Georgia regulates AML/CTF through the Financial Monitoring Service and its prevention law. See the obligations and how MemberCheck supports them.
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Georgia regulates AML/CTF through the Law on Facilitating the Prevention of Money Laundering and the Financing of Terrorism, with the National Bank of Georgia supervising most regulated entities and the Financial Monitoring Service of Georgia acting as the country's financial intelligence unit. Georgia is assessed against FATF standards by MONEYVAL, the Council of Europe evaluation committee.
Financial institutions and designated businesses must run customer due diligence, keep records, monitor transactions, and report suspicious activity to the Financial Monitoring Service. Supervisors expect a documented compliance framework, a named responsible person, and continual staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Georgia's AML/CTF supervisor for banks, microfinance organisations, payment service providers, brokerage companies, currency exchange offices, and virtual asset service providers, using a risk-based supervisory framework.
Georgia's financial intelligence unit, responsible for receiving, analysing, and disseminating suspicious transaction reports to law enforcement and competent authorities.
Georgia's principal AML statute, setting customer due diligence, record-keeping, and suspicious transaction reporting duties for reporting entities.
Georgia is assessed by MONEYVAL, the Council of Europe committee that evaluates AML/CTF measures against FATF standards.
Through its MONEYVAL membership, Georgia aligns its regime with the FATF Recommendations that shape expectations for financial institutions and designated businesses.
The National Bank of Georgia is the AML/CTF supervisor for most of the regulated sector, including commercial banks, microfinance organisations, payment service providers, currency exchange offices, brokerage companies, and virtual asset service providers. The Financial Monitoring Service of Georgia is the separate financial intelligence unit, receiving and analysing suspicious transaction reports.
The Law on Facilitating the Prevention of Money Laundering and the Financing of Terrorism is Georgia's principal AML statute, setting customer due diligence, record-keeping, and reporting obligations.
Georgia is assessed by MONEYVAL, the Council of Europe committee that evaluates member states' AML/CTF measures against FATF standards.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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