Our firm fully complies with Anti-Money Laundering Law 4734/08.10.2020. Such legislation is the applicable Greek institutional framework on preventing and combating money laundering and terrorist financing and incorporates the provisions of Directive (EU) 2015/849 and 2018/843 of the European Parliament and of the Council.
The current institutional framework has been primarily established by incorporating the relevant EU legislation, which is aligned with the “Forty (40) Recommendations against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction” as adopted in February 2012 by the Financial Action Task Force (FATF), which is an international body setting standards and issuing guidelines.
In our capacity as real estate agent licensees, we are required to complete an initial client due diligence (CDD). You may therefore be asked to provide certain information so that we may verify your identity as well as receiving directly from a Class A International Bank a proof of funds statement. The above information is safeguarded by our firm on the basis of the Data Privacy Law 4624/2019.