Corporate and Financial Law Handbook
Corporate and Financial Law Handbook
Author(s): Dilyan Nachev, Hristina Tancheva, Irina Bogdanova, Savina Mihaylova-Goleminova, Marina Stefanova, Ivan Ruschev, Georgi Spasov, Simona Veleva, Nevin Feti, Orlin Kolev, Desislava Kalcheva, Reni Pancheva, Mario Milov, Magdalena Vlahova-Veleva, Iva Petkova, Julia Jarova, Nikoleta Kuzmanova, Kiril Kamenov, Dimitar Elkov
Contributor(s): Savina Mihailova-Goleminova (Editor), Savina Mihailova-Goleminova (Composer)
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Commercial Law
Published by: Сиела Норма АД
Keywords: Corporate governance; Corporate Law; Financial Law; Civil Law
Summary/Abstract: The book is intended for the English language programmes of the Faculty of Economics and Business Administration (FEBA), Sofia University “St. Kliment Ohridski”, including the professional school for computer programming and innovations in the city of Burgas. The subject matter of the Corporate and Financial Law Handbook is complex and multifaceted, proving that there is a need for joint studies, involving both lawyers and economists. The present Handbook is a good example of such a collaboration. The authors of the different chapters of the Handbook are experienced professionals in their field. In their analysis of the various topics, they demonstrate that Bulgaria has its own traditions in the different fields of legal and economic doctrine but upholds EU values and their legal foundations along its path toward European integration. The subject matter of the Handbook is interdisciplinary, complex and varied. Hence, an interdisciplinary method is used, with view of the specifics and diversity of the reviewed topics thanks to the editor Assoc. Prof. Savina Mihaylova-Goleminova. This is a book for lawyers and non-lawyers written by lawyers and economists. Internet content has been used freely, with proper identification of sources.
- Print-ISBN-13: 978-954-28-4849-3
- Page Count: 920
- Publication Year: 2024
- Language: English
An Introduction to Legal Theory (Fundamental Legal Notions and Concepts)
An Introduction to Legal Theory (Fundamental Legal Notions and Concepts)
(An Introduction to Legal Theory (Fundamental Legal Notions and Concepts))
- Author(s):Dilyan Nachev
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:1-9
- No. of Pages:9
- Keywords:Law; legal concepts; legal theory; jurisprudence
- Summary/Abstract:This Chapter’s main purpose is to outline and present the basic features of some of the most fundamental legal concepts. It starts by offering a definition of Law and distinguishing it from other similar social phenomena and then attempts to draw up a simple mind map of various legal notions and their theoretical and practical manifestations.
- Price: 4.50 €
Brief Overview of the Contract – Formation, Content and Types
Brief Overview of the Contract – Formation, Content and Types
(Brief Overview of the Contract – Formation, Content and Types)
- Author(s):Hristina Tancheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:10-33
- No. of Pages:24
- Keywords:freedom of contract; privity of contract; good faith; offer; acceptance; general terms; essential content; conclusion
- Summary/Abstract:The contract is the most important source of rights and obligations in the field of civil law. It is a legally binding agreement that may be enforced by law in case of breach. The parties are free to negotiate and conclude a contract that meets their interest as the process of conclusion includes an offer and acceptance. The parties must negotiate in good faith as they are not obliged to accept the offer but once the agreement is concluded it is binding for them and cannot be amended or terminated unilaterally unless the law or the contract provides otherwise. Most of the contracts are informal and can be concluded orally without written document or notary certification. However, in certain cases the law provides for a specific form of the agreement and if it is not met the contract is invalid. We also have real contracts where in addition to the agreement, delivery of an item is required.
