Digital services

The transposition of NIS2 Directive on cybersecurity into Greek legislation

Greek Law 5160/2024, implementing Directive (EU) 2022/2555 (NIS2 Directive), has recently entered into force providing for cybersecurity obligations to an expanded number of entities. The new legislation introduces robust cybersecurity risk-management measures, imposes tightened incident reporting obligations and aims to ensure the effective supervision and enforcement of cybersecurity obligations. In our latest newsletter we walk through the key elements of the new cybersecurity legal framework in Greece, including a brief compliance roadmap and obligations timeline for companies falling within the scope of Greek Law 5160/2024. READ FULL ARTICLE

Smart contracts introduced into the Greek legislation

In 2022 the term “smart contracts” was introduced into the Greek legal system, when law 4961/2022 expressly recognized transactions made through this novel digital tool, while making use of the blockchain technology. Therefore, we briefly explain the legal characteristics of smart contracts and their integration within the Greek contract law and civil procedure law. READ FULL ARTICLE

Can negotiable instruments be digitally signed? (in Greek)

Rapid digitalization of transactions challenges the traditional means of transaction and trade securities, such as negotiable instruments. We need to reflect on the impact of the legislative recognition of the certified digital signature and the increasing use of digital documents in transactions, and consider whether distributed ledger-blockchain technology may offer solutions for enhancing security in transactions. READ FULL ARTICLE