Republic of Uzbekistan

Politics and economy

Uzbekistan is a rule-of-law democratic state. The head of state is the president. The supreme state representative body is the Oly Mazhlis of the Republic of Uzbekistan.

The country's top industries are gold-mining and cotton production.

Uzbekistan exports cotton, gold, natural gas, mineral fertilizers, metals, textiles, food and cars. The country imports mainly industrial and chemical products as well as food and metals. Russia (21%) is its main trading partner.

Uzbekistan has a traditional bilevel banking system headed by the Central Bank of the Republic. The national currency of Uzbekistan is the sum.

National AML/CFT regime

Integration of the Republic of Uzbekistan into the global economy depends on a number of steps being taken to improve the country’s national regime for combating the legalization of criminal proceeds and terrorist financing (AML/CFT) in compliance with international standards.

In 2004 the Parliament adopted the Law on AML/CFT, which entered into force in 2006.

In April 2009 the Parliament of Uzbekistan adopted a new version of the Law On Combating the Legalization of Criminal Income and Terrorist Financing, which was signed by the president. Experts from the International Monetary Fund, the World Bank and the UN Office on Drugs and Crime assisted in drafting the law.

The country’s financial intelligence unit (FIU) is the Department on Combating Fiscal and Foreign Currency Crimes and Money Laundering under the Uzbekistani General Prosecutor’s Office, founded by a government decree of 6 July 2001.

Initially, the department was created as a tax enforcement body. By a Cabinet of Ministers decree of 28 November 2002 it was transformed into the Department on Combating Fiscal and Currency Crimes and was tasked with enforcing currency laws.

In 2006 it was transformed into the Department on Combating Fiscal and Foreign Currency Crimes and Money Laundering. The department is a law-enforcement-type financial intelligence unit and has a number of tasks related to combating money laundering and terrorist financing as well as tax and currency crimes and recovering losses associated with these crimes.
The head of the department is equal in status to the General Prosecutor is appointed by the President of the Republic of Uzbekistan. Mr. Akmalhuja Mavlonov - head of the Department. 

Cooperation with the EAG

Uzbekistan joined the EAG as a member state in 2005. Before that the country had an observer status.
The EAG mutual evaluation mission of Uzbekistan took place in 2009. The mutual evaluation report was approved by the 12th EAG Plenary. 

The 22nd EAG Plenary meeting was held in Uzbekistan in May 2015.


    Upcoming events

    EAG in the news

    On participation in the FATF Plenary meeting in Paris The Russian interagency delegation headed by Rosfinmonitoring Director Yu. A. Chikhanchin took part in the Plenary meeting of the Financial Action Task Force (FATF) on February 18-23, 2018, in Paris.
    Regular meeting of Permanent Interdepartmental Commission on AML / CFT / PMDWD issues On February 20, 2018, a regular meeting of the Permanent Interdepartmental Commission (hereinafter referred to as the Commission) on AML/CFT/PMDWD issues was held in the National Bank of Tajikistan under the leadership of Assistant to the President of the Republic of Tajikistan for Legal Affairs Mr. Vatanzod M.M.
    Preparation for 2nd round of AML/CFT/PWMDFP mutual assessments During the period from 12 to 14 February, 2018, it was hosted a training for competent authorities and representatives of private sector of the Republic of Tajikistan in the National Bank of Tajikistan in preparation for the forthcoming mission of experts of the 2nd round of mutual assessments of the EAG on combating money laundering and terrorism financing.
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