- Price: 4.50 €
The Contract Lifecycle – Performance and Remedies for Breach
The Contract Lifecycle – Performance and Remedies for Breach
(The Contract Lifecycle – Performance and Remedies for Breach)
- Author(s):Hristina Tancheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:34-59
- No. of Pages:26
- Keywords:performance; maturity date; breach of contract; remedies; damages; liquidated damages; interest
- Summary/Abstract:Following conclusion of an agreement the parties must execute their obligations accurately and in good faith according to the provisions of the contract and the legal rules concerning the time of performance, place of performance, etc. In case of breach, the creditor has various remedies at his or her disposal – to claim performance plus damages for the delay, to claim compensation for non-performance, to terminate the contract (rescission), to withhold his or her own performance until he receives counter-performance in a bilateral contract and so on. When the debtor is in default, the creditor may claim pecuniary and non-pecuniary damages if suffered, or liquidated damages if stipulated in the contract. In the case of delayed monetary obligations, legal interest will accrue. The creditor is also obliged to act in good faith and cooperate in the execution of the obligation, if not mora creditoris occurs.
- Price: 4.50 €
Void and Voidable Contracts under Bulgarian Civil and Commercial Law: a Brief Note
Void and Voidable Contracts under Bulgarian Civil and Commercial Law: a Brief Note
(Void and Voidable Contracts under Bulgarian Civil and Commercial Law: a Brief Note)
- Author(s):Irina Bogdanova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:60-109
- No. of Pages:50
- Keywords:void contracts; voidable contracts; vitiating factors
- Summary/Abstract:This chapter deals with various grounds on which a contract or other juridical act may be void or voidable and provides a brief overview of the general rules of invalidity of contracts in Bulgarian law. Special attention is paid to the vices of consent and some of their legal effects, as well as to the few ‘means’ provided in the law, allowing to ‘save’ a void or voidable contract from the consequences of invalidity, primarily by conversion, performance, ratification and partial invalidity. Beyond the scope of this chapter are some other effects of invalidity of contracts such as the possibility of obtaining damages whether or not the contract is voided, of converting an invalid act into a valid one or of ratifying voidable contracts, which are briefly mentioned at the end of this exhibition. Problems concerning restitution because of the invalidity of juridical acts are also beyond the boundaries of the present report and are outlined only in general terms.
- Price: 4.50 €
The Fundamentals of Secured Obligations
The Fundamentals of Secured Obligations
(The Fundamentals of Secured Obligations)
- Author(s):Hristina Tancheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:110-132
- No. of Pages:23
- Keywords:surety; joint and several liability; bank guarantee; pledge; mortgage; registration; movables; immovables
- Summary/Abstract:Securities serve to guarantee the performance of monetary or non-monetary obligations (contractual or extra-contractual). Depending on the way the interests of the creditor are guaranteed, securities can be personal – another person is liable to the creditor together with the debtor (surety, joint and several liability, bank guarantee), and real – the obligation is guaranteed with a particular movable (pledge) or immovable (mortgage) asset. Pledged property will be delivered to the creditor by general rule, although there are also registered pledges that are established without providing possession of the pledged property, but through the conclusion of a formal contract and its registration in the Central Pledge Register or into another register provided by law. A mortgage is established upon contract conclusion in the form of a notary deed and its entry in the Property register.
- Price: 4.50 €
Functional Approach to Time Limits in Civil and Commercial Law. Extinctive Prescription: Surveying the Landscape
Functional Approach to Time Limits in Civil and Commercial Law. Extinctive Prescription: Surveying the Landscape
(Functional Approach to Time Limits in Civil and Commercial Law. Extinctive Prescription: Surveying the Landscape)
- Author(s):Irina Bogdanova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:133-169
- No. of Pages:37
- Keywords:time limits in civil law; extinctive prescription; acquisitive prescription
- Summary/Abstract:This paper aims to explain the concept of ‘time limit’ or ‘term’ in civil law traditions with a focus on the limitation of actions, also known as ‘extinctive prescription’ in civil law jurisdictions such as Bulgaria. The initial section of the chapter delves into the various meanings of the word ‘term’, which include an additional clause to the juridical act that forms the ‘accidentalia negotii’ of the contract, an expression or determination of time, and a period for the extinction of a right or its acquisition. The chapter then briefly compares the acquisition of title to property due to the lapse of time (known as ‘acquisitive prescription’) to the loss of a right resulting from the passage of time (known as ‘extinctive prescription’). The second portion of the paper is exclusively focused on extinctive prescription, starting with its historical origins and legal effects, including the underlying policy considerations for its existence, as well as a comparative perspective and its specific application under Bulgarian civil law. At the end of the exhibition, special attention is paid to the length of different delays, general rules on the commencement of prescription, and the ‘interruption’ and ‘suspension’ of extinctive prescription and their effect.
