Legal Publications

Legal framework for video monitoring in Georgia

Legal Framework for Video Monitoring in Georgia: What Businesses and Citizens Need to Know

In recent years, the use of video monitoring has become increasingly prevalent in Georgia. It encompasses public and private settings, including workplaces. This rise in video monitoring has brought about significant legal considerations, particularly concerning the protection of personal data. The Georgian Law on Personal Data Protection (the Personal Data Protection Law) provides a comprehensive framework for […]

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The Law on the Protection of Consumer’s Rights

The Law on the Protection of Consumer’s Rights

Georgia must align its laws with EU rules under the EU-Georgia Association Agreement. To meet this goal, Georgia adopted a consumer protection law. The Law on the Protection of Consumers’ Rights sets rules for contracts between consumers and traders. It also introduces new safeguards for handling personal data in consumer relations. Traders must inform consumers

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Georgia Enacts the Foreign Agents Registration Act: Key Implications and Requirements

Georgia Enacts the Foreign Agents Registration Act: Key Implications and Requirements

Georgia has enacted the Foreign Agents Registration Act (FARA), a new law that introduces extensive obligations for individuals and organizations with foreign connections. Set to take effect on 31 May 2025, FARA is modeled on the U.S. Foreign Agents Registration Act, but features language and requirements that are unfamiliar. In many respects, unusually broad for

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Virtual assert Georgia

Georgia’s Legal Framework for Virtual Asset Services

Georgia has introduced a regulatory framework for virtual assets and related services to bring legal clarity to the digital asset industry. The framework is primarily based on amendments to two key laws: These legal updates establish clear definitions, responsibilities, and compliance standards for entities operating in the virtual asset sector. Before the Amendments were adopted,

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Non-Compete Clauses in Georgian Law-Governed Employment Contracts

Non-Compete Clauses in Georgian Law-Governed Employment Contracts

While the Labour Code of Georgia (the Labour Code) is primarily designed to protect employees’ rights, it also ensures fair working conditions. Additionally, it acknowledges the legitimate interests of employers in maintaining competitiveness and safeguarding sensitive business information. In this context, the Labour Code permits the inclusion of non-compete clauses and other restrictive covenants in

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Empowering Secured Transactions: Exploring Blockchain Arbitration and Smart Contracts

Empowering Secured Transactions: Exploring Blockchain Arbitration and Smart Contracts

Smart contracts have evolved as a game-changing option for safe and automated transactions in the dynamic world of blockchain technology. These self-executing contracts that are stored on the blockchain offer increased efficiency, transparency, and mutual trust. But even in the world of smart contracts, disagreements can occur as with any contract. This is when a

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Workplace Health and Safety Regulations in Georgia- a Practical Guide for Employers

Workplace Health and Safety Regulations in Georgia- a Practical Guide for Employers

Ensuring workplace safety is a fundamental aspect of employee-employer relationships. All employers must ensure that labor rights are protected within the workplace environment. The Labor Code of Georgia and the Law on Labor Safety respectively regulate the essential duties. Employers must acknowledge the importance of safety measures and protect employees from unsafe working conditions. They

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Introducing Microbanks – New Financial Institution in Georgia

Introducing Microbanks – New Financial Institution in Georgia

The concept of microbanks was introduced in Georgia through the Law of Georgia on Microbanks (hereinafter the “Law”), establishing a new type of financial institution under the supervision of the National Bank of Georgia (NBG). Purpose and Objectives of the Law The primary objective of the Law is to promote the institutional development and strengthening

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A guide to processing personal data for direct marketing

A Guide to Processing Personal Data for Direct Marketing

 What Businesses Need to Know Businesses handle large amounts of personal data daily, especially from their customers. This is equally true when processing data for direct marketing. Direct marketing allows businesses to create effective campaigns by offering personalized products, services, or offers to customers. However, this practice is strictly regulated, and businesses must comply with

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Risk Assessment Strategies for VASPs: Ensuring Compliance With Current Regulations

Risk Assessment Strategies for VASPs: Ensuring Compliance With Current Regulations

With the rapid growth of the virtual asset industry, Virtual Asset Service Providers (VASPs) face increasing regulatory scrutiny worldwide. Georgia is no exception. Since September 2022, VASPs have been classified as accountable persons under the Law of Georgia on Facilitating the Prevention of Money Laundering and the Financing of Terrorism, thereby becoming subject to mandatory

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