Online Reporting System

non-cooperative and watch zones

According to the law of Georgia “on Facilitating the Prevention of Illicit Income Legalization”, the National Bank of Georgia, on the basis of proposition of the Financial Monitoring Service of Georgia (FMS), defines country or territory, where weak mechanisms for controlling illicit income legalization are effective. The country or territory thereof is identified as such on the basis of the information provided by competent international organization or if the grounded supposition exists that in such zone weak mechanisms for controlling illicit income legalization are effective.