Georgia
6 regulators · 6 laws & regulations · 3 obligations · 9 enforcement actions
| Obligation | Timing | Regulator | Arises from | Source | Detail |
|---|---|---|---|---|---|
| All industries | |||||
| Lawful basis, notice and data subject rights | Ongoing | — | — | source | |
Art. 5 sets the grounds for processing personal data and Art. 6 those for special categories. Arts. 13-20 give data subjects rights to information, access, rectification, erasure, blocking, portability, safeguards against automated decisions and withdrawal of consent. |
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| Banking | |||||
| Banking licence required to take deposits and lend | Before commencing activity | NBG | Law of Georgia on Commercial Bank Activities | source | |
Taking deposits and using them to extend credit requires a licence (Art. 2(2)); only the National Bank can issue it, and administrators must meet fit-and-proper criteria assessed by the Bank (Arts. 3, 5). |
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| Crypto / VDA | |||||
| VASP registration with the National Bank before offering virtual asset services | Before offering services; ongoing | NBG | — | official | |
Virtual asset service providers must register with the National Bank under its VASP rule; each registration act specifies the service the provider may offer. After the September 2026 amendment minimum supervisory capital is GEL 150,000 for exchange and/or transfer, GEL 350,000 for a trading platform and GEL 250,000 for other services, with already-registered providers given until 1 July 2027 for risk management and 1 September 2027 for capital. |
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| No obligations match these filters. | |||||