---
title: "Suspicious Activity Reporting"
url: "https://legal.ge/en/service/banking-and-finance-law-en/suspicious-activity-reporting-48-en"
field: "Banking & Finance Law"
description: "Professional help with Suspicious Activity Reporting (SAR) in Georgia. Compliance with AML/CFT laws. Find verified specialists on Legal.ge."
reviewed: "2026-02-10"
updated: "2026-11-08"
publisher: "legal.ge"
---

# Suspicious Activity Reporting

> Source: legal.ge, https://legal.ge/en/service/banking-and-finance-law-en/suspicious-activity-reporting-48-en

Suspicious Activity Reporting (SAR) is a critical component of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) system in Georgia. Financial institutions, including commercial banks, gambling businesses, lawyers, and accountants, are required to identify any suspicious activity and send the corresponding notification to the Financial Monitoring Service of Georgia. This process is not merely a bureaucratic obligation; it is a mechanism of national importance that protects the country's economic security and financial stability in accordance with international standards, particularly FATF recommendations. Timely identification of suspicious transactions helps law enforcement agencies prevent the legalization of illicitly obtained income. The Legal.ge platform connects you with experienced specialists who can help you correctly set up an effective reporting system.

## What does the Suspicious Activity Reporting service cover?

Legal and consulting services related to Suspicious Activity Reporting cover a broad range of actions aimed at protecting business from regulatory sanctions. The service includes: developing internal AML policies and procedures that define suspicion criteria; auditing client "due diligence" (CDD/KYC) processes; preparing and validating Suspicious Activity Report (SAR) forms for the Financial Monitoring Service; training employees to recognize suspicious indicators (Red Flags); and communication with regulatory bodies during inspection processes. Additionally, specialists will help implement a risk assessment methodology, allowing you to focus resources on the most critical areas and avoid an excessive number of "false positive" notifications.

## Common real-world scenarios

In practice, Suspicious Activity Reporting often becomes necessary in specific situations. For example, when a client performs transactions involving large sums that do not correspond to their declared income or business profile. A second scenario is "structuring" (Smurfing), where a large transaction is divided into small parts to avoid the reporting threshold (30,000 GEL). It is also common for transactions to involve high-risk jurisdictions or offshore companies whose beneficial owners cannot be established. Another important scenario is transactions by Politically Exposed Persons (PEPs), which require enhanced monitoring. In such cases, legal consultation is crucial to decide whether there is sufficient basis to send an official notification.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/banking-and-finance-law-en/suspicious-activity-reporting-48-en

### What can be the subject of a report?

A suspicious transaction or an attempt to prepare, conclude or perform it — the report is submitted on the day a well-founded suspicion arises.

### Which deadlines are set?

Cash movement across the border — no later than 5 working days; requested information — no later than 2 working days.

### Does the prohibition have exceptions?

Yes — statutory submission to a competent body, group-level sharing and persuading the client away from an unlawful act.

### How is the reporting employee protected?

Their identity may not be disclosed, and the accountable person protects them from threats, discrimination and other unlawful influence.