Approval of Internal Control Rules for Combating Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction in Commercial Banks

Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office of the Republic of Uzbekistan, registered on May 23, 2017, Registration No. 2886

Date of Entry into Force

August 30, 2017

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OKOZ:
1.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.01.00.00 General Rules of the Financial System;
2.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.30.00.00 Combating Money Laundering and Terrorist Financing / 07.30.01.00 Measures Directed at Combating Money Laundering and Terrorist Financing;
3.
16.00.00.00 Security and Law Enforcement / 16.04.00.00 Public Security / 16.04.10.00 Combating Terrorism and Religious Extremism]
[
TSZ:
1.
Finance / General Issues;
2.
Defense and National Security / Combating Terrorism and Religious Extremism]

Board of the Central Bank of the Republic of Uzbekistan Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office of the Republic of Uzbekistan

Resolution

See previous edition.

On Approval of Internal Control Rules for Combating Money Laundering from Criminal Activities, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction in Commercial Banks

(as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

[Registered by the Ministry of Justice of the Republic of Uzbekistan on May 23, 2017, Registration No. 2886]

In accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan", "On Banks and Banking Activity", "On Bank Secrecy", and "On Combating Money Laundering and Terrorist Financing", the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office of the Republic of Uzbekistan resolve:

See previous edition.

The Internal Control Rules for Combating Money Laundering from Criminal Activities, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction in Commercial Banks are approved in accordance with the Appendix.

(Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

The Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office of the Republic of Uzbekistan No. 328-B and No. 20 dated October 2, 2013 "On Approval of Internal Control Rules for Combating Money Laundering and Terrorist Financing in Commercial Banks" (Registration No. 2528, November 21, 2013) (Collection of Legislation of the Republic of Uzbekistan, 2013, No. 47, Article 623) is deemed to have lost its force.
This Resolution shall enter into force three months after the date of its official publication.

Chairman of the Central Bank F. MULLAJONOV

Tashkent city,

April 17, 2017,

No. 343-B

Head of the Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office Z. DUSANOV

Tashkent city,

April 17, 2017,

No. 14

APPENDIX
To the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Crimes Related to Taxes, Currency, and Money Laundering under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V and No. 14 dated April 17, 2017

See previous edition.

Internal Control Rules for Combating Money Laundering from Criminal Activities, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction in Commercial Banks

(Appendix title as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

See previous edition.

These Rules are adopted in accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan", "On Banks and Banking Activity", "On Bank Secrecy", and "On Combating Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction" to organize and implement internal control in commercial banks for combating money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction, as well as to establish the procedure for suspending transactions of persons included in the list of persons involved or suspected of involvement in terrorist activities or proliferation of weapons of mass destruction, suspending the use of funds or other property, permitting the use of suspended property, and restoring transactions.

(Preamble as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

Chapter 1. General Provisions

The following basic concepts are used in these Rules:

See previous edition.

commercial bank — a bank, including a microfinance bank, that is a resident of the Republic of Uzbekistan and holds a license for the relevant type of activity;

(Second paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, dated May 08, 2026). Date of Entry into Force — August 09, 2026)

See previous edition.

internal control — the activity of a commercial bank regarding due diligence of customers, management of risks related to money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction, detection of suspicious and questionable transactions, and detection of transactions related to persons involved or suspected of involvement in terrorist or weapons of mass destruction proliferation activities;

(Third paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

See previous edition.

