Summary of 2022 Results

SARAS continues to implement important reforms, and sums up the results of 2022

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An amendment was made to the normative act of SARAS

An amendment was made to the decree of Head of SARAS (Order №16, September 25, 2017)

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SARAS held an event on legislative amendments to Facilitating the Prevention of Money Laundering and Terrorism Financing

A meeting - “Legislative Amendments to Facilitating the Prevention of Money Laundering and Terrorism Financing” - was aimed at informing attendees about legislative amendments

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A workshop on the Final Feasibility Study Results of the XBRL Standard Implementation was held

A workshop on the final Feasibility Study results of the XBRL Standard implementation initiated by SARAS and financed by the World Bank was held

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Winners Announced for 2022 Best Annual Report and Transparency Award (BARTA)

The annual award is intended to encourage compliance with new reporting regulations, foster healthy competition between companies, and improve the overall quality of corporate reporting

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Amendments were made to the Law of Georgia on Facilitating the Prevention of Money Laundering and Terrorism Financing

As a result of amendments, accountants providing professional services and accounting firms were added to Article 3(1)(b.d) of the Law of Georgia on Facilitating the Prevention of Money Laundering and Terrorism Financing

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