MONEYVAL finds that Georgia has made only limited progress in strengthening its AML/CFT framework and must accelerate reforms to address remaining deficiencies

MONEYVAL concludes that Georgia has taken some steps to enhance its anti-money-laundering and counter-terrorist-financing framework, including incremental legislative and institutional improvements. However, progress remains insufficient in key areas such as effectiveness, supervision and implementation, and MONEYVAL calls for more decisive action to address outstanding weaknesses and meet international standards.