The purpose of these rules is to outline the obligations and procedures related to the responsibilities of the Bulgarian Development Bank JSC (the Bank, BDB) in the implementation of financial instruments entrusted to BDB JSC under indirect management by the European Commission within the meaning of Article 62 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council.

The rules regulate:

• Preparation and organization of procedures for the selection of financial intermediaries;

• Conducting the procedure for the selection of financial intermediaries;

• Conclusion of the operational agreement;

• Appeal of the procedure for the selection of financial intermediaries;

• Procedures for control and monitoring of the implementation of financial instruments;

• Procedures for compiling and storing documents (files) related to the process of selecting financial intermediaries;

• Creation and maintenance of statements ensuring publicity of both the process of selecting financial intermediaries and the process of implementing financial instruments.

Available in Bulgarian only.