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This article examines the legal framework governing financial activities in Uzbekistan. Through a review of key legislation, regulations, and reforms, it analyzes how Uzbekistan's laws enable and regulate banking, capital markets, insurance, and other financial sector operations. The findings show that Uzbekistan has established a comprehensive legal basis for finance that aligns with international standards while accounting for local economic conditions. Recent legal reforms have liberalized the financial sector and enhanced regulatory oversight. However, some gaps remain in consumer protection, information disclosure, and institutional capacity. The article concludes with recommendations to further strengthen Uzbekistan's financial legal infrastructure

  • Read count 26
  • Date of publication 05-07-2024
  • Main LanguageIngliz
  • Pages541-547
English

This article examines the legal framework governing financial activities in Uzbekistan. Through a review of key legislation, regulations, and reforms, it analyzes how Uzbekistan's laws enable and regulate banking, capital markets, insurance, and other financial sector operations. The findings show that Uzbekistan has established a comprehensive legal basis for finance that aligns with international standards while accounting for local economic conditions. Recent legal reforms have liberalized the financial sector and enhanced regulatory oversight. However, some gaps remain in consumer protection, information disclosure, and institutional capacity. The article concludes with recommendations to further strengthen Uzbekistan's financial legal infrastructure

Ўзбек

Ushbu maqolada O‘zbekistondagi moliyaviy faoliyatni tartibga soluvchi Qonunchilik asoslari ko'rib chiqilgan. Asosiy Qonunchilik, me’yoriy hujjatlar va islohotlarni ko‘rib chiqish orqali O‘zbekiston qonunlari bank, kapital bozori, sug‘urta va boshqa moliya sektori operatsiyalarini qanday amalga oshirishi va tartibga solishini tahlil qiladi. Natijalar shuni ko‘rsatadiki, O‘zbekistonda mahalliy iqtisodiy sharoitlarni hisobga olishda xalqaro standartlarga mos keladigan moliyalashtirishning keng qamrovli huquqiy asoslari yaratilgan. So‘nggi huquqiy islohotlar moliya sektorini erkinlashtirdi va tartibga solish nazoratini kuchaytirdi. Biroq, ba’zi bo‘shliqlar iste'molchilar huquqlarini himoya qilish, axborotni oshkor qilish va institutsional imkoniyatlarda qolmoqda. Maqola O‘zbekistonning moliyaviy huquqiy infratuzilmasini yanada mustahkamlash bo'yicha tavsiyalar bilan yakunlanadi

Русский

В этой статье рассматривается правовая база, регулирующая финансовую деятельность в Узбекистане. На основе обзора ключевых законодательных актов, нормативных актов и реформ анализируется, каким образом законы Узбекистана позволяют осуществлять банковскую деятельность, деятельность на рынках капитала, страховую деятельность и другие операции финансового сектора и регулируют их. Результаты исследования показывают, что в Узбекистане создана всеобъемлющая правовая база в области финансов, которая соответствует международным стандартам и учитывает местные экономические условия. Недавние правовые реформы привели к либерализации финансового сектора и усилению надзора со стороны регулирующих органов. Тем не менее, сохраняются некоторые пробелы в защите прав потребителей, раскрытии информации и институциональном потенциале. Статья завершается рекомендациями по дальнейшему укреплению финансово-правовой инфраструктуры Узбекистана

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