The financial services industry is the bedrock of the entire economy, built not on concrete, but on a foundation of pure public trust. A license to operate a bank, an insurance company, or an investment firm is a grant of profound responsibility, subject to the most intensive and sophisticated regulatory oversight in the nation, led by the National Bank of Georgia (NBG). In this domain, legal compliance is not just a function; it is the product. A single lapse can trigger systemic risk, regulatory intervention, and an irreparable collapse of confidence. Our company provides the institutional-grade legal counsel required to secure and defend this license, acting as both architects and guardians of our clients' financial integrity.
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), an investment firm, 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 structures, business plans, and the "fit and proper" standing of your management and ultimate beneficial owners.
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 and reporting. We advise on the complex web of prudential norms, anti-money laundering (AML/CFT) laws, consumer protection rules, and periodic reporting obligations. We help you build and maintain a compliance architecture that can withstand the intense and ongoing supervision of the NBG.
The relationship with the regulator is paramount, but disputes can arise. When they do, we provide formidable representation in disputes with regulatory bodies over licensing issues. Whether facing a sanction, a directive to change business practices, or a threat to your license itself, we act as your strategic advocate. We engage with the NBG on your behalf, challenge findings, negotiate resolutions, and defend your institution's standing with the full force of our legal expertise.