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🌍
Jurisdiction
Georgia
📅
Effective Date
2021
Mar 1, 2021
✅
Full Compliance
TBD
🏛️
Regulator
National Bank of Georgia
Overview
Georgia's Open Banking framework was developed by the Open Banking Committee with the Bankers' Association. It follows a regulatory approach with mandatory participation.
Scope & Coverage
AISPIS
Key Requirements
1
NBG licensing2
API standards compliance3
Staged implementation4
Consumer consentImplementation Timeline
Jul 1, 2019
Open Banking Committee set up with Bankers' Association
Sep 1, 2020
First version of Implementation Framework developed
Mar 1, 2021
Deadline to implement Stage 1 of Open Banking
Official Documents & Resources
Key Notes
Framework developed through industry collaboration with Bankers' Association.
Official Resources
Related Regulations
Other open banking frameworks in Europe:
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