SARAS signed memorandum of collaboration with the Financial Monitoring Service of Georgia

According to the law on “Facilitating the Prevention of Illicit Income Legalization”, Georgian bodies responsible for facilitating the prevention of illicit income legalization and terrorism financing, actively cooperate with authorized local and international organizations in regards with information gathering, research and judicial decision-making processes.

To encourage cooperation on a local basis, Memorandum has been signed between the Service for Accounting, Reporting and Auditing Supervision and the Financial Monitoring Service of Georgia.

In support of the existing Memorandum of Collaboration between the SARAS and the Financial Monitoring Service of Georgia, both parties agree to collaborate and consult on ensuring compliance with the  law  on “Facilitating the Prevention of Illicit Income Legalization “ of persons conducting accountancy or/and auditor activity.