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Happy Data Protection Day, 28th of January 2022
Sixteen years ago, the Council of Europe launched a Data Protection Day to be celebrated each year on 28 January. To celebrate this day, our team has prepared a short list with 5+1 privacy tips, in order for you to be prepared in 2022.
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Market Data on EU derivatives and Securities Markets
The European Securities and Markets Authority (ESMA), published on 17 December 2021 two Annual Statistical Reports (Reports) analysing the EU derivatives and securities markets in 2020.The Reports also discuss the significant impact of the UK withdrawal on the EU derivatives…
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EU regulators recommend rapid action on Digital Finance
The three European Supervisory Authorities (EBA, EIOPA and ESMA) have recommended a series of actions to the European Commission, namely ten cross-sectoral recommendations and two insurance-specific recommendations, in order to ensure that the EU financial services regulation…
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Legal Entity Identifier for Legal Entities in Financial Transactions
In accordance with the European Systemic Risk Board (ESRB) recommendation, the Hellenic Capital Market Commission (HCMC) encourages all legal entities involved in financial transactions, under the HCMC’s supervisory competence…
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Posted in News for Greece
Article 48a: Capital gain tax for holding companies
With Article 20 of Law 4646/2019 Greece has incorporated the participation exemption clause. More specifically, Article 48 A of Income Tax Code states that there is no capital gain tax on the transfer of shares of subsidiaries by the mother company provided that owns the shares (subsidiary):
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Posted in News, News for Cyprus, News for Greece, TAX LAW PRACTICE
The Resilience and Recovery Guide
One of the hot topics the European Union is dealing with is the establishment and operation of a special new fund and program, the so-called Recovery and Resilience Facility (“RRF”). In response to the out¬break of the COVID-19 pandemic…
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Posted in News for Greece
Employment relationship in Greece according to 5c of Law 4172/2013
As we are aware and in the context of attracting foreign investments and expatriates in Greece, the Greek law has introduced new provisions in the Tax Law for this purpose, i.e. Articles 5a, 5b και 5c of Law 4172/2013.
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Posted in EMPLOYMENT PRACTICE, News, News for Cyprus, News for Greece
EU Employment Newsletter: FAQs Vaccines
Andersen, through the member and collaborating firms of Andersen Global and its European Employment Practice, has prepared this edition of the Newsletter with relevant information for employers regarding the vaccination certificate.
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GDPR Flash News: Fine on a telephone company for failure to comply with the principles of confidentiality
The Spanish Data Protection Authority imposed a fine of 50.000 euros on a telephone company for failure to comply with the principles of confidentiality and security of data processing through the implementation of adequate…
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Posted in ANTITRUST, COMPETITION & REGULATORY LAW PRACTICE, News, News for Cyprus, News for Greece, Whistleblowing Shield
Whistleblowing Directive: All you need to know in 5 Q&A
Whistleblowing is defined as the activity of an employee or officer of a public or private organization who reports waste, fraud, abuse, corruption, or profit seeking to someone who is in the position to rectify the wrongdoing.