Internal Control Service — a special subdivision of a commercial bank responsible for managing the internal control system of the commercial bank;

(Fourth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, dated April 03, 2023))

responsible employee — a person responsible for the implementation of internal control at a branch of a commercial bank;

Employees of the Internal Control Service — employees of the Internal Control Service at the head office of a commercial bank responsible for the implementation of internal control, the responsible employee at a branch of a commercial bank, or the head and employees of the Internal Control Service;

See previous edition.

internal control system of a commercial bank — a set of organizational structure, methodology, and procedures aimed at compliance with the requirements of legislative acts in the field of combating money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction;

(Seventh paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, dated April 03, 2023))

See previous edition.

internal documents — documents regulating the activity of a commercial bank and approved by its management in accordance with legislative acts;

(Eighth paragraph of Paragraph 1 as amended by the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, dated November 30, 2021))

internal rules — an internal document establishing the procedure for organizing and implementing internal control in a commercial bank and its branches;

See previous edition.

special authorized state body — the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan;

(Tenth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-B-2 and No. 42 dated September 24, 2018 (Registration No. 2886-2, dated October 25, 2018) — National Database of Legislative Acts of the Republic of Uzbekistan, October 26, 2018, No. 10/18/2886-2/2103 — enters into force from January 27, 2019)

customer — a physical or legal person who has applied to a commercial bank with an order (application, request) regarding the execution of an operation related to funds or other property;

See previous edition.

beneficial owner — a physical person(s) exercising ultimate control over a customer or owning them directly or indirectly, as well as a physical person on whose behalf an operation is being carried out;

(Twelfth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, dated May 08, 2026). Date of Entry into Force — August 09, 2026)

operation participants — customers, their representatives, and partners of the customer participating in the operation;

See previous edition.

questionable transaction — a transaction carried out during the process of conducting internal control, which raises suspicion in a commercial bank that it was carried out for the purpose of money laundering from criminal activities, terrorist financing, and/or financing of proliferation of weapons of mass destruction, until a decision is made to include it in the category of suspicious transactions (or not to include it);

(Fourteenth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

See previous edition.

suspicious transaction — a transaction that is in the process of preparation, commission, or has been committed, and during which a suspicion arises in a commercial bank at the time of conducting internal control that it was carried out for the purpose of money laundering from criminal activities, terrorist financing, and/or financing of proliferation of weapons of mass destruction;

(Fifteenth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

one-time transactions — transactions carried out on a one-time basis, not repeated for at least one month, by customers without opening a bank account;

due diligence of a customer — the process of continuous study to verify the identity and authority of a customer and the persons on whose behalf the work is being done, identify the beneficial owner of the customer, and check the practical business relations and transactions carried out by the customer for their consistency with information about such a customer and their activity;

See previous edition.

identification of a customer — the clarification of information about customers by a commercial bank for the purpose of due diligence of a customer, based on documents provided by them, open sources, and additional confirmed information available in databases;

(Eighteenth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-5 and No. 9 dated February 26, 2020 (Registration No. 2886-5, dated March 17, 2020) — National Database of Legislative Acts of the Republic of Uzbekistan, March 17, 2020, No. 10/20/2886-5/0326)

See previous edition.

identification of a customer's beneficial owner — the determination by a commercial bank of the owner of a customer that is a legal entity, including the person controlling it, by understanding the ownership and management structure based on constituent documents (charter and/or founding agreement, statute) established by legislative acts;

(Nineteenth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, dated May 08, 2026). Date of Entry into Force — August 09, 2026)

See previous edition.

countries not participating in international cooperation in the field of combating money laundering and terrorist financing — high-risk countries and territories for which the Financial Action Task Force (hereinafter referred to as FATF) has issued official statements calling for measures to be taken, due to the existence of strategic deficiencies in their systems for combating money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction, which pose a threat to the international financial system;

(Twentieth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, dated May 08, 2026). Date of Entry into Force — August 09, 2026)

See previous edition.

countries under enhanced monitoring — countries and territories indicated in official statements of FATF as being under enhanced monitoring, which have undertaken to eliminate identified strategic deficiencies in their regimes for combating money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction within a specified timeframe, and which have been actively cooperating with FATF;

(Twenty-first paragraph added to Paragraph 1 based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, dated May 08, 2026), dated May 08, 2026. Date of Entry into Force — August 09, 2026)

offshore zone — countries and territories that provide a preferential tax regime and/or do not disclose or provide information about financial transactions;

