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Cap Market Commission submits framework for establishment of capital, hedge funds in Greece

Greece’s Capital Market Commission has submitted a draft bill to the finance ministry that will allow the establishment of capital and hedge funds in the country.

According to information collected by “N”, a well-known banking executive is already in the final stages of establishing such a fund in the country, depending on the course of the legislative approval of the initiative.

The Hellenic Capital Market Commission’s plan offers a detailed framework for the creation and operation of such alternative funds in the country.