- Price: 4.50 €
General remarks on Agency in Civil and Commercial Law
General remarks on Agency in Civil and Commercial Law
(General remarks on Agency in Civil and Commercial Law)
- Author(s):Irina Bogdanova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:170-191
- No. of Pages:22
- Keywords:agency; voluntary representation; letter of attorney; self-contracting; misrepresentation; ratification
- Summary/Abstract:This chapter aims to present the main features of agency as a legal mechanism and the ‘authority’ of one person – the representative – to affect the principal’s legal position. After a brief historical review, the term of ‘agency’ is defined as the ability of one person to perform legal acts on behalf of another person with a direct effect on the represented person, i.e., the principal. The topic of representative authority and the different types of agency is addressed, with a particular focus on voluntary representation and the legal effects of the power of attorney. Additionally, the issues that arise from self-contracting, acting to the detriment of the principal, and delegation of authority are also discussed.
- Price: 4.50 €
Some Issues of Contemporary Company Law in Bulgaria
Some Issues of Contemporary Company Law in Bulgaria
(Some Issues of Contemporary Company Law in Bulgaria)
- Author(s):Savina Mihaylova-Goleminova
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:192-220
- No. of Pages:29
- Keywords:Company Law; public enterprises; investment legislation
- Summary/Abstract:This chapter presents in a nutshell some issues related to contemporary company law and corporate governance in Bulgaria, different types of companies according to current Bulgarian legislation, including the establishment and the closure of companies, their status and corporate functioning, bankruptcy, liquidation, investment legislation, and other issues.
- Price: 4.50 €
Corporate Governance and ESG Standards
Corporate Governance and ESG Standards
(Corporate Governance and ESG Standards)
- Author(s):Marina Stefanova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:221-246
- No. of Pages:26
- Keywords:corporate responsibility and sustainability; CSR; responsible business conduct; Integrated reporting; ESRS
- Summary/Abstract:This chapter presents an overview of some issues related to corporate responsibility and sustainability, and more specifically, to the recent European developments regarding strategic management and reporting. The aim is to help corporate governors, members of C-Suites, and investor relations directors and stewards to understand the content of the concept for ‘corporate social responsibility (CSR) practices’ and their usefulness. The principles of modern corporate governance will be examined and how they correlate with the operations, value creation and reporting of individual corporate governance bodies. Finally, the theory of corporate sustainability will be illustrated by the newest ESG standards, KPIs, reporting requirements and standardized measurements.
- Price: 4.50 €
Commercial Transactions. Legal Framework, Concept, Types. Abuse of Rights
Commercial Transactions. Legal Framework, Concept, Types. Abuse of Rights
(Commercial Transactions. Legal Framework, Concept, Types. Abuse of Rights)
- Author(s):Ivan Ruschev
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:247-266
- No. of Pages:20
- Keywords:commercial transactions; legal sources; types of commercial transactions; abuse of rights
- Summary/Abstract:This chapter presents the legal framework of commercial transactions. The issue of legal sources (laws, commercial customs, international treaties, decisions of the Constitutional Court and those of the Supreme Court of Cassation) is discussed. Attention is drawn to the concept of commercial transaction, the types of commercial transactions and the correlation between civil and commercial transactions. The issues of the regulation and the nature of abuse of rights as well as the legal consequences of such abuse are also examined.
