BANKEBI DA FINANSEBI: “ACCESS TO BANK ASSETS AND IMPLEMENTATION OF FINANCIAL TRANSACTIONS RESTRICTED TO OTAR PARTSKHALADZE”

Georgian financial sector was instructed to take into account fulfillment of requirements, established by the US Treasury’s Office of Foreign Assets Control (OFAC) in relation to persons, put on the sanctions list (SDN list), National Bank of Georgia (NBG) declared.

As NBG explained, this implies restriction of sanctioned persons’ access to assets and ability to make financial transactions.