Greece: Financial Services

Greek courts are increasingly ruling that real estate acquisitions at auction by REO companies affiliated with loan servicers constitute an unlawful circumvention of statutory prohibitions. Recent judgments from the Western Macedonia Court of Appeal and Athens Court of First Instance have found that these arrangements allow servicers to maintain economic control while formally separating legal entities, depriving debtors of fair settlement opportunities and enabling below-market acquisitions.

Our Financial Services Briefing analyses the new exclusion to prudential consolidation and the amendments to the tender offer rules (Article 44 of Law 5237/2025),

Artificial Intelligence (AI) is increasingly transforming the global financial landscape. In Greece, advisory and financial services firms are beginning to integrate AI to enhance efficiency, decision-making, and client services.