- Price: 4.50 €
Conclusion of Commercial Transactions
Conclusion of Commercial Transactions
(Conclusion of Commercial Transactions)
- Author(s):Ivan Ruschev
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:267-283
- No. of Pages:17
- Keywords:commercial transactions; conclusion of commercial transactions; offer; acceptance; hardship
- Summary/Abstract:This chapter discusses the general conditions of commercial transactions and the parties thereto. It also reviews the ratio between the two legal arrangements given in the law of obligations, as part of general civil law and as part of commercial law, relating to each other as ‘general’ to ‘special regulation’. The issue of the concept of commercial transaction, factual composition of the conclusion of the transaction, the binding force of the offer, and the form of the commercial transaction are presented. Additional acts of the parties or of third parties in connection with the conclusion of a commercial transaction, hardship and cases of transaction confirmation are also examined in this part of the Handbook.
- Price: 4.50 €
Bird View on Bulgarian Property Law
Bird View on Bulgarian Property Law
(Bird View on Bulgarian Property Law)
- Author(s):Georgi Spasov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:284-302
- No. of Pages:19
- Keywords:property law; state and municipal property
- Summary/Abstract:This chapter presents in a nutshell some issues related to property law, the basic legal framework, including core concepts such as title, possession, usage, easement. Limited rights in real estate, co-ownership and joint ownership of common sites, public and private property are also reviewed. State and municipal property are highlighted, including exclusive public property. A brief introduction is made into issues such as zoning regulations and restrictive requirements, as well as transactions in real estate – objects forms, perfection, etc.
- Price: 4.50 €
Bulgarian Competition Law in a Nutshell
Bulgarian Competition Law in a Nutshell
(Bulgarian Competition Law in a Nutshell)
- Author(s):Georgi Spasov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:303-335
- No. of Pages:33
- Keywords:competition law; prohibited agreements; unfair competition
- Summary/Abstract:This chapter presents some basic issues related to the Competition Law at both European and national level, including legal framework, institutional framework of European and national authorities, prohibited agreements, acting in concert, leniency, monopoly and dominance, abuse of market standing, mergers and merger permits, mandatory filing, unfair competition and related breaches are reviewed. Some other matters are also presented such as agricultural and food products chain breaches, competition advocacy, sectoral analyses, challenging decisions of the national regulator and of the European Commission, etc.
- Price: 4.50 €
Introduction to Intellectual Property (IP) Law
Introduction to Intellectual Property (IP) Law
(Introduction to Intellectual Property (IP) Law)
- Author(s):Simona Veleva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:336-361
- No. of Pages:26
- Keywords:intellectual property; copyright and neighbouring rights; trademarks; geographical indications; patents; utility models; trade secrets
- Summary/Abstract:The chapter presents key aspects of the intellectual property legal framework. It explores the main types of intellectual property, including copyright and neighbouring rights, patents, trademarks, geographical indications, trade secrets, and utility models. The chapter also includes the main legal aspects of AI regulation in the light of copyright protected works. While intellectual property law safeguards artists’ rights, it also faces the difficult task of maintaining public access to knowledge while promoting innovation. This chapter examines the current discussion about this balance.
- Price: 4.50 €
Data Protection Legislation in the European Union and Bulgaria
Data Protection Legislation in the European Union and Bulgaria
(Data Protection Legislation in the European Union and Bulgaria)
- Author(s):Nevin Feti
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:362-387
- No. of Pages:26
- Keywords:personal data; processing; general data protection regulation (GDPR); controller; processor
- Summary/Abstract:Article 8 of the Charter of Fundamental Rights of the European Union guarantees the right to protection of personal data for every individual whatever their nationality or place of residence. The concept of this right requires that personal data be ‘processed fairly for specified purposes and on the basis of the consent of the person concerned or some other legitimate basis laid down by law’. The right to protection of personal data also ensures that everyone has the right of access to data that has been collected concerning him or her, and the right to have it rectified.
