Hellenic Capital Market Commission fines three companies €47,000

The Hellenic Capital Market Commission has imposed total fines amounting to €47,000 on three companies following its 1100th meeting.

Piraeus Asset Management S.A. was issued administrative measures and a €30,000 fine for violations related to liquidity risk management, specifically regarding compliance with ESMA guidelines and Commission Circular 62.

Beta Securities S.A. received a €12,000 fine for violations concerning the provision of investment services, investor information, and organizational matters under relevant Greek laws and EU Regulation 2017/565.

EKTER (Anonymi Techniki Oikodomiki Ktimatiki Xenodocheiaki Emporiki Viomihaniki Etairia) was fined €5,000 for failing to comply with regulatory standards (DLPs 24 and IFRS 11) in its 2024 annual and semi-annual consolidated financial statements.