See previous edition.

risk — the risk of customers carrying out transactions for the purpose of money laundering from criminal activities, terrorist financing, and financing of proliferation of weapons of mass destruction;

(Twenty-second paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, dated February 20, 2019) — National Database of Legislative Acts of the Republic of Uzbekistan, February 20, 2019, No. 10/19/2886-3/2654)

distance services — banking services for conducting transactions using programs that allow a customer to carry out a transaction without visiting a commercial bank;

See previous edition.

senior officials — persons who are permanently, temporarily, or specifically appointed or elected to perform organizational and managerial functions and are authorized to perform actions of legal significance in the legislative, executive, administrative, or judicial bodies of a foreign state, including their military structures, or in an international organization, as well as senior managers of foreign state enterprises, prominent politicians of a foreign state, and prominent members of political parties (including former);

(Twenty-fourth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-6 dated November 6, 2020 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 24 dated November 3, 2020 (Registration No. 2886-6, dated December 25, 2020) — National Database of Legislative Acts of the Republic of Uzbekistan, December 25, 2020, No. 10/20/2886-6/1666)

freezing of funds or other property — the prohibition of transferring, converting, managing, or moving funds or other property;

suspending transactions — the suspension of execution of orders regarding the transfer, conversion, transfer of ownership and use to other persons of a customer's funds or other property, as well as the performance of other actions of legal significance;

person involved or suspected of involvement in terrorist activities — a legal or physical person involved or suspected of involvement in terrorist activities, a legal or physical person who is the direct or indirect owner or controller of an organization carrying out or suspected of carrying out terrorist activities, as well as a legal person owned or controlled by a physical person or organization involved or suspected of involvement in terrorist activities;

person involved or suspected of involvement in the proliferation of weapons of mass destruction — a physical or legal person identified by resolutions of the UN Security Council aimed at preventing the proliferation of weapons of mass destruction, recognized by the Republic of Uzbekistan, and other international legal documents;

List — a list of persons involved or suspected of involvement in terrorist activities or proliferation of weapons of mass destruction, compiled by the special authorized state body based on information provided by state bodies carrying out combating terrorism and proliferation of weapons of mass destruction, other authorized bodies of the Republic of Uzbekistan, as well as information provided through official channels by authorized bodies of foreign states and international organizations.

See previous edition.

third party — organizations specified in Article 12 of the Law of the Republic of Uzbekistan "On Combating Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction" that are registered in the Republic of Uzbekistan and carry out operations related to funds or other property;

(Thirtieth paragraph of Paragraph 1 as amended by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-6 dated November 6, 2020 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 24 dated November 3, 2020 (Registration No. 2886-6, dated December 25, 2020) — National Database of Legislative Acts of the Republic of Uzbekistan, December 25, 2020, No. 10/20/2886-6/1666)

See previous edition.

foreign structure not constituting a legal entity — an organizational structure established in accordance with the legislation of a foreign state without constituting a legal entity, which has the right to carry out activities aimed at obtaining income (profit) for the benefit of its participants (partners, settlors, or other persons) or other beneficiaries (funds, partnerships, companies, trusts, collective investments, and/or other forms of fiduciary management);

(Thirty-first paragraph of Paragraph 1 as amended by the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, dated November 30, 2021))

See previous edition.

electronic wallet — software of the electronic money system that stores and allows the use of electronic money, microprocessor (chip) and software-hardware tools;

account — an accounting record containing a set of information about a customer in the bank's mobile application.

