Thursday, 30 April 2020

Launch of public consultation of sector inquiry into Fintech

Sector inquiry by the Hellenic Competition Commission into Fintech – Launching of public consultation

The Hellenic Competition Commission (“HCC”), taking into account the increasing use of financial technology in the provision of financial services, as well as the ability of modern technology tools to facilitate restrictions of competition in the digital environment, has initiated by decision of 11.03.2020 a sector inquiry into financial technology services (Fintech), exercising the respective powers conferred on it pursuant to Article 40 of Law 3959/2011.

In the context of Phase I of the sector inquiry, we announce the launch of a public consultation and kindly invite all interested parties to express their views and comments on the competitive conditions in the digital environment. The stakeholders concerned may contribute to the public consultation by participating in the relevant teleconference held by the HCC in July, and/or by submitting their views in writing, in the form of a memo. 

For more details on the scope and objectives of the finetech sector inquiry, please visit the HCC’s dedicated webpage to the sector inquiry, where you can also find specific information regarding your participation in the aforementioned public consultation. 

Moreover, via the “fintech sector inquiry” dedicated website, companies, citizens and institutions may:

  • stay informed on the progress of the sector inquiry, here Latest Updatesas well as on the applicable administrative timetable, here Timeframe
  • find answers to their questions, here Q&As
  • obtain information on procedural matters before the HCC, here Procedural matters.

For any issues related to the sector inquiry, please contact the HCC by email at This email address is being protected from spambots. You need JavaScript enabled to view it., giving your name, capacity and contact telephone number.

Media representatives may also contact the Office of the President, Vice-President and Commissioner-Rapporteurs by phone at (+30) 210 – 8809202.

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