- Price: 4.50 €
Constitutional Principles of Economics and Finance
Constitutional Principles of Economics and Finance
(Constitutional Principles of Economics and Finance)
- Author(s):Orlin Kolev
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:388-421
- No. of Pages:34
- Keywords:economic constitution; political constitution; welfare state; principle of free enterprise; rule of law; sovereignty; economic relations
- Summary/Abstract:The chapter examines the constitutional foundations of economic and financial relations. It looks mainly at the principles shaping the economic environment, such as free enterprise and the incentive role of the State for cooperation and economic progress. A distinction is made between principles specific to economic relations and other constitutionally established principles. A link is made between them and the impact of principles in the non-economic sphere on economic processes is considered. The influence of institutes atypical of economic processes is highlighted and their impact on the economic environment is revealed. Principles peripheral to economic relations, such as social justice, social security, equality of citizens before the law, and non-undue restriction of citizens’ rights, are examined and their role in economic relations is highlighted. The constitutional foundations of financial and economic relations are addressed through the operation of the universal principle of the rule of law.
- Price: 4.50 €
Constitutional Foundations of Corporate and Financial Law
Constitutional Foundations of Corporate and Financial Law
(Constitutional Foundations of Corporate and Financial Law)
- Author(s):Orlin Kolev
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:422-450
- No. of Pages:29
- Keywords:economic system; social system; political system; economic principles; direct democracy and impact on economic system; education and impact on economic system; taxes; property; financial control
- Summary/Abstract:This chapter examines the constitutional foundations of corporate and financial law. It examines the basic principles that determine the functioning of the economic system. It also considers the relationship of the various constitutionally established systems and their interaction with the corporate and financial systems. The main systems that indirectly influence the economic environment are identified, and the impact of social and political systems on the corporate and financial environment is considered. The chapter examines the institutions of direct democracy as a possible mechanism for influencing economic processes. It also examines education as one of the main systems that could have a long-term impact on economic activity and economic processes, determined mainly by corporate and financial law. The key institutes having an immediate impact on the corporate and financial system are reviewed, with attention to the economic elements of public law such as tax setting and financial control in general, and ownership as the main mechanism driving economic activity.
- Price: 4.50 €
Fundamentals of Contemporary Financial Law
Fundamentals of Contemporary Financial Law
(Fundamentals of Contemporary Financial Law)
- Author(s):Savina Mihaylova-Goleminova
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:451-481
- No. of Pages:31
- Keywords:Financial Law; financial administration; financial legal relations; financial system
- Summary/Abstract:This chapter presents the fundamentals of contemporary Financial Law. The financial doctrine examines the new challenges facing the Republic of Bulgaria as a member of the European Union (EU), firmly rooted in constitutional, financial and administrative traditions, including case-law in the field of administrative justice. The present study focuses on the challenges facing Bulgaria as member state in the field of Financial Law. Issues related to the subject and method of legal regulation, financial system, legal sources of financial law and financial administration will be reviewed below.
- Price: 4.50 €
Basic Concepts of Budget Law and Budget Process in Bulgaria
Basic Concepts of Budget Law and Budget Process in Bulgaria
(Basic Concepts of Budget Law and Budget Process in Bulgaria)
- Author(s):Desislava Kalcheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:482-509
- No. of Pages:28
- Keywords:state budget; budget legislation; budget process; Bulgaria; Fiscal Council
- Summary/Abstract:This chapter presents the legislation and basic concepts related to the budgetary process in Bulgaria. The main stages associated with the approval of the state budget in Bulgaria are analysed. The budget process is a phased process where the different stages are: drawing up of the draft budget, adoption, implementation, and approval of the report on implementation of the State Budget. The main elements related to each of the stages of the budget process are presented. The timeframe of the process is summarised. The chapter also provides a characterization of all parties involved in the process. The essence of the budgeting programme is also presented. The role and significance of the Fiscal Council of Bulgaria are highlighted, along with the commitments that the Council has in relation to the budgetary process.
