In this issue ? Mgaloblishvili Kipiani Dzidziguri (MKD) Newsletter March-April, 2019

Legal news:

• New rules for Georgian pharmaceutical market;
• New regulation for the persons holding the status of a special enterprise;
• Agro Insurance Programme has been approved;
• Decree N163 of the government of Georgia on approval of state program on credit guarantee scheme;
• The National Bank of Georgia approved Cybersecurity Management Framework for commercial banks;
• The National Bank of Georgia approved the regulation on net stable funding ratio (NSFR);
• Tbilisi land use master plan has been approved;
• New regulations about alcoholic beverages.

Business news:

• Georgia’s sovereign credit rating has been improved;
• Double taxation avoidance deal between Georgia and Saudi Arabia becomes effective.