GREECE: Amendments to Regulations of Athens Stock Exchange

Friday October 14 2016

The Governing Council of the Athens Stock Exchange has approved amendments to the Regulations of the Exchange.

Among the changes effected are the following:

The second sentence of Internal Paragraph 1) of Paragraph 1.2.4 (Financial Assets) is replaced as follows: “Members must also send to ATHEX in electronic form the audited interim and annual financial statements within a month after their publication.”

Internal Paragraph 4 of Paragraph 1.2.6 (Competence) replaced as follows: Members must declare to ATHEX elements of Certified Dealers, as well as any change in these particulars.”

Internal Paragraph 3 of Paragraph 1.2.9 (Communication with Members) replaced as follows: The ASE may, by decision, specifying the procedures and Members of the media with this setting specific criteria depending on the Membership or Market Maker or candidates for acquisition of related properties, the responsibilities of the Member`s contact persons and issues handled in connection with the Membership, as well as any other matter and relevant technical details concerning these procedures. The Member communication ASE considered binding and produces legal effects only if carried out by the responsible member of communication, as determined on a case depending on the tasks performed by the Member. “

Additional amendments relate to the following:

1. Market Maker Obligations
2. Market Making Conditions
3. Special cases Market Maker transactions

The amendments are effective with immediate effect

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