Drafting the Code: Who drafts the code? November 25, 2009 Association of Banks of Georgia

Selecting the Drafter Experts and Specialists from different institutions and organizations ABG National Bank IFC Stock Exchange

Nature of CG Code Obligatory or Voluntarily Who is the owner of the code Task Force

Leading the Task Force Involve representatives from regulators in the task force Ask for comments from the banks Periodical meeting of the task force (also inviting bank representatives in needed to discuss issues they raised)

International Experts GCGF involvement: 4 independent specialist reviewed the draft code