TBILISI, DFWatch - Georgia is to build its own list of known terrorists, and seize the property of persons designated as terrorists by the UN. Specifically the bill will amend the law on Anti Money Laundering Support. Initiators are MPs Andro Alavidze and Kakhaber Anjaparidze. If passed, the bill will establish a new commission which will [...]
TBILISI, DFWatch - Experts here in Tbilisi think the government is ‘trying to find legislative methods to put pressure on Ivanishvili’, following a government initiative about strengthening financial monitoring under the pretext of combating money laundering. Amendments will be made to the law called Anti-Money Laundering Support. The initiators are ruling party parliamentarians Zviad Kukava, Andro [...]
Prosecutors in Georgia will get powers to monitor suspicious money transfers before they are carried out. But this will require a court warrant. Parliament’s decision means that after getting a court's approval, the prosecutor's office can ask that a bank account be subject to a strict control regime: every time there is a transfer [...]