Liberty Bank Affirms Full Compliance with International Sanctions Relevant to Georgia's Financial Sector
JSC Liberty Bank has issued a statement affirming its full compliance with international sanctions, specifically those levied by countries and allies integral to Georgia's financial sector.
The statement underscores the bank's adherence not only to sanctions lists established by the United States Office of Foreign Assets Control (OFAC) but also to all relevant regulations.
"Liberty Bank operates in strict accordance with regulations set forth by the National Bank of Georgia as well as Georgian legislation. Additionally, our internal risk management policy and procedures are crafted to align with the obligations and rights negotiated with our international financial partners. This ensures that we limit services to clients deemed high-risk," the bank's statement elaborated.
By declaring its unwavering compliance, Liberty Bank underscores its commitment to adhering to both local and international legal frameworks, reinforcing its reputation as a responsible financial institution.