Regulatory requirements and regulatory compliance

Slavchev & Vasilev Law Firm

Data Protection & GDPR Compliance

Our team provides practical, business-focused solutions to ensure your data handling practices are compliant, ethical, and secure.

Our services include:

  • GDPR & Data Privacy Audits: Comprehensive gap analysis and compliance reviews to identify and remediate risks in your data processing activities.
  • Policy & Documentation: Drafting and reviewing all essential documents, including privacy policies, cookie notices, data processing agreements (DPAs), and internal data handling protocols.
  • Data Protection Impact Assessments (DPIAs): Guiding you through the DPIA process for high-risk data processing activities.
  • Data Subject Requests (DSARs): Establishing and streamlining procedures to efficiently manage and respond to data subject access, deletion, and rectification requests.
  • International Data Transfers: Advising on legal mechanisms for cross-border data flows, including Standard Contractual Clauses (SCCs) and transfer impact assessments.
  • Data Breach Response: Providing urgent, 24/7 support for incident response, including breach assessment, notification to authorities, and communication strategies.
  • Outsourced DPO Services: Serving as your designated Data Protection Officer (DPO) to oversee compliance and act as the liaison with regulatory authorities.
Regulatory requirements and regulatory compliance

Anti-Money Laundering (AML) & Financial Crime

We provide end-to-end support for regulated entities such as Payment Service Providers and Crypto-asset Service Providers, regulated under the crypto-law MiCA, helping you build and maintain robust, defensible AML compliance programs.

Our services include:

  • AML/CFT Program Development: Designing and implementing firm-wide AML policies, procedures, and internal controls tailored to your specific business risks.
  • AML Risk Assessments: Conducting comprehensive, enterprise-wide risk assessments to identify, measure, and mitigate your firm’s exposure to money laundering and terrorist financing.
  • KYC/CDD Advisory: Advising on Customer Due Diligence (CDD) and Know Your Customer (KYC) requirements, including onboarding procedures, enhanced due diligence (EDD) for high-risk clients, and PEP screening.
  • Independent AML Audits: Performing independent reviews and audits of your AML program to test its effectiveness and ensure compliance with regulatory expectations.
  • Staff & Board Training: Delivering customized, role-based training for employees, senior management, and your Money Laundering Reporting Officer (MLRO).
  • Regulatory Investigations: Representing your firm during regulatory inquiries, examinations, and enforcement actions related to AML compliance failures.

We are proud and active members of Bulgarian Association of Anti-Financial Crime Experts (BAAFCE).

Combating money laundering, AML, and financial crimes

Industry-Specific Regulatory & Compliance

We offer highly specialized regulatory counsel tailored to the unique challenges and legal frameworks of your sector. Our experts go beyond general compliance to provide strategic advice that aligns with your specific industry’s environment.

Telecommunications, Media & Technology (TMT)

Our TMT team provides cutting-edge advice to help you innovate responsibly and navigate the rapidly evolving digital landscape.
Telecommunications, media, and technology (TMT)
  • Digital Services Act (DSA): Guiding online platforms and marketplaces on obligations related to content moderation, transparency reporting, user rights, and “gatekeeper” responsibilities.
  • EU AI Act: Assisting with the classification of AI systems (from high-risk to minimal), implementing risk management frameworks, and ensuring compliance with data quality, transparency, and human oversight requirements.
  • Telecommunications & Media: Advising on licensing, spectrum allocation, network access, and compliance with media content and advertising standards.

Financial Services, Capital Markets & Securities, Crypto Law

We are capable of providing comprehensive regulatory support to Crypto-asset Service Providers (CASP`s), fintech companies, payment service providers, banks and other financial institutions.
Financial services capital markets and securities crypto legislation
  • Financial Regulation: Advising on compliance with key frameworks including MiFID II / MiFIR, CRD V / CRR, AIFMD, and UCITS.
  • Capital Markets: Guiding issuers and underwriters on compliance with the Prospectus Regulation, Market Abuse Regulation (MAR), and Transparency Directive, including disclosure obligations and insider trading policies.
  • Securities & Listing: Assisting with IPOs, secondary offerings, and ongoing compliance with stock exchange listing rules and corporate governance codes.
We are listed as an Advisor to the BEAM market on the Bulgarian Stock Exchange.

Other Specialized EU Regulatory Matters

Our multi-disciplinary team advises clients on a broad spectrum of specific EU regulations that impact market access and operations such as agricultural, import/export, pharmaceutical and medical devices, sport/gaming, specific product regulation, etc.
agricultural products imports exports pharmaceutical and medical products sports

With our extensive knowledge of local regulations and our multijurisdictional capabilities, we are well-positioned to help clients in Bulgaria and the EU deal effectively and creatively with regulatory and compliance issues.


Our clients come to us to understand their responsibilities, manage risk and lessen the impact of complex regulatory regimes on their transactions or day-to-day operations.

Why Compliance Matters

With the ever-changing regulatory requirements, the risks and financial consequences of non-compliance are consistently increasing. Companies are therefore under continuous pressure to meet the ever-expanding requirements of regulatory authorities.
Why compliance with regulatory requirements is important

Our clients rely on us to:

  • Understand their legal obligations,
  • Identify and manage potential risks
  • Minimize the operational impact of complex regulations on their transactions and daily business activities.
  • Protect themselves from financial penalties imposed by the authorities.
  • Develop internal policies, procedures and frameworks.

Our compliance services

Slavchev and Vasilev Law Firm provides legal advice and assistance to its Bulgarian and foreign clients on all relevant legal matters applicable to their industry. Besides advisory capability on general regulations, we are skilled in personal data protection compliance, Anti-Money Laundering compliance, licensing, as well as other compliance procedures.
Compliance made simple. We specialise in GDPR and AML compliance and general and industry-specific regulatory compliance. We offer legal advice and consultations, and can help you prepare internal compliance policies and procedures. We can also represent you before the relevant authorities, ensuring that your business is legally protected and fully compliant.
If you're looking for a reliable legal partner in Sofia, Law Firm Slavchev and Vasilev is here for you

Practice Areas

At Slavchev & Vasilev Law Firm, we offer a wide range of legal services covering key areas of law:

Commercial Law

We provide comprehensive legal services for businesses, from company formation and contract drafting to representation in commercial disputes.

Contract Law

Our team has extensive experience in the area of contract law, offering assistance with contractual obligations, torts, insurance and more.

Property Law

We provide comprehensive legal services in property law matters, including real estate transactions, property disputes, construction law and protection of property rights.

Intellectual Property Protection

Rely on us to register and protect trademarks, patents, copyrights and other intellectual property.

Civil Cases

We provide professional legal representation in all types of civil matters, including claims, injunctions and enforcement proceedings.

Administrative Law

We are your reliable partner in complex administrative procedures and disputes with government authorities.

Tax Law

We offer expert legal advice on tax matters, including tax planning, defending tax audits and appealing tax rulings.

Labour Law

Our employment law solicitors are here to advise you on all aspects of the employment relationship including employment contracts, dismissals, compensation and employment disputes.