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28.06.2022
Uzbekistan adopts new Law on Advertising
On June 7, 2022, the President of the Republic of Uzbekistan signed the Law “On Advertising” No. ЗРУ-776 (the “Law on Advertising”).
19.05.2022
Uzbekistan introduces changes to the procedure for considering cases in economic courts
On May 16, 2022, the President of the Republic of Uzbekistan signed the Law “On amendments and additions to certain legislative acts of the Republic of Uzbekistan in connection with the adoption of the Law “On International Commercial Arbitration”” No. ЗРУ-769 (the “Law No. ЗРУ-769”).
19.05.2022
Uzbekistan adopts Cybersecurity Law
The Law of the Republic of Uzbekistan “On Cybersecurity” No. ЗРУ-764 dated April 15, 2022 (the “Cybersecurity Law”) will enter into force on July 17, 2022. The Cybersecurity Law consists of 40 articles and is intended to regulate relations in the field of cybersecurity.
19.05.2022
Uzbekistan introduces a simplified procedure for applying the customs regime “processing on the customs territory”
Decree of the President of the Republic of Uzbekistan “On additional measures to simplify the application of the customs regime “processing on the customs territory”” No. УП-115 dated April 25, 2022 (the “Decree No. УП-115”) introduced a procedure, in accordance with which from May 1, 2022
The Law on non-banking credit organizations and microfinance activities has been adopted in Uzbekistan
On April 20, 2021, the President signed the Law of the Republic of Uzbekistan “On non-banking credit organizations and microfinance activities” No.ЗРУ-765 (the “Law No.ЗРУ-765”). The purpose of Law No.ЗРУ-765 is to regulate relations in the field of activities of non-banking credit organizations and microfinance activities.
Uzbekistan takes measures to support the capital market
Resolution of the President “On additional measures to introduce effective mechanisms to support the capital market” No.ПП-90 dated January 17, 2022 (the “Resolution No.ПП-90”) establishes that from April 1, 2022 to December 31, 2024