AML
Money laundering poses significant threats to the integrity of financial systems and can undermine economic stability. In today's interconnected world, addressing money laundering is crucial for protecting businesses, fostering trust, and promoting sustainable growth across all sectors.
Our AML/CFT services provide comprehensive compliance and advisory support tailored for reporting entities, including banks, microfinance organizations, audit firms, and law firms. We specialize in designing robust compliance systems, setting up effective processes and controls, and offering implementation assistance to ensure adherence to regulations. We provide expert guidance on transaction-related AML/CFT risks, counter-party due diligence, and effective risk management strategies to help safeguard your organization.
Jaba Gvelebiani is Certified AML Specialist (CAMS) by Association of Anti-Money Laundering Specialists (ACAMS). Some of his experience includes:
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AML/CFT audit of Georgian commercial banks
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Design and implementation of compliance systems for financial sector and audit/accounting firms
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AML/CFT training program development and conducting trainings
Compliance
In today's business landscape, the compliance burden has significantly increased due new regulations in data protection consumer protection, labor and immigration, corporate governance, and more.
Our compliance services are designed to help you navigate these complexities with ease. We offer tailored solutions, including the design and setup of compliance policies and controls, risk management and advisory, transaction compliance risk assessments, compliance diligence, and building strong relations with regulators. Let us support your business in achieving and maintaining compliance effectively.
Jaba Gvelebiani is one of the drafters of Georgian Consumer Protection Law and co-authored relevant Regulatory Risk Assessment (RIA). Some of his relevant experience includes:
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Data protection policy and process design and implementation
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Labor regulatory compliance advisory
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Representation with financial sector, telecom and energy regulators
Corporate
With the recent adoption of the new Law of Georgia on Entrepreneurs, corporate law has experienced substantial changes. These changes bring new rules for capital formation, dividend distribution, and corporate governance, which can elevate compliance risks for businesses.
Our firm specializes in business setup, corporate structuring, and the development of corporate governance models. Additionally, we provide corporate law advisory services and support with share purchase agreements and management contracts to help your business navigate these complexities effectively.
Jaba Gvelebiani is actively engaged in preparing amendments to the law through his engagement in AmCham Georgia Commercial Law Committee. Some of his experience includes:
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Corporate structuring of numerous business ventures in different sectors
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Corporate governance systems design for large corporations
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Share purchase agreements drafting and assistance in M&A deals
Employment
Georgian employment legislation has reformed to create a more pro-employee environment, with courts placing the burden of proof on employers. This shift has heightened labor compliance risks, particularly with the establishment of labor inspectorate.
Our employment law services include drafting internal labor regulations and employment, providing legal advisory for employee onboarding and terminations, and representing clients in labor litigation. We are committed helping businesses navigate these changes while promoting fair treatment of employees.
Our selected experience includes:
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Design entire labor compliance systems including internal regulations and employment contracts for large corporations
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Labor related risk assessment and assistance in implementing the controls for risk mitigation
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Representation of employees and employers in labor disputes
Real Estate
Georgia has undergone significant land reforms over the past twenty years, resulting in complex risks related to land and building registrations, urban development rules, and third-party claims.
Our real estate law services are designed to navigate these complexities with expertise and precision. We offer comprehensive real estate title due diligence meticulous drafting of property sales agreements, and tailored urban development regulatory advice. Additionally, we provide dispute settlement services in administrative and courts to ensure your interests are protected.
Some of our selected experience includes: ​
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Real estate due diligence in numerous acquisition deals
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Real estate contracts drafting: lease, sales, pre-sales, mortgage and restrictions
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Real estate registrations and relations with the Public Registry
Financial Sector
Georgia's financial sector is characterized by complex banking institutions and a sophisticated regulator with strict regulatory enforcement practices. The landscape includes commercial banks, microbanks, microfinance organizations, and lending institutions, all operating within an adequate legal framework for investment firms and Virtual Asset Service Providers (VASPs), supervised by the National Bank of Georgia.
Our services are designed to support businesses within this dynamic environment. We offer banking license support, ensuring compliance with sector regulations, providing advisory services on relevant regulations, and representing clients in dealings with the regulator. Let help you navigate the complexities of Georgia's financial sector with confidence.
Some of our selected experience:
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Microbank licensing legal assistance
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Commercial banking and microfinance regulatory and governance advisory
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Banking, lending institutions, microfinance legal due diligence and M&A
Telecom
The Georgian telecom sector characterized by large-scale internet companies, broadcasters, and electronic communications providers. This dynamic industry is overseen by the Communications Commission, which has implemented tightened regulatory burdens to ensure compliance among sector players.
Our services include designing and assisting with the licensing and authorization process, providing regulatory advisory support, offering compliance advice and representation with the regulator. We are to helping our clients navigate the complexities of the telecommunications landscape.
Our selected experience includes:
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Licensing and regulatory advisory to electronic payment services provider companies
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Regulatory advice to broadcasting companies
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Legal due diligence of video sharing platform
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Market competition ex-ante regulation assessment
Disputes
Georgia's legal system is structured into three levels: first instance courts, appellate courts, and cassation courts, ensuring a comprehensive judicial process. In addition, Georgia recognizes and enforces arbitration agreements, aligning with its status as one of the UNCITRAL Model Law countries and a party to the New York Convention.
This framework provides a reliable and efficient avenue for dispute resolution, allowing parties to resolve their disputes outside of traditional court settings. Our services in litigation and arbitration are designed to guide you through this legal landscape, ensuring your rights are protected and your interests represented effectively.
Our selected experience includes:
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Drafting and research arbitration law amendments and ADR advocacy
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Representing numerous clients in Georgian courts and arbitration institutions
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Acting as arbitrator in commercial disputes