(Thirty-second and thirty-third paragraphs added to Paragraph 1 based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023 and the Resolution of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 ((Registration No. 2886-10, dated April 03, 2023), dated April 03, 2023)

See previous edition.

nominee — a physical or legal person appointed by a physical person (group of physical persons) or legal person to act on behalf of the organization in a certain capacity;

nominator — a physical person (group of physical persons) or legal person who instructs the nominee to act as a director or shareholder in their name directly or indirectly;

degree of accuracy — the indicator expressing the degree of matching of identification data of one of the participants in an operation in the automated information systems of a commercial bank with the identification data of persons in the Register during the comparison process; (Paragraph 1 was supplemented with a preamble based on the Resolution No. 343-B-13 dated February 28, 2025 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 12 dated February 14, 2025 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-number. Date of entry into force — July 10, 2025) See previous edition.

batch transfer
— a transfer consisting of several separate payments or transfers sent to one financial institution (commercial banks, payment system operators, payment organizations, etc.), intended at the end for one person or various persons.
(Paragraph 1 was supplemented with a preamble based on the Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-number. Date of entry into force — August 9, 2026)

The purpose of the internal control system of commercial banks is as follows:

effective detection and prevention of operations aimed at legalizing income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction;

preventing the intentional or unintentional involvement of a commercial bank in criminal activity, the entry into its charter fund (capital) of capital obtained as a result of criminal activity, as well as the entry of criminal persons into the management of a commercial bank;

identification, assessment, documentation and reduction of risks; See previous edition.

ensuring strict compliance with the requirements of legislative acts on combating the legalization of income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction.
(The fifth preamble of paragraph 2 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

See: Law of the Republic of Uzbekistan "On Combating the Legalization of Income Obtained from Criminal Activity, Financing of Terrorism and Proliferation of Weapons of Mass Destruction".

See previous edition.

The main tasks of the internal control system of commercial banks, regardless of whether they are carried out directly or through payment agents and/or payment sub-agents, include the following:
(The first preamble of paragraph 3 was replaced in the wording of the Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, 10/20/2886-6/1666-number)

identification and assessment of risks, taking appropriate measures to reduce them and documenting them;

implementation of adequate customer verification and identification measures, as well as regular updating and verification of information about customers and their beneficial owners;

identification of beneficial owners, taking appropriate measures to study their identity and determining the source of funds or other property used to carry out the operation; See previous edition.

deep monitoring of operations being carried out by senior officials, their family members and persons closely associated with senior officials; (The fifth preamble of paragraph 3 was replaced in the wording of the Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislative Acts, 17.03.2020, 10/20/2886-5/0326-number)

detection of suspicious and questionable operations in accordance with the procedure established by these Rules and internal documents;

timely submission of information (documents) about suspicious operations identified during the implementation of internal control to the specially authorized state body;

detection among participants in operations of persons involved or suspected of involvement in terrorist activities or proliferation of weapons of mass destruction by comparing with the Register;

immediate suspension without prior notice of operations of persons included in the Register, except for operations regarding crediting funds to the account of a legal or physical person, and/or freezing of funds or other property without using them; See previous edition.

ensuring confidentiality of information related to combating the legalization of income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction; (The tenth preamble of paragraph 3 was replaced in the wording of the Resolution No. 343-V-3 and No. 6 dated February 18, 2019 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-3, 20.02.2019) — National Database of Legislative Acts, 20.02.2019, 10/19/2886-3/2654-number) See previous edition.

ensuring the storage of information about operations, as well as materials on identification and adequate customer verification within the time limits established by legislation; (The eleventh preamble of paragraph 3 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

See: Article 21 of the Law of the Republic of Uzbekistan "On Combating the Legalization of Income Obtained from Criminal Activity, Financing of Terrorism and Proliferation of Weapons of Mass Destruction".

providing the management of a commercial bank with accurate information and materials necessary for making relevant decisions on an ongoing and regular basis; See previous edition.

formation of a database of information about persons related to customers who have carried out or attempted to carry out suspicious operations, including managers, founders, shareholders owning at least ten percent of the shares of the company, participants; as well as mutual exchange of such information with other commercial banks and state bodies in accordance with legislation; (The thirteenth preamble of paragraph 3 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

study of the internal control system of foreign banks when establishing correspondent relationships; See previous edition.\ntaking necessary measures specifically aimed at preventing the threat of illegal use of new technologies increasing the anonymity of operations, in particular the use of services of a commercial bank for the legalization of income obtained from criminal activity, financing of terrorism and/or financing of proliferation of weapons of mass destruction; (The fifteenth preamble of paragraph 3 was replaced in the wording of the Resolution No. 343-V-3 and No. 6 dated February 18, 2019 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-3, 20.02.2019) — National Database of Legislative Acts, 20.02.2019, 10/19/2886-3/2654-number) See previous edition.

