Legal Publications

In the realm of financial services, particularly in Georgia, the operation of payment services is under regulatory oversight. This framework aims to ensure transparency, security, and stability in the payment sector. At the center of this regulatory system are Payment System Providers (PSPs). They play a crucial role in facilitating various payment transactions. PSPs include […]

Under the current legal framework, European patents can be validated in Georgia based on the International Agreement on the Validation of European Patents (the “Validation Agreement”) between the Government of Georgia and the European Patent Office (EPO). This framework allows applicants to obtain patent protection in Georgia by requesting validation of their European patent applications.

As Georgia continues to develop a well-regulated environment for systemic electronic gambling, licensed operators are increasingly targeting international markets. They are offering services to foreign players. In parallel, the question of how such players can legally fund their accounts and withdraw winnings has become a key operational and compliance issue. While the Georgian legal framework

Last year, the Parliament of Georgia made changes to the Law of Georgia on Personal Data Protection (the PDP Law) to align personal data protection legislation more closely with the European Union standards. These significant changes to the PDP Law entered into force on 1 March 2024 and marked an important regulatory update. Grounds of

As Georgia continues to position itself as a business-friendly jurisdiction and a regional hub for investment and innovation, hiring foreign employees by local companies is becoming increasingly common. Georgian labor and immigration laws establish a clear, albeit straightforward, framework for employing foreign citizens. This article outlines the key legal requirements for hiring foreign employees in

Georgia has established a legal framework governing securitization, a process that enables the transformation of future receivables into liquid financial instruments. The Law on Securitization outlines how entities can package income-generating assets and offer them to investors through structured instruments. The framework sets clear rules for key participants, including originators (Initiators), securitization vehicles (Securitization Entities),

The legislation of Georgia provides safeguards for intellectual property both on an individual and collective basis. Individual protection means getting permission to use a work. This happens by signing a contract with the rights holder. In contrast, collective protection implies concluding a contract with an organization that manages property rights on a collective basis. Framework

Consumer arbitration is gaining popularity globally as a practical and efficient method for resolving disputes between businesses and consumers. It allows both parties to submit conflicts to an impartial third party, typically an arbitral institution, without going through lengthy court proceedings. However, consumer arbitration legislation differs significantly between the European Union and Georgia. Consumer Arbitration

In the realm of financial services, particularly within the jurisdiction of Georgia, the operation of payment services is subject to regulatory oversight. This regulatory framework aims to ensure transparency, security, and stability within the payment sector. Central to this regulatory landscape are entities known as Payment System Providers (PSPs), which play a crucial role in

The Government of Georgia recently submitted a legislative package to the Parliament of Georgia with the aim of implementing new regulations for the organization of gambling and winning games through an online format. The legislative package encompasses amendments to various legislative acts, including but not limited to the following acts: the Law of Georgia on