The Bulgarian government considers raising taxes on gambling by 5%, changing the total tax percentage to 25% starting January 1, 2026.The tax hike would apply to all...
Bulgaria creates AML task force to exit FATF grey list
Bulgaria’s Interior Minister Daniel Mitov has announced that the government is creating a specialized task force to fight against money laundering crimes in an effort to remove Bulgaria from the Financial Action Task Force’s (FATF) grey list.
The task force will be led by the current Deputy Director of the National Police and former Director of Bulgaria’s national anti-organized crime unit, Yavor Serafimov. He will work closely with the National Revenue Agency, which also functions as the country’s gambling regulator.
Daniel Mitov noted:
“This is one of the steps that Bulgaria is taking towards its delisting from FATF’s grey list. The task force itself will be a part of the Interior Ministry’s General Directorate of National Police. This is the result of not only the joint work between our national institutions but also of close collaboration and consultations with our international partners in the face of the US, the UK, and the European Union.”
FATF greylisted countries are considered to pose a high risk to the global economic ecosystem, especially regarding money laundering. Taking into consideration Bulgaria’s efforts to improve anti-money laundering laws, 2026 could be a realistic target for the country to be taken off the grey list.
Rumen Petkov is pushing for strict legislation in Bulgaria's ruling coalition regarding illegal gambling practices.According to the National Revenue Agency (NRA), a total...
