The Executive Branch enacted Law 6399/2019 which imposes the exchange of 100% of the bearer shares to registered shares. The deadline to proceed with the exchange was extended until December 10, 2019.

During this period, Corporations may update their bylaws and request the corresponding opinion from the Treasury Solicitor's Office. 

The Ministry of Finance is expected to issue the corresponding Regulations in the next few days, which will provide more details about the administrative procedure for the share exchange. 

Failure to proceed with the exchange will result in penalties ranging from the suspension of economic rights to the loss of such rights.