identifying persons related to the legalization of income obtained from criminal activity, financing of terrorist activities and/or financing of proliferation of weapons of mass destruction from the customer database upon request.
(The sixteenth preamble of paragraph 3 was replaced in the wording of the Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislative Acts, 17.03.2020, 10/20/2886-5/0326-number)

To achieve the goals and objectives of the internal control system, the Internal Control Service performs functions in the following areas:
See previous edition.

taking measures provided for by legislative acts, these Rules, and internal documents to prevent the risk of use of services of a commercial bank in committing offenses related to the legalization of income obtained from criminal activity, financing of terrorism and/or financing of proliferation of weapons of mass destruction; (The second preamble of paragraph 4 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) See previous edition.

monitoring compliance with the requirements of legislative acts on combating the legalization of income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction, and internal documents by the commercial bank; (The third preamble of paragraph 4 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) See previous edition.

preparing and submitting proposals to management for consideration regarding the elimination of identified shortcomings and violations of non-compliance with the requirements of legislative acts on combating the legalization of income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction, and internal documents in the activities of a commercial bank; (The fourth preamble of paragraph 4 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

monitoring the elimination of errors and shortcomings in the organization and activities of the internal control system identified during inspections conducted by authorized representatives of the Central Bank of the Republic of Uzbekistan (hereinafter referred to as the Central Bank in the text), employees of the internal audit service of a commercial bank, external auditors, and employees of the specially authorized state body; See previous edition.

acting together with the Central Bank and the specially authorized state body on issues of organizing internal control, preventing and eliminating cases of violation by employees of legislative acts, the requirements of these Rules and internal documents.
(The sixth preamble of paragraph 4 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

See previous edition.

Each commercial bank must develop, approve at the bank's supervisory board, and implement a regulation that defines the duties, rights, and liabilities of the Internal Control Service based on legislative acts and these Rules.
(The first preamble of paragraph 5 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) This Regulation must reflect the following requirements for the Internal Control Service:

its goals and objectives;

methods to ensure its independence from other divisions of the commercial bank; See previous edition.

its relationship with the management of the commercial bank, including the supervisory board, its committees and executive body, as well as with other divisions, the internal audit service, payment agents and payment sub-agents, branch banks abroad, branches and representative offices; (The fifth preamble of paragraph 5 was replaced in the wording of the Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, 10/20/2886-6/1666-number) See previous edition.

the right to obtain the information necessary for performing its functions, as well as the obligation of employees of other divisions of the commercial bank and branch banks, foreign branches and representative offices, payment agents and payment sub-agents to cooperate on issues of providing such information; (The sixth preamble of paragraph 5 was replaced in the wording of the Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, 10/20/2886-6/1666-number) See previous edition.

the right to conduct studies of violations of the requirements of legislative acts and internal documents; (The seventh preamble of paragraph 5 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

the right to freely express and disclose received information to the Chairman of the Management Board of the commercial bank and, if necessary, to the Council of the commercial bank;

the obligation to submit a relevant report to the Chairman of the Management Board of the commercial bank; See previous edition.

the obligation to provide advice to the management board of the commercial bank on matters of compliance with legislative acts and international standards, including informing about changes in this area; (The tenth preamble of paragraph 5 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number)

qualification requirements and procedures for selecting employees;

the obligation to regularly undergo training in special courses to improve qualifications.
See previous edition.

