The financial services industry is the bedrock of the entire economy, built not on concrete but on pure public trust. A license to operate a bank, insurance company, or investment firm is a grant of profound responsibility, subject to the most intensive regulatory oversight in the nation, led by the National Bank of Georgia (NBG). A single lapse can trigger systemic risk and an irreparable collapse of confidence. Our firm provides the institutional-grade legal counsel required to secure and defend this license.
We specialize in guiding institutions through the labyrinthine process of obtaining licenses for the full spectrum of financial services. Whether you are establishing a commercial bank, an insurance company, a microfinance organization (MFO), or a payment service provider, we architect the entire application. We work with your team to build a comprehensive submission that meets the NBG's stringent requirements regarding capital adequacy, risk management frameworks, corporate governance, and the "fit and proper" standing of your management.
Securing the license is merely the gateway to a state of perpetual scrutiny. Our role evolves to provide continuous support in compliance with financial regulations. We advise on the complex web of prudential norms, anti-money laundering (AML/CFT) laws, and consumer protection rules. When disputes arise, we provide formidable representation. We act as your strategic advocate, challenging findings and defending your institution's standing with the full force of our legal expertise.