- Price: 4.50 €
Foundations of Budget Law and Budget Process in the European Union
Foundations of Budget Law and Budget Process in the European Union
(Foundations of Budget Law and Budget Process in the European Union)
- Author(s):Desislava Kalcheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:510-553
- No. of Pages:44
- Keywords:budget law; budget process; European Union; NextGeneration EU; Multiannual Financial Framework 2021–2027
- Summary/Abstract:The legislation of the European Union (EU) is a complex system that encompasses a wide range of legal acts and regulations. The EU legislative process involves several institutions, and the laws adopted at EU level are binding on all member states. The purpose of this chapter is to present an analysis of the legislative framework of the budgetary process at European Union level. Issues related to key principles of the EU, the Multiannual financial framework and the Annual budget of the EU as well as the 2021–2027 long-term EU budget and the next generation instruments for EU recovery are also analysed.
- Price: 4.50 €
Legal Foundations of Sustainable Finance
Legal Foundations of Sustainable Finance
(Legal Foundations of Sustainable Finance)
- Author(s):Reni Pantcheva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:554-580
- No. of Pages:27
- Keywords:sustainable finance; financial transition; regulatory framework; taxonomy; ESG
- Summary/Abstract:This chapter introduces the concept of sustainable finance and its underlying principles adopted by financial institutions and investors. The exploration encompasses international and European Union initiatives aiming to establish a standardised framework for sustainable finance. Strategic regulations, such the Taxonomy for sustainable activities applied in the European Union and its member states, are reviewed as well. Learning to navigate through core tenets, regulations and sustainable finance instruments provides a comprehensive understanding of the risks and opportunities associated with fostering sustainability within the financial sector.
- Price: 4.50 €
Trends in the Field of Financial Control and Audit in the Public Sector
Trends in the Field of Financial Control and Audit in the Public Sector
(Trends in the Field of Financial Control and Audit in the Public Sector)
- Author(s):Savina Mihaylova-Goleminova
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:581-618
- No. of Pages:38
- Keywords:financial control; audit in the public sector; public finance
- Summary/Abstract:This chapter presents the key aspects of financial control and audit in the public sector. ‘Financial Control’, ‘Supervision’ and ‘Audit’ are presented within the fourth component of the subject of legal regulation of Financial Law, stemming from their nature and legal regulation in positive law.
- Price: 4.50 €
Protection of the Financial Interests of the European Union. The Bulgarian Case
Protection of the Financial Interests of the European Union. The Bulgarian Case
(Protection of the Financial Interests of the European Union. The Bulgarian Case)
- Author(s):Savina Mihaylova-Goleminova
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:619-659
- No. of Pages:41
- Keywords:EU budget; national budget; irregularities; fraud; EU funds; rule of law
- Summary/Abstract:This chapter presents the key aspects of protection of the financial interests of the European Union, including the relevant legal and institutional framework, theory and practice of irregularities and financial corrections, issues related to implementation of the Recovery and Resilience Facility, rule of law and the management of EU Funds
- Price: 4.50 €
Public Procurement – European and National Legal and Institutional Framework: Basic Concepts
Public Procurement – European and National Legal and Institutional Framework: Basic Concepts
(Public Procurement – European and National Legal and Institutional Framework: Basic Concepts)
- Author(s):Mario Milov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:660-706
- No. of Pages:47
- Keywords:Public Procurement Act; European Union (EU); Rules on Implementation of the Public Procurement Act; objects of public procurement; procedure; Public Procurement Agency; Centralised Automated Electroni
- Summary/Abstract:This chapter presents information on the overall process of public procurement (forecasting, planning, preparation, procurement and appeals), not claiming to be exhaustive and comprehensive, but aiming to present the norms in action and provide an idea of how the abstract rules for procurement manifest in practice, what challenges and what paths are considered to be in line with the law by contracting authorities, who are called upon to protect legal order in the spending of public funds. It must be noted that skills, and not so much knowledge itself, can make the difference in overcoming the challenges that may be faced by those professionally involved in procurement matters. This in turn can result in increased personal expertise and, more broadly, to meeting the objective of lawful but efficient use of public resources.