5.1.
The Internal Control Service is considered independent from the heads of profit-oriented divisions of the bank in order to avoid any influence hindering the performance of its functions.
This independence is ensured by the following aspects:

Decisions on the appointment, dismissal, as well as evaluation of the activities and amount of remuneration (salary, bonuses, etc.) of the head and employees of the Internal Control Service are made only by the supervisory board;

The head of the Internal Control Service cannot have authority over managing the profit-oriented divisions of the bank and carrying out operations, nor financial liabilities, and holding combined positions is not allowed.
(Paragraph 5.1 was added based on the Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, 10/20/2886-6/1666-number)

Commercial banks must develop internal rules reflecting the following based on the requirements of these Rules:

the procedure for identifying, assessing, monitoring, managing, reducing and documenting risks and taking appropriate measures;

rules for adequate customer verification, including identification of customers and their beneficial owners, as well as continuous monitoring of customer operations;

the procedure for formalizing necessary information and ensuring its confidentiality; See previous edition.

the procedure for submitting information to the Head of the Internal Control Service at the headquarters of the commercial bank (hereinafter referred to as the Head of the Internal Control Service in the text) by employees of the Internal Control Service regarding evidence of violations of legislative acts on combating the legalization of income obtained from criminal activity, financing of terrorism and proliferation of weapons of mass destruction; (The fifth preamble of paragraph 6 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) See previous edition.

the procedure for interaction of the Internal Control Service with payment agents and payment sub-agents; (Paragraph 6 was supplemented with a sixth preamble based on the Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, 10/20/2886-6/1666-number)

qualification requirements related to staff training and education;

the procedure for detecting suspicious and questionable operations;

the procedure for preparing reports on suspicious operations and sending them to the specially authorized state body; See previous edition.

the procedure for detecting operations of persons included in the Register and immediately suspending such operations without prior notice (except for operations regarding crediting funds to the account of a legal or physical person), and/or freezing funds or other property without using them, as well as permanent control and monitoring of suspended operations and frozen funds or other property; (The tenth preamble of paragraph 6 was replaced in the wording of the Resolution No. 343-B-13 dated February 28, 2025 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 12 dated February 14, 2025 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-number. Date of entry into force — July 10, 2025)

the procedure for sending applications from persons included in the Register requesting permission to use frozen funds or other property to the specially authorized state body;

the procedure for accounting and monitoring customers belonging to the category of high risk, as well as monitoring operations of such customers; See previous edition.

the procedure for entering into practical work relations with senior officials, their family members and persons closely associated with senior officials, and deep monitoring of operations being carried out by them; (The twelfth preamble of paragraph 6 was replaced in the wording of the Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislative Acts, 17.03.2020, 10/20/2886-5/0326-number) See previous edition.

measures aimed at preventing the use of technological achievements for the purposes of legalizing income obtained from criminal activity, financing of terrorism and/or financing of proliferation of weapons of mass destruction; (The thirteenth preamble of paragraph 6 was replaced in the wording of the Resolution No. 343-V-3 and No. 6 dated February 18, 2019 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-3, 20.02.2019) — National Database of Legislative Acts, 20.02.2019, 10/19/2886-3/2654-number)

measures taken in cases where cross-border currency transfers are detected where the required information about the recipient and/or sender is missing; See previous edition.

risk-based investigation procedures aimed at evaluating the suitability of candidates for employment in terms of position relevance when hiring employees, related to combating the legalization of income obtained from criminal activity and financing of terrorism; (Paragraph 6 was supplemented with a sixteenth preamble based on the Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-number. Date of entry into force — August 9, 2026) See previous edition.

other rules not contrary to legislative acts.
(The sixteenth preamble of paragraph 6 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) See previous edition.

Internal rules must comply with the requirements of these Rules and other legislative acts, and be drawn up based on identified risks and their assessment. Internal rules, amendments and additions to them are approved by the council of the commercial bank.
(The seventeenth preamble of paragraph 6 was replaced in the wording of the Order No. 20-mh dated November 30, 2021 of the Ministry of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-number) See previous edition.

Internal rules are