Recommendation 1 Recommendation 2 Recommendation 3 Recommendation 4

Recommendation 5 Recommendation 6 Recommendation 7 Recommendation 8

Market selection

Recommendation 7

Investor compliance with the laws and regulations in the home countries of their investments should be part of their regulators' due diligence process. They, in turn, should be treated equitably in the home country of their investments especially in respect to their rights to shareholder benefits and concessionary arrangements under double tax agreements.

1.	Do domestic regulators monitor the procedures in place at their locally based cross-border custodians to assure compliance with the laws and regulations of the home countries of their investments?	Capital Market Commission monitors all investment activities in the Greek market by domestic and foreign market players, and has established cooperation with foreign commissions for the exchange of information whenever it is required in the course of its monitoring activities.
2.	What are the areas (e.g. benefits, investor compensation) where foreign investors are not treated in the same way as local investors?	There exist no areas where the foreign investors are treated less favorable than the Greek investors.
3.	Can sales proceeds and income be repatriated without any restrictions?	Yes, there exist no restrictions.
4.	Are double tax agreements simple to apply, and do foreign investors receive promptly their full entitlement to dividends and interest payments?	Yes, since no Greek withholding tax applies on interest payment and dividend payment to persons no domicile in Greece.