SARAS Receives Expert Support as Part of a Project Funded by the European Union

In the framework of the project - Facility for the Implementation of the EU-Georgia Association Agreement II – the international expert assisted the staff of the Department of Anti-money Laundering Supervision in developing relevant documentation and methodologies. This will ultimately significantly assist SARAS in the supervision of obliged entities, including accountants providing professional services, accounting firms, certified accountants, auditors and audit firms.  

This support is valuable for SARAS as it actively contributes to the implementation of EU directives in the dynamic approximation process within the framework of the EU-Georgia Association Agreement. Accordingly, it is working towards the development of legal bases and corresponding methodologies within its competence. 

The objective of the project - Facility for the Implementation of the EU-Georgia Association Agreement II - is to strengthen the capacity of Georgian public institutions to fulfil the obligations assumed under the Association Agreement between Georgia and the EU.