George Filippakis - A multidiscliplinary approach to Law, Finance and Technology

Greece Introduces a Single Permit for Third-Country Workers: What the New Law Means for Employers and Foreign Personnel

January 9, 2026

Introduction: A Major Shift in Greek Labour Migration Law Greece is preparing a significant reform of its labour migration framework with a draft bill transposing Directive (EU) 2024/1233 on a single application procedure for a single permit for third-country nationals. The bill, currently under public consultation, aims to simplify the procedure for legally employing non-EU…
EBA advises on the new AML regime: how compliance teams should start preparing

November 5, 2025

The European Banking Authority’s (EBA) recent response to the European Commission’s Call for Advice marks a significant step toward operationalising the new EU Anti-Money Laundering Authority (AMLA). While this may sound like another layer of bureaucracy, for compliance professionals across banks, investment firms, and payment institutions, the implications are real and immediate. The document provides…
A roadmap for obliged entities under the new EU AML framework

September 23, 2025

The European Union’s new AML package, which consists of Regulation (EU) 2024/1620 (AMLAR), Regulation (EU) 2024/1624 (AMLR), and Directive (EU) 2024/1640 (AMLD), marks the most far-reaching reform of Europe’s anti-money laundering rules to date. Its impact will be felt across a wide spectrum of financial institutions, including banks, investment firms, insurers, payment institutions, crypto-asset service…
The ESAs’ autumn 2025 warning to Europe’s financial system

September 21, 2025

Every six months the three European Supervisory Authorities (EBA, ESMA, and EIOPA) publish a Joint Committee Report on risks and vulnerabilities. The Autumn 2025 edition comes at a particularly unsettled time, shaped by tariff shocks from the US, ongoing wars in Ukraine and the Middle East, and rising defence spending across Europe. While the report…
Mapping of Delegated Regulation 2018/389 on strong customer authentication

September 2, 2025

The Commission Delegated Regulation (EU) 2018/389, which is often referred to as the RTS on Strong Customer Authentication (SCA) and Common and Secure Communication (CSC), is one of the most practical and influential instruments under PSD II. For compliance and legal professionals, it provides the technical backbone of how secure digital payments and data sharing…
Instant payments equals instant risks and why real time monitoring is now essential

August 27, 2025

The EU is making instant payments a standard feature of the financial system. For customers, that’s a win given money moves in seconds across borders. But for banks and regulators, it’s also a new headache. Instant payments don’t just speed up legitimate transfers. They also give criminals the ability to move illicit funds faster than…

George Filippakis

Attorney at Law

Greece Introduces a Single Permit for Third-Country Workers: What the New Law Means for Employers and Foreign Personnel

EBA advises on the new AML regime: how compliance teams should start preparing

A roadmap for obliged entities under the new EU AML framework

The ESAs’ autumn 2025 warning to Europe’s financial system

Mapping of Delegated Regulation 2018/389 on strong customer authentication

Instant payments equals instant risks and why real time monitoring is now essential