News & Insights

Legal updates, guides, and commentary on Georgian law and practice.

Banking

UK Sanctions Three Georgia-Registered Companies for Russia Sanctions Evasion

The United Kingdom has sanctioned three Georgia-registered companies operating Russia-focused crypto exchanges, with the Investigation Service of Georgia's Finance Ministry subsequently revealing criminal convictions and prison terms for their Georgian-registered operators.

TK Counsel editorial · 27 May 2026

Banking

National Bank of Georgia Raises Refinancing Rate to 8.25% — First Change in Two Years

The National Bank of Georgia's Monetary Policy Committee has raised the key refinancing rate by 0.25 percentage points to 8.25%, citing supply-side inflation driven by Middle East tensions and disruptions to Strait of Hormuz shipping.

TK Counsel editorial · 7 May 2026

Banking

Source of Funds and AML in Georgia: What Banks Want to See

A practical guide to source-of-funds preparation for Georgian bank onboarding, including what banks review, where applications fail, and how to present a coherent file.

TK Counsel editorial · 29 March 2026

Banking

Surviving Georgian Bank KYC: Opening an Account as a Foreigner

In 2026 you can't just walk in with a passport. Here's what Georgian banks require—KYC forms, proof of income, client contracts—and how to get an English-speaking banker with BOG Solo or TBC Concept.

TK Counsel editorial · 8 March 2026

Banking

Banking in Georgia: KYC Tips for New Account Openers

How to prepare for KYC and AML checks when opening a Georgian bank account.

TK Counsel editorial · 1 February 2026