National Venture Fund is being created in Uzbekistan
On November 3, 2020, the Cabinet of Ministers adopted a Resolution “On measures to organize the activities of the National Venture Fund “UzVC”” No.ПКМ-684.
Fitch Ratings assigned “BB- (EXP)” rating to debut Eurobonds of Ipoteka-Bank
Fitch Ratings has assigned an expected Long-term rating of 'BB- (EXP)' to the upcoming issue of Ipoteka-Bank's senior unsecured US dollar-denominated Eurobonds.
The procedure for licensing activities in the field of atomic energy has been determined in Uzbekistan
On October 28, 2020, the Cabinet of Ministers adopted Resolution No.663 “On Approval of the Regulation on the Procedure for Licensing Activities in the Field of Atomic Energy Use” (the “Resolution No.663”).
Licensing procedure for credit bureaus changed in Uzbekistan
The Resolution of the Board of the Central Bank, registered under No.3042-2 dated November 6, 2020 amended the Regulation “On the procedure for registration and licensing of credit bureaus” (the “Regulation”).
In Uzbekistan a Presidential Decree on reforming enterprises with State participation and the privatization of State assets has been adopted
In the framework of the Presidential Decree No.УП-6096 “On measures to accelerate the reform of enterprises with the State participation and the privatization of state assets” dated October 28, 2020 (the “Decree No.УП-6096”), the following lists were approved
20.11.2020
According to the Presidential Decree "On measures to further improve the efficiency of the use of land resources and state property objects" No.УП-6027 dated July 15, 2020, the benefits provided by the Tax Сode are canceled.