Compliance Programs Under Georgian Law: What Is Mandatory
The most detailed statutory model for developing a corporate compliance program in Georgian law is the Georgian law on the prevention of money laundering and the financing of terrorism. In this corpus, Article 29 regulates the internal instruction and the compliance control system itself, Article 8 reflects the risk-based approach, Article 30 governs the group level, and Article 24 governs proportionality. This page is about program design — operational oversight and inspections are the subject of a sibling page.
For a company this means the documentary foundation of a compliance program must begin with Georgian statute rather than with international manuals: a program written otherwise will not withstand substantiation before the supervisory authority.