- Price: 4.50 €
Bulgaria’s Accession to the Eurozone
Bulgaria’s Accession to the Eurozone
(Bulgaria’s Accession to the Eurozone)
- Author(s):Magdalena Vlahova-Veleva
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:707-730
- No. of Pages:24
- Keywords:EU member state; eurozone; single currency; euro adoption; convergence criteria; National Euro Changeover Plan; Euro Adoption Act
- Summary/Abstract:This chapter presents the key aspects of the Bulgarian path towards the eurozone. Article 140 of the c (TFEU), one of the two treaties establishing the constitutional basis of the European Union, sets out the convergence criteria to be met prior to euro adoption. The latter include the criterion for price stability, the criterion on a sustainable government financial position, criterion on exchange rate levels and criterion on long-term interest-rate levels. Moreover, the compatibility of national legislation with EU law, including the statutes of national central banks, also needs to be examined. The fulfilment of these conditions is assessed every two years or at a request of a member state, as the EC and the ECB issue convergence reports. The process of transition to the third stage of the economic and monetary union includes joining Exchange Rate Mechanism II, the attainment of the respective post-commitments, the establishment of a Coordination Council for preparation of Bulgaria for eurozone membership, the elaboration of a National Euro Changeover Plan, the drafting and adoption of an Act to regulate the adoption of the euro in the Republic of Bulgaria and other important activities related to the process of preparation for eurozone membership.
- Price: 4.50 €
Strategic Documents in the Field of Circular Economy. Funding Opportunities
Strategic Documents in the Field of Circular Economy. Funding Opportunities
(Strategic Documents in the Field of Circular Economy. Funding Opportunities)
- Author(s):Mario Milov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:731-759
- No. of Pages:29
- Keywords:circular economy; strategic documents; European strategic documents; national strategic documents; finance and investments; European Structural and Investment Funds; sources of financing for green inv
- Summary/Abstract:The circular economy is a sustainable alternative that aims at economic growth and environmental protection at the same time. Its model attempts to extend the life cycle of products. In practice, this means sharing, borrowing, reusing, repairing and recycling existing materials and products for as long as possible. When a product reaches the end of its life, the materials that make it up continue to have other uses. This can be repeated over and over again, thus minimising waste disposal. The increasing consumption of resources and the environmental consequences it causes require a change in the economic model. The concept of a circular economy is part of this change. Its notion is built in opposition to the traditional linear model, where raw materials are used to make things and products which are then consumed and the leftovers thrown away. This model relies on large quantities of cheap and available materials and energy sources.
- Price: 4.50 €
Shared Management of EU-backed Financial Instruments in Cohesion Policy. Combination of Support: Grants and Financial Instruments – a Step Backward or a Watershed Moment for Cohesion Policy Financial Instruments?
Shared Management of EU-backed Financial Instruments in Cohesion Policy. Combination of Support: Grants and Financial Instruments – a Step Backward or a Watershed Moment for Cohesion Policy Financial Instruments?
(Shared Management of EU-backed Financial Instruments in Cohesion Policy. Combination of Support: Grants and Financial Instruments – a Step Backward or a Watershed Moment for Cohesion Policy Financial Instruments?)
- Author(s):Iva Petkova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:760-778
- No. of Pages:19
- Keywords:Cohesion Policy; financial instruments; shared management; combination of support; grants
- Summary/Abstract:This chapter examines the growing role of the Cohesion policy of the European Union and its evolvement from a redistribution mechanism in the 1980’s to the main investment policy of the Union 20 years later. Special attention is paid to its ability to cope with multiple crises and to the dynamics in its delivery mechanisms in a shared management context – the change in the rationale from alternative use between grants and financial instruments (FI) to their combination. The main focus of the chapter is the proposed combination of financial instruments (FI) with grants, allowed under Article 58(5) of the Common Provisions Regulation 2021/1060, and its potential implications for the 2021–27 programming period. Is this a step backward or a breakthrough moment for the deployment of FI under the Cohesion policy, having in mind its new digital and green dimensions?
