The Forum, established in 2018, is an important platform for fruitful discussions with various stakeholders on the development of sustainable finance in Georgia and other countries with growing economies. 

The information meeting will take place online on 14 March 

Approval of the project will help the obliged entities accountable to SARAS in the direction of AML/CFT to fulfill their obligations under the Law of Georgia on Facilitating the Suppression of Money Laundering and Terrorism Financing  

For the attention of entities, their auditors, regulatory/supervisory bodies and persons interested in financial statements, SARAS has developed a unified document, in an updated form, on non-compliances identified as a result of financial statements reviews and review priorities. In addition to the issues mentioned above, the document focuses on materiality and the characteristics of high-quality financial statements. 

The purpose of the meeting is to inform interested parties about the Rule for Understanding the Customer’s Ownership and Control (Governance) Structure and Identification and Verification of a Beneficial Owner by the Obliged Entity 

The information meeting will be held in an online format