Implementation of Article 29 (par. 7, 8 and 9) of Law 4569/2018 (Government Gazette A' 179)

 

Pursuant to decision no. 281/7.11.2018 of the Board of Directors of Hellenic Central Securities Depository S.A. (ATHEXCSD) and following the relevant announcement dated 8/11/2018 in its capacity as Administrator of the Dematerialised Securities System (DSS), the technical and procedural issues concerning the application of the provisions of par. 7, 8 and 9, article 29 ("Transitional and repealed provisions") of Law 4569/2018 (Government Gazette A' 179) are regulated in accordance with Resolution No. 7 of the Board of Directors of ATHEXCSD, Resolution No. 36 of the Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange S.A., as well as the procedure and specific terms for the forced sales of securities in the Special Account of beneficiaries of their Share in the Dematerialised Securities System (DSS) and the depositing of the sale proceeds or of unsold securities in the Consignment Deposits & Loans Fund (CDLF) in the name of the beneficiary, as stipulated in detail below.


1. Transfer of available transferable securities, free of encumbrances or attachments, from the special account to an operator account of beneficiaries

2. New framework for placement of encumbrances (pledges and other charges) on an operator account of beneficiaries

3. Transfer of encumbrances from the special account to an operator account

4. Compulsory sale of securities in the special account of beneficiaries

5. Schedule of tasks for the compulsory sale of securities in the special account of beneficiaries

 


Legislative / Regulatory Framework 


Press Releases & Announcements

Investors frequently questions & answers

Search
Toolbox
Market

Composite index

SiteWideIndexIdayGraphPortlet

values with 15-min delay

Calendar

FinancialCalendarPortlet

January 2025

S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

There are no events scheduled for today.

Asset Publisher