Ethics Training Under Georgian Law: What Is Actually Mandatory
Georgia has no standalone statute devoted to corporate ethics training. The mandatory core of staff training is created by the Georgian law on the prevention of money laundering and the financing of terrorism. Sub-paragraph "g" of the second paragraph of Article 29 of that law makes a continuing staff training program a mandatory component of the internal instruction, and its purpose is to deliver to employees information about the requirements of the law, the relevant subordinate normative acts and the internal instruction itself.
The code-of-conduct training and compliance-academy models familiar from United States corporate practice are not Georgian law and cannot carry a Georgian page: in Georgia, training is governed by Articles 29, 25 and 28 of the anti-money-laundering law.