Transparency International Bulgaria is organizing a meeting of the Business Integrity Club, scheduled for January 2025. The discussions will focus on the expired mandates of regulatory bodies in Bulgaria and their impact on the business environment. Regulatory authorities play a critical role in ensuring the rule of law, protecting consumers, and fostering a fair competitive environment. However, the prolonged governance of regulators with expired mandates raises serious concerns about their legitimacy, independence, and effectiveness. Participants in the meeting will discuss the risks associated with such situations, as well as the necessary reforms for a more transparent and timely process for renewing the leadership of regulatory bodies.