The Association of the Members of the Athens Exchanges (SMEXA) expresses its opposition and concerns as to the draft Ministerial Decision and proposed measures to regulate the movement of capital concerning transactions on financial instruments in view of the reopening of the Athens Stock Exchange (ASE).
In specific, pursuant to the above draft Ministerial Decision and starting from the date of its issuance, the existing funds deposited in accounts held with Hellenic credit institutions can no longer be used by investors for the purchase of financial instruments; whereas the funds deposited in foreign credit institutions can be freely used for the purchase of financial instruments traded in the Greek regulated markets.