Our Capital Markets practice offers comprehensive legal services grounded in a profound understanding of Greek and EU securities regulations, market infrastructures, and financial instruments. We provide strategic counsel to issuers, underwriters, investors, and financial intermediaries, ensuring compliance with the complex regulatory landscape governing capital markets transactions. Our expertise encompasses the Markets in Financial Instruments Directive II (MiFID II), the Prospectus Regulation (EU) 2017/1129, the Market Abuse Regulation (MAR), and the Greek Capital Markets Law 4706/2020.
Our Services Include:
- Equity Capital Markets: Advising on initial public offerings (IPOs), secondary offerings, and rights issues, ensuring compliance with the Prospectus Regulation and the disclosure obligations under the Transparency Directive (2004/109/EC). Assisting with listings on the Athens Stock Exchange (ATHEX) and navigating the regulatory requirements set forth by the Hellenic Capital Market Commission (HCMC).
- Debt Capital Markets: Structuring and executing bond issuances, including corporate bonds, high-yield bonds, and sovereign debt instruments, in accordance with the Greek Bond Law (Law 3156/2003) and the EU Prospectus Regulation. Advising on Euro Medium Term Note (EMTN) programs and compliance with the International Capital Market Association (ICMA) standards.
- Securitizations and Structured Finance: Advising on securitization transactions under the Securitization Regulation (EU) 2017/2402 and Greek Law 3156/2003, including asset-backed securities (ABS) and mortgage-backed securities (MBS). Structuring covered bond programs in line with the Covered Bond Directive (EU) 2019/2162 and ensuring compliance with the European Banking Authority (EBA) guidelines.
- Derivatives and Financial Instruments: Providing legal support on derivatives transactions, including swaps, options, and futures, ensuring adherence to the European Market Infrastructure Regulation (EMIR) and the Greek Derivatives Law. Advising on the implementation of the Central Securities Depositories Regulation (CSDR) and compliance with the TARGET2-Securities (T2S) platform requirements.
- Regulatory Compliance and Corporate Governance: Assisting clients in meeting obligations under the Market Abuse Regulation (MAR), including insider trading rules, market manipulation prohibitions, and disclosure requirements. Advising on corporate governance practices in line with the Greek Corporate Governance Code and the Shareholders’ Rights Directive II (SRD II).
- Takeover Bids and Public Mergers: Providing counsel on mandatory and voluntary takeover bids under the Greek Takeover Law (Law 3461/2006) and the EU Takeover Directive (2004/25/EC). Advising on public mergers and acquisitions, including compliance with the HCMC regulations and antitrust considerations under the Hellenic Competition Commission.
- Representation Before Regulatory Authorities: Representing clients in proceedings before the Hellenic Capital Market Commission (HCMC), the Bank of Greece, and the European Securities and Markets Authority (ESMA). Assisting in investigations and enforcement actions related to securities law violations, market abuse, and financial misconduct.
Our Capital Markets practice is characterized by a deep understanding of the legal and regulatory frameworks governing securities and financial markets in Greece and the EU. We combine technical precision with strategic insight to deliver tailored legal solutions that facilitate capital raising, ensure regulatory compliance, and mitigate risks. By leveraging our extensive experience and industry knowledge, we help clients navigate the complexities of capital markets transactions and achieve their financial objectives in a dynamic regulatory environment.