Amendments and Additions to the Regulation on the Registration and Licensing of Credit Bureaus

Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on April 23, 2025, registration number 3042-5

Date of Entry into Force

July 26, 2025

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[ OKOB: 1. 07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.23.00.00 Other Credit Institutions / 07.23.03.00 Other Credit Organizations; 2. 21.00.00.00 Comprehensive Documents on Amendments and Additions / 21.04.00.00 Departmental Normative Legal Documents] [ TSZ: 1. Finance / Banks and Other Credit Institutions. Credits]

RESOLUTION OF THE BOARD OF THE CENTRAL BANK OF THE REPUBLIC OF UZBEKISTON

On Amendments and Additions to the Regulation on the Registration of Credit Bureaus and the Procedure for Licensing Their Activities

[Registered by the Ministry of Justice of the Republic of Uzbekistan on April 23, 2025, registration number 3042-5]

In accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" and No. URQ-1043 dated March 4, 2025 "On Credit Information Exchange", aimed at further improving relations in the credit sector, the Board of the Central Bank of the Republic of Uzbekistan resolves:

1. Amendments and additions to the Regulation on the Registration of Credit Bureaus and the Procedure for Licensing Their Activities, approved by Resolution No. 16/23 of the Board of the Central Bank of the Republic of Uzbekistan dated April 28, 2018 (registration number 3042, July 25, 2018) (National Database of Legislative Acts, July 25, 2018, No. 10/18/3042/1573), shall be made in accordance with the Appendix.

2. This resolution has been coordinated with the Ministry of Digital Technologies of the Republic of Uzbekistan and the Chamber of Commerce and Industry of the Republic of Uzbekistan.

3. This resolution shall enter into force three months after the date of its official publication.

Chairman T. ISHMETOV

Tashkent city,

April 11, 2025,

No. 9/3

Agreed:

First Deputy Minister of Digital Technologies O. UMAROV

April 2, 2025

Chairman of the Chamber of Commerce and Industry of the Republic of Uzbekistan D. VAKHABOV

March 28, 2025

APPENDIX

To Resolution No. 9/3 of the Board of the Central Bank of the Republic of Uzbekistan dated April 11, 2025

Amendments and Additions Being Made to the Regulation on the Registration of Credit Bureaus and the Procedure for Licensing Their Activities

1. Paragraphs 5, 6, and 21 shall be supplemented with the word "(founder)" after the word "founders".

2. Paragraph 6-1 shall be added with the following content:

"6-1. The minimum amount of the authorized fund (authorized capital) of a credit bureau must be two billion soums."

3. In paragraph 19:

the second bullet point shall be stated in the following wording:

"the minutes of the general meeting of founders on the establishment of a credit bureau or the decision of a single founder on the establishment of a credit bureau;";

the fourth bullet point shall be supplemented with the word "(founder)" after the word "founders";

the sixth bullet point shall be supplemented with the words "(authorized capital)" after the words "authorized fund";

the seventh bullet point shall be stated in the following wording:

"The application may indicate the email address of the founders (founder). The indication of the email address in the application is considered consent to receive a notification about the decision made on this application in electronic form through the information system."

(, April 25, 2025, No. 10/25/3042-5/0380)