Georgia
Last updated: 19/02/2007CENTRAL AUTHORITY FOR REPORTING
Financial Monitoring Agency of Georgia
ARE LAWYERS COVERED BY MONEY LAUNDERING LEGISLATION?
No
NAME LAWS REGARDING ANTI-MONEY LAUNDERING PROCEDURES
- The Law of Georgia on Support of Prevention of Legalisation of Illegal Proceeds – dated 06.06.2003;
- Criminal Code of Georgia – dated 22.07.1990;
- Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime –dated 08.11.1090
IN ADDITION TO THESE LAWS, IS THERE ANY MONEY LAUNDERING GUIDANCE FOR LAWYERS CURRENTLY IN PLACE?
No additional guidance for lawyers is provided by Georgian Legislation
UNDER WHAT CIRCUMSTANCES IS A LAWYER UNDER THE OBLIGATION TO REPORT?
The Georgian Legislation does not determine the obligations to report for lawyer
LAWYER RESPONSIBILITY/LIABILITY
The Georgian Legislation does not determine the lawyers responsibility/liability regarding the money laundering
CLIENTS IDENTIFICATION AND VERIFICATION
The Georgian Legislation does not determine the clients identification and verification regarding the money laundering
LAWYERS PROSECUTED FOR MONEY LAUNDERING OFFENCES
No references
Information provided by:
Mgaloblishvili, Kipiani, Dzidziguri
Name: Natia Bardavelidze
Email Address: Nbardavelidze@Mkd-Law.Com
