The Parliament of Georgia considered the Draft Law on De-oligarchization and adopted it in the second reading with 81 - in favor, 2 - against.

The Draft Law was edited in April, based on the interim recommendations of the Venice Commission.

According to the Draft Law, the issue of recognizing a person as an oligarch shall be decided by the Anti-Corruption Bureau instead of the Government. The Anti-Corruption Bureau shall start the procedure of recognizing a person as an oligarch on its own initiative, or on the basis of an appeal from a member of the Government, a permanent member of the National Security Council, the National Bank, the State Security Service or the National Communications Commission.

The Venice Commission published its final opinion on the Draft Law on De-oligarchization. According to the Venice Commission, the Draft Law should not be adopted and there should be no deviation from the “systemic” approach.