Best Structured Finance Lawyers in Peristeri

1. About Structured Finance Law in Peristeri, Greece

Structured finance in Peristeri, Greece, revolves around the use of special structures to pool and securitize financial assets such as loans, receivables, or real estate projects. In practice, this often means creating a special purpose vehicle (SPV) to issue notes backed by those assets. The legal framework combines Greek corporate law, EU securitisation rules, and financial market regulations as administered by Greek and EU regulators.

Key terms you will hear include SPV, asset backed securities (ABS), securitization of credits, and disclosure obligations. In Peristeri, as in the broader Athens region, the process typically involves forming an SPV under Greek company law, transferring receivables to that SPV, and issuing securities to investors. Guidance from a local advocate helps align the transaction with Greek law and EU requirements.

Legal professionals in Peristeri will typically coordinate with Greek regulators such as the Hellenic Capital Market Commission and the Bank of Greece to ensure compliance. This area also requires attention to EU rules on securitisation, which Greece implements through national law and regulator guidelines. For authoritative details, see government and regulator resources linked at the end of this guide.

“The EU Securitisation Regulation provides a uniform framework for securitisation across member states, including Greece, with emphasis on disclosure, transparency and risk retention.”

2. Why You May Need a Lawyer

Concrete scenarios in Peristeri that require structured finance counsel

• A local real estate developer in Peristeri wants to securitize a portfolio of loan receivables tied to new apartment projects; a lawyer helps structure the SPV, transfer documents and the note issuance terms.
• A small bank or credit cooperative in Attica plans to issue asset backed securities to investors; you need due diligence, prospectus drafting, and regulatory filings with the Hellenic Capital Market Commission.
• A municipality in the broader Athens area contemplates securitizing receivables for a public works project; counsel coordinates with auditors, ensures compliance, and prepares governance documents for the SPV.
• A Peristeri-based investor purchases notes from an ABS deal; you require risk disclosures, performance covenants, and compliance with EU securitisation rules.
• Borrowers under a securitized loan pool need a lawyer to review the securitisation terms for protections on default, foreclosure, and step-in rights.
• A corporate owner seeks to restructure a securitization transaction due to changes in law or market conditions; you need a Greek-legal perspective on amendments and novations.

3. Local Laws Overview

Key laws, regulations, and statutes governing structured finance in Greece

Law 3156/2003 on securitization of credits governs the creation of securitization structures and the transfer of receivables to SPVs. It remains the foundational framework for securitisation transactions in Greece and has been amended to align with EU standards. Effective since 2003; subject to ongoing updates.

Regulation (EU) 2017/2402 on securitisation and simple, transparent and standardized securitisations applies across the European Union and is implemented in Greece through national supervision and disclosures. It sets rules on risk retention, transparency, and due diligence for securitisation transactions. Effective for EU members since 1 January 2019.

Greek Companies Law 2190/1920 (as amended) governs the formation and governance of SPVs and other corporate vehicles used in securitisation. This law provides the corporate framework for SPVs, including share capital, governance, and reporting. Original enactment in 1920; heavily amended over time.

In addition to these statutes, you will encounter ongoing Greek and EU regulatory oversight from bodies such as the Hellenic Capital Market Commission and the Bank of Greece. These regulators issue guidance on disclosures, eligibility criteria for assets, and market conduct in securitisation transactions. See the sources for official information and updates.

“EU securitisation regulation aims to harmonize transparency and risk retention requirements across member states, including Greece, to protect investors and maintain market integrity.”

For authoritative details on the Greek framework and recent developments, consult these official sources:

Gov Greece portal: https://www.gov.gr

Hellenic Capital Market Commission:

Bank of Greece:

European Securities and Markets Authority:

4. Frequently Asked Questions

• Hellenic Capital Market Commission (HCMC) - Regulation and disclosure guidelines for securitisation and public offerings.
• Bank of Greece - Regulatory framework for credit institutions and securitisation practices in Greece.
• European Securities and Markets Authority (ESMA) - EU securitisation rules and investor protection measures.