20 years together

Sixth Anti-money Laundering Directive - tougher penalties for acquiring money of non-verified origin

This 2020 is passing marked by the pandemic, but also by the ongoing hysteria around the obligations to implement anti-money laundering measures. Obliged entities have barely taken a breather after yet another wave of requirements to bring their internal documents and processes in line with the law in August and September 2020. The transposition of the Sixth Directive, which provides for extremely serious penalties for breaches of anti-money laundering legislation, is now on the agenda again. view more


The Constitutional Court of Bulgaria adopted the arguments of Prof. Dr. George Dimitrov in favour of repealing the traffic data retention

The Constitutional Court fully adopted the arguments presented by Prof. Dr. George Dimitrov and with its decision issued on November 17, 2020, declared as unconstitutional the amendments to the Electronic Communications Act, passed in March this year. view more


Tsvetelina Georgieva spoke on the state intervention in insolvent companies at AIJA Commissions Month

Our associate Tsvetelina Georgieva was among the speakers in the webinar on state intervention in insolvent companies, held on 10 November 2020 - the Insolvency Commission Day from AIJA Commissions Month. view more


Pencho Stanchev: Price may not be the most important criteria when choosing an electricity supplier

Pencho Stanchev, Senior Associate and co-head of the Energy Law Practice Group of DPC took part in an online discussion on the Pros and Cons of the Free Electricity Market, held on 26 October 2020. view more


Nine DPC Lawyers ranked by IFLR1000

Dimitrov, Petrov & Co. is one of the two law firms with the highest number of lawyers in the individual ranking of IFLR1000 for Bulgaria. view more


Kindergartens and schools may now be located in existing buildings

In early September amendments were promulgated to the Ordinance for design, execution and maintenance of buildings for public service in the field of education and science, healthcare, culture and arts, constituting a regulatory expression of the public need for more flexible design and construction of childcare facilities and schools view more


Bill for Amendment of the VAT Act Regarding the Rules for Reporting Sales

On September 11, 2020, the Bill for Amendment of the Value Added Tax Act (VATA) was introduced for public discussion. The bill proposes the amendment of various tax acts (VATA, Excise Duties and Tax Warehouses Act, Corporate Income Tax Act, etc.), aiming at complying with European legislation and refinement of various provisions view more


Radina Tomanova appointed as AIJA National Representative for Bulgaria

Radina Tomanova, associate at Dimitrov, Petrov & Co., has been appointed as a national representative for Bulgaria at the International Association of Young Lawyers (AIJA) view more


Martin Zahariev discusses the balance between innovations and their regulation on Bloomberg TV

Martin Zahariev, PhD, associate at Dimitrov, Petrov & Co., was invited at the Business Start show of Bloomberg TV Bulgaria to comment on some hot topics from the area of information technology law in connection with the forthcoming European Research and Innovation Days (22-24 September). Challenges to the regulation of AI in various public spheres, its application in the legal... view more


Pencho Stanchev gives valuable guidelines to non-household consumers of electricity

Pencho Stanchev, senior associate at Dimitrov, Petrov & Co., together with Bogdan Petrov co-heading its Energy Law Practice Group, was invited in the Business Start show of Bloomberg TV Bulgaria to comment on the forthcoming entry on the free electricity marker of the non-household consumers view more