Regulatory perimeter
Match VASP · PSP to the authority path before drafting starts.
- Regulator
- National Bank of Georgia
- Status
- Available
Jurisdiction · GEShort route note · June 2026
GE
ISO 3166-1GeorgiaShort route note
- Region
- Europe
- Regulator
- National Bank of Georgia
- Scope
- VASP · PSP
- Capital
- By activity
- Lead time
- 2-4 mo
- Profile type
- Short route note
Jurisdiction route noteShort route note · scoping required
Georgia. Fast-moving PSP and VASP route.
Georgia is relevant when speed, PSP activity or digital-asset positioning matters, but the route still needs banking and counterparty testing. SKY7 treats it as a focused route note before a file is opened.
- Lead time
- 2-4 mo
- Indicative planning range for route scoping.
- Regulator
- National Bank of Georgia
- Authority ownership is checked before filing.
- Scope
- VASP · PSP
- Permission set depends on the operating model.
- Capital
- By activity
- Capital assumptions stay indicative until scoping.
Section 01 · GE note
Georgia can be fast, but the banking story has to work.
The note checks VASP or PSP fit against counterparties and launch geography.
Georgia can suit a leaner regulated launch, especially where the operating model is clear and the client does not need EEA passporting.
SKY7 checks whether National Bank of Georgia perimeter, local management, AML ownership and payment/custody flows are coherent before recommending the route.
The comparison step is important: some projects are better served by an EEA PI/EMI route, while others can use Georgia as an earlier operating base.
Best fit
- Use whenUse Georgia when timing matters and the business can operate without EEA passporting.
Compare before filing
- Route comparisonCompare Lithuania, Poland, Kazakhstan or Vanuatu depending on payment, crypto and banking requirements.
Section 02 · GE route questions
Georgia questions before PSP or VASP scoping.
The Georgia note is opened only after activity, authority, evidence and banking assumptions are clear enough to price.
Operating file
Use Georgia when timing matters and the business can operate without EEA passporting.
- Lead time
- 2-4 mo
- Capital
- By activity
Route comparison
Compare Lithuania, Poland, Kazakhstan or Vanuatu depending on payment, crypto and banking requirements.
- Region
- Europe
- Variant
- Short note
Questions · GE
Georgia route checks before a filing decision.
These checks keep the Georgia route tied to the actual National Bank of Georgia perimeter, not a generic jurisdiction shortlist.
Q.01When does Georgia fit?
It fits when the operating model matches VASP · PSP and the team can evidence ownership, customer geography and banking assumptions before approaching National Bank of Georgia.
Q.02Which scope needs checking first?
Start with VASP · PSP; SKY7 then confirms whether adjacent activities change the permission set, capital treatment or local substance plan.
Q.03What evidence should be ready?
National Bank of Georgia will expect a coherent ownership, AML/CFT, governance and evidence file.
Q.04What can move the timeline?
The 2-4 mo planning signal can move with regulator queue, ownership complexity, AML/CFT evidence and banking or provider acceptance.
Section 03 · GE SKY7 check
What SKY7 checks before choosing Georgia.
The first deliverable is a route memo. It can become a full profile once the client model proves that the jurisdiction should stay on the shortlist.
Activity classification
Classify the product against VASP · PSP and identify which regulator conversation controls the route.
Operating assumptions
Review ownership, directors, AML ownership, outsourcing, payment or custody flows and the expected bankability of the setup.
Route decision
Return a written note stating whether Georgia is primary, backup, comparison-only or unsuitable for the stated model.
Georgia route note
Send the Georgia PSP or VASP model.
Send the regulated activities, customer countries, custody/payment flows and bankability assumptions. SKY7 will return a Georgia route note.
Send
Product modelActivities, customers, flows and target countries.
Current statusNew filing, acquisition, expansion or route comparison.
Return
Route notePrimary route, backup route and blockers to verify.