Sanction 12369
1 of 184 sanctions recorded for Greece.
- Sanction date
- 20 Nov 2023
- Country
- Greece
- Legal framework
- MiFID
- Nature of sanction
- Administrative sanction and measure
- ESMA sanction ID
- 12369
Sanction text
Original language: English. Text is published as-is from ESMA.
The Board of Directors of the HCMC decided to impose a total fine of € 160,000 on the company "BLOG FINANCE CORPORATION" (with distinctive title BFC Group), and on two natural persons for the infringement of the provisions of article 8 of Law 3606/2007, as they provided to retail investors the investment service of portfolio management without having the required license. Specifically, a fine of € 80,000 is imposed on Mr. Grigoris Papaiordanides, a fine of € 60,000 is imposed on ΜS Sofia Ampazidou and a fine of € 20,000 is imposed on the company "BLOG FINANCE CORPORATION".
Related registers
- MiFID Register NCA-level enforcement actions
- EU Sanctions Commission restrictive measures
Data sourced from the ESMA sanctions and enforcement register, updated weekly.
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