Purpose and scope of the law The Georgian law on national regulatory organs creates a single legal framework for the sta…
The protection of consumer rights in the financial sector is a distinct area among the National Bank's tasks. The Organi…
When a commercial bank falls into serious difficulty and ordinary supervisory measures no longer suffice, a special reso…
The National Bank's supervisory mandate does not end with the banking sector: the Organic Law on the National Bank shape…
The National Bank of Georgia is the country's central bank and, at the same time, the central supervisory authority of t…
The Deposit Insurance System and the AgencyThe deposit insurance system covers the relationships — regulated by this law…
How the law secures the insurer's solvency To secure its solvency, the insurer is obliged to observe the economic norms…
What counts as insurance intermediary activity Insurance intermediary activity in the sphere of insurance is the paid in…
Who supervises the insurance market State supervision over insurance activity — and, within the frames determined by the…
What insurance and insurance activity mean Insurance is a relationship formed to protect the personal and property inter…
RegTech — What the AML Law Actually Requires Regulatory technology — software systems that help accountable persons perf…
Microfinance licensing in Georgia is a complex and strictly regulated process aimed at ensuring the stability and transp…
Bank License Applications — the Statutory Perimeter Starting banking activity in Georgia rests on an absolute licensing…
Transaction Monitoring is the heart of the AML/CFT compliance system for financial institutions in Georgia. This process…
Suspicious Activity Reporting (SAR) is one of the most sensitive areas of legal responsibility for the financial sector…
Suspicious Activity Reporting (SAR) is a critical component of the Anti-Money Laundering and Countering the Financing of…
Transaction Monitoring is the cornerstone of any modern financial organization's security in Georgia. It is the process…
AML (Anti-Money Laundering) compliance programs are an essential condition for modern business functioning in Georgia. W…
Basel Compliance is the cornerstone of stability for the Georgian banking system. Developed by the Basel Committee on Ba…
Capital Adequacy — the Georgian Legal Anchor Capital-adequacy requirements are the backbone of a bank's day-to-day compl…
Bank Compliance Audit is a crucial supervision mechanism for financial institutions in Georgia. It involves a comprehens…
Whistleblower Protection in the banking and finance sector is a fundamental part of risk management and corporate ethics…
