The Head of the Banking and Non-banking Institutions Supervision Department of the National Bank of Georgia Giorgi Kadagidze met with the Management of Russian Central Bank and discussed the issues of combating money-laundering and illicit cooperation of Russian banks with financial structures on the territory of Abkhazia. He left for Moscow to perform a special mission of the Management of the National Bank of Georgia to extirpate illicit business by Russian commercial banks in Abkhazia and pose the issues of preventing “dirty money” laundering before Russian Central Bank.   Giorgi Kadagidze met with the Director of Bank Regulation and Supervision Department of Russian Central Bank Aleksi Simanovsky.   Giorgi Kadagidze discussed the problems raised between Russia and the  banking system of Georgia with the Head of International Relations Department of Russian Central Bank. Representatives of the Central Bank considered the information provided by the Georgian party and promised the Georgian party to study the issues in more detail.   Assigned by the Management of the National Bank of Georgia Giorgi Kadagidze applied to the Management of Russian Central Bank and reminded that the prerogative of the National Bank of Georgia is to comply with its jurisdiction and control banking on the whole territory of Georgia. Thus, any sort of illicit cooperation of Russian banks with the bank institutions operating on the territory of Abkhazia is a gross violation of international law standards. If Russian Central Bank does not take appropriate measures, the Georgian party applies to the FATF (Financial Action Task Force on Money Laundering) specifying that Russia’s good name can be sullied in international banking circle.   One of the key roles in struggle with legalization of illicit income is performed by international organization FAFT created at the economic session of the great seven countries in Paris in July 1989 (the organization unites 26 member state and two international organizations), whose purpose, as provided under the Convention, is to combat illicit income related to narcotic drugs. This organization developed the well-recognized Forty Recommendations to fight legalization of illicit income. Like other recommendations, the goal of these recommendations is to assist FATF member countries introduce and apply the already developed recommendations to national laws. This especially touches the banking, criminal and international cooperation matters.