In 2025, the National Bank of Georgia imposed GEL 9.6 million in fines on financial sector entities for violations of anti-money laundering (AML) regulations, according to its annual report submitted to Parliament. This marks a sharp increase from GEL 961,000 in 2024.
The largest share of penalties was imposed on currency exchange bureaus, where fines surged from just GEL 45,000 in 2024 to GEL 7.87 million in 2025, mostly due to failures in customer identification during large transactions.
Commercial banks were fined GEL 330,000 (up from GEL 181,000), while microfinance institutions saw a slight decrease in penalties to GEL 287,200. New regulation of virtual asset service providers resulted in GEL 470,000 in fines.
Other penalties were distributed across credit institutions, brokerage firms, payment service providers, and smaller financial entities, reflecting a broader tightening of AML enforcement across the sector.
