DEBANKING: THE DROPOUTS OF THE BANKS

DEBANKING: THE DROPOUTS OF THE BANKS

In “Business Law Insights”, a special edition of the newspaper “Kathimerini”, our firm contributed an article on debanking. It argues that the aggressive practice of lengthy asset freezing on mere suspicions of money laundering creates a host of dropouts from the banking system because of banks’ unwillingness to open new accounts for affected individuals or entities.

Read the article by Ilias Anagnostopoulos:

https://anagn-my.sharepoint.com/:b:/g/personal/ianagnostopoulos_iag_gr/IQAQ-Sgh5oPASZx5WM3tDZU8ATIXvXx4yuIKHAyeV6JQT5M?e=62Rkol