- Price: 4.50 €
Green Claims and Greenwashing by Financial and Non-Financial Undertakings. Sustainable Constructions
Green Claims and Greenwashing by Financial and Non-Financial Undertakings. Sustainable Constructions
(Green Claims and Greenwashing by Financial and Non-Financial Undertakings. Sustainable Constructions)
- Author(s):Julia Jarova
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:779-807
- No. of Pages:29
- Keywords:green claims; sustainability-related claims; sustainability-related disclosures; greenwashing; ESG; financial greenwashing; Taxonomy-eligible; Taxonomy compliant; green construction
- Summary/Abstract:This chapter examines the legal phenomenon of ‘green claims’, ‘sustainability-related claims’ and greenwashing as phenomena emerging in the transition to a sustainable economy. The analysis identifies the key role of sustainable finance in the green transition in the context of greenwashing risks. The chapter also reviews the Taxonomy-eligibility assessment. It examines the legal framework regulating green claims, ‘sustainability‐related claims’, ‘sustainability-related disclosures’ and greenwashing, as well as legislative initiatives. It also provides a high-level review of the criteria for sustainable financing in the real estate sector.
- Price: 4.50 €
Criminal Law – Basic Concepts and Institutes. Individual Types of Crimes. Criminal proceedings
Criminal Law – Basic Concepts and Institutes. Individual Types of Crimes. Criminal proceedings
(Criminal Law – Basic Concepts and Institutes. Individual Types of Crimes. Criminal proceedings)
- Author(s):Nikoleta Kuzmanova, Kiril Kamenov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Criminal Law, Civil Law, Commercial Law
- Page Range:808-828
- No. of Pages:21
- Keywords:criminal law; types of crimes; criminal proceedings
- Summary/Abstract:This chapter presents in a nutshell some issues of criminal law. The basic concepts, institutes, individual types of crimes and criminal proceedings are presented based on the legislation in force. Criminal law is presented as a branch of the Bulgarian legal system.
- Price: 4.50 €
Protection of the EU and the National Financial System against Money Laundering and Terrorist Financing
Protection of the EU and the National Financial System against Money Laundering and Terrorist Financing
(Protection of the EU and the National Financial System against Money Laundering and Terrorist Financing)
- Author(s):Savina Mihaylova-Goleminova
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Criminal Law, Civil Law, EU-Legislation, Commercial Law
- Page Range:829-867
- No. of Pages:39
- Keywords:anti-money laundering measures; financial system; protection against terrorist financing
- Summary/Abstract:This chapter presents the key aspects of preventing abuse of the European Union’s financial system for money laundering and terrorism purposes, including organisation of the national system to counter money laundering, terrorist financing, and proliferation financing. Prevention of the use of the financial system for the purposes of money laundering or terrorist financing is highlighted, including OECD measures, the practice of Bulgarian courts, etc.
- Price: 4.50 €
Artificial Intelligence Regulations
Artificial Intelligence Regulations
(Artificial Intelligence Regulations)
- Author(s):Dimitar Elkov
- Contributor(s):Savina Mihaylova-Goleminova (Editor)
- Language:English
- Subject(s):Law, Constitution, Jurisprudence, Civil Law, Commercial Law
- Page Range:868-899
- No. of Pages:22
- Keywords:AI regulatory approaches; АI Act; AI risk and control; AI risk management framework
- Summary/Abstract:The present chapter presents current trends in the field of the advancement of artificial intelligence (AI). AI poses unprecedented legal challenges, necessitating proactive regulatory intervention. This chapter analyses AI regulation trends, emphasising the crucial need for robust ethical standards, transparency, and accountability frameworks in AI development and utilisation. By integrating legal principles, historical trends, research, and technical aspects, the analysis advocates for comprehensive regulatory systems capable of effectively addressing AI-related challenges while fostering innovation and public welfare in the digital age. The European Union’s proactive approach to AI governance is also reviewed.
- Price: 4.50 €
