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Velchev & Co Helps Iris Solutions Obtain License from Bulgarian National Bank

Velchev & Co Helps Iris Solutions Obtain License from Bulgarian National Bank

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Velchev & Co has helped Iris Solutions OOD obtain a payment institution license from the Bulgarian National Bank.

According to Velchev & Co “this is the first payment institution license issued under the new Payment Services and Payment Systems Act of 2018.”

The Velchev & Co team included Managing Partner Pavel Velchev, Partner Parvan Rusinov, and Associate Deyan Rangelov. 

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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