March 20 (SeeNews) - Bulgaria's Financial Supervision Commission (FSC) said it has granted a licence to Global Clearing House to carry out activities as an investment intermediary.
Global Clearing House, which is in the process of being established, will be able to provide investment services, including transmitting orders related to financial instruments, portfolio management, investment advice and placing financial instruments, the FSC said in a notice on Tuesday.
The company will also be able to provide loans to investors and store and administer financial instruments on behalf of its clients, the FSC added.