What steps can I take to verify a Bulgarian fintech is properly authorized under MiFID II and PSD2 before using their services?

Question

I want to use a Bulgarian fintech for online payments, but I'm unsure about licensing and consumer protections. If the provider isn't properly regulated, what practical steps can I take to verify authorization and understand redress options under Bulgarian and EU law?

Law Firm Mikov Attorneys · Accepted Answer

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What steps can I take to verify a Bulgarian fintech is properly authorized under MiFID II and PSD2 before using their services?

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