MONEY LAUNDERING

Full Disclaimer

The legal information listed below has been automatically translated from Greek, using third-party translation services, for which we are not responsible for their fidelity and accuracy. Τo avoid any misunderstandings that may be caused by a poor language translation, if you consider it necessary, seek appropriate advice, or do not use this website.

Canopus P.C. fully follows all relevant directives and provisions of the European Union and applies the Greek Law 4734/2020 (Government Gazette A’ 196-08/10/2020), as currently in force with any amendments, which amended Law 4557/2018 (Government Gazette A’ 139-30/07/2018) on combating money laundering.

Our company as a licensed real estate agency / brokerage, within the meaning of Law 4072/2012 (Government Gazette A’ 86-11/04/2012), as currently in force with any amendments, can carry out a general check for individuals or legal entities – companies interested in selling or buying real estate with our mediation, especially if the properties are of a particularly high value, or if there is a difference between the actual purchase price and the calculated objective value, or if the origin and/or destination of the funds to be used is doubtful, e.g. a lot of cash, transfers from/to third country accounts, etc. Therefore, we will ask you for identification and representation documents for legal entities, as well as proof of origin/destination of funds from banking institutions, tax authorities, etc.

If we detect any “suspicious” activity that is directly or indirectly related to real estate transactions (sales, purchases, leases, rentals, etc.), we are obliged to report it to the local authorities.

All the above data, which may be requested from you, are protected by Law 4624/2019 (Government Gazette A’ 137-29/08/2019) of the Data Protection Authority, for your protection against the processing of personal data and in accordance with our company’s Privacy Policy.

The independent supervisory authority in Greece for the protection of your data is the Data Protection Authority, where you can find more information. For any other question not covered here, please fill in the contact form and our legal advisor will get back to you as soon as possible.