OPFs: Sanctions

Τhe Bank of Greece may, in accordance with the provisions of article 55 of Law 5078/2023 (Government Gazette Α 211), impose administrative penalties for infringements of the provisions of Part A of said Law, which may be disclosed subject to certain conditions, including information regarding the type and nature of the  infringement, as well as the identity of the persons liable.

Article 56 of the aforementioned Law introduces specific provisions pertaining to the pecuniary amount of the administrative penalties imposed.

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