The Banking Supervision Committee reviewed 29 issues during meetings held in March 2026, with 17 of these focusing on registration and licensing matters, including amendments to the charters of credit institutions, approvals for share ownership in statutory funds, submission of audit qualification certificates, and consideration of candidates for supervisory board and management positions, highlighting ongoing regulatory oversight in Uzbekistan's financial sector.
Additionally, the regulator discussed 12 issues related to the financial condition of credit organizations, such as compliance with Central Bank instructions and prudential norms, results of inspections and studies, and testing within the "regulatory sandbox" framework, underscoring efforts to maintain financial stability and adherence to standards.
The committee issued warnings to 17 banks for non-compliance with prudential regulations and failure to align activities with legislative requirements, and imposed fine sanctions on 20 banks, 89 microfinance organizations, and 79 pawnshops due to full non-compliance with legislative demands and deficiencies identified during audits, reflecting stringent measures to enforce order and accountability in the banking system.
Source: www.gazeta.uz