when: a decision has been made to terminate the activity of the person providing professional services for exchange between virtual currencies and recognized currencies without gold coating, and as a portfolio provider offering custodial services. ; a decision has been made to terminate the legal entity or other legal entity; the person is placed under guardianship. Within 7 days from the occurrence of any of the circumstances, the registered person, respectively his / her legal representative shall notify the National Revenue Agency. The entry in the register may also be deleted by the order of art. 125 of the Law on Measures against Money Laundering, when a sanction has been imposed on the person under this law, and / or under Art. 15, para. 2 and 3 of the Law on Measures against Terrorist Financing. The entry in the register shall be deleted ex officio: if it is established that the registration and the amendments in it have been made on the basis of incomplete, contradictory or incorrect information; the person has been deleted from the commercial register and the register of non-profit legal entities, and the BULSTAT register; in case of death of the person. Upon deletion from the register, the issued entry certificate shall be invalidated.