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Ministry of Justice

Republic of Uzbekistan

On October 4, 2022 No. 3391

RESOLUTION OF BOARD OF CENTRAL BANK OF THE REPUBLIC OF UZBEKISTAN

of August 30, 2022 No. 19/14

About approval of the Regulations on procedure for introduction by the Central bank of the Republic of Uzbekistan for special legal regime in the field of financial services

According to the Law of the Republic of Uzbekistan "About the Central bank of the Republic of Uzbekistan" the Board of the Central bank of the Republic of Uzbekistan DECIDES:

1. Approve Regulations on procedure for introduction by the Central bank of the Republic of Uzbekistan for special legal regime in the field of financial services according to appendix.

2. This resolution becomes effective from the date of its official publication.

Chairman of the Central bank

M. Nurmuratov

Appendix

to the Resolution of Government of the Central bank of the Republic of Uzbekistan of August 30, 2022 No. 19/14

Regulations on procedure for introduction by the Central bank of the Republic of Uzbekistan for special legal regime in the field of financial services

This Provision determines procedure for introduction and cancellation by the Central bank of the Republic of Uzbekistan (further - the Central bank) special legal regime in the field of financial services (further - "regulatory sandbox"), and also implementation of activities within this mode.

Chapter 1. General provisions

1. In this Provision the following basic concepts are used:

the statement - the legal entity - the resident of the Republic of Uzbekistan who submitted in the Central bank the application for approbation of new financial transactions, technologies and services (further - financial service);

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