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Capital Market Commission: Fines in Piraeus Financial Holdings and Alpha Services and Holdings

The imposition of fines on Piraeus Financial Holdings and Alpha Services and Holdings was decided by the Board of Directors of the Hellenic Capital Market Commission at its meeting today.

In particular, the Board of Directors of the Hellenic Capital Market Commission at its 950th / 12.4.2022 meeting decided:

The imposition of a fine totaling € 50,000 on the company “PIRAEUS FINANCIAL HOLDINGS SA.” for violation of the provisions of article 17 par. 1 of Regulation (EU) 596/2014 in combination with the provisions of article 7 of the Regulation and article 27 par. 8 of law 4443/2016, due to untimely disclosure of privileged information mentioned in the explanatory note to the shareholders and concerned the increase of its share capital in March 2021.

The imposition of a fine of a total amount of € 10,000 on the company ALPHA SERVICES AND HOLDINGS SAfor violation of Article 18 of Regulation (EU) 596/2014 regarding improper compliance with the list of persons holding privileged information.

Source: Capital

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