New energy regulations in Greece Introduction (Article by Mira Todorovic Symeonides – Partner and Alexandra Daniil – Associate, published in the Energy & Natural Resources Newsletter of the ILO on October 4, 2021) In July 2021 Law 4819/2021 (OJ A’ 129/23.7.2021) (the Law) introduced certain immediate regulations into the Greek energy sector.These measures particularly provide...Read More

Rokas (Athens) acted as the legal advisor to MetLife on sale of operations in Greece to NN Group Rokas (Athens) acted as the legal advisor to MetLife, a leading life insurance undertaking, in the sale of its Greek subsidiary to NN Group, an insurance group which is active in Greece. Rokas advised in the context...Read More

  The Legal 500 EMEA 2021 edition – Insurance Ranking We are pleased to announce that Rokas is ranked as a TOP – TIER FIRM at the insurance practice area in The Legal 500 EMEA 2021 edition, and is recommended in totally 5 practice areas. Firm members are also ranked as follows: TIER 1 –...Read More

The Legal 500: Mergers & Acquisitions Country Comparative Guide – Greek chapter Rokas would like to share the latest 5th edition of The Legal 500: Mergers & Acquisitions Country Comparative Guide. Τhe guide provides the readers with a pragmatic overview of Merger & Acquisitions laws and regulations in Greece. Each chapter includes information about market...Read More

“Solvency II-Supervision of (Re)insurance Companies”: Critical remarks & comments per article of L.4364/05.02.2016 on the harmonisation of Greek Law with Directive 2009/138/EC by em.Prof. I. Rokas published (in Greek) by Sakkoulas Publ., Athens 2016 The new, short commentary by Rokas’ senior partner, Ioannis Rokas, on the Greek law that has implemented the Solvency II Directive,...Read More

ICLG Merger & Acquisition Guide – Greek Chapter Our firm is a contributor of the ICLG Merger & Acquisition Guide – Greek Chapter. Viktoria Chatzara, Junior Partner & Kosmas Karanikolas, Associate, provide information about the current issues and regulations affecting the M&A field in Greece and address major topics and insight on the most common...Read More

Investment Firms: New regulatory regime Investment Firms: New regulatory regime The Investment Firm Regulation1 (IFR), combined with the Investment Firm Directive2 (IFD), introduce a bespoke prudential regime for the vast majority of EU’s investment firms; the latter being currently subject, along with credit institutions, to Basel-derived prudential rules set out in the Capital Requirements Regulation3...Read More

ESG factors’ paramount importance depicted in EU legislation Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (Disclosure Regulation, ESG Regulation or SFDR), as well as Regulation (EU) 2020/852 on the facilitation of sustainable investment (Taxonomy Regulation), form part of Commission’s Sustainable Finance Action Plan, linking Environmental, Social and Governance (ESG) factors to...Read More

PEPP. Could it channel an additional road towards viable pensions? Τhe Directive on Institutions for Occupational Retirement Provision (IORPs ΙΙ) regulates a private, voluntary and collective pension scheme, which supplements the state pensions. In September 2015, the Commission presented the fundamental guidelines for a new private and individual pension product, which is the standard Pan-European...Read More

Pissarides’ Committee proposal on the transformation of the supplementary State pensions’ scheme The Pissarides’ Committee aims to provide a solution to the State pensions’ fiery problem, by enhancing the credibility of the Institutions for Occupational Retirement Provision (IORPs), so that the latter will be able to operate as insurance companies and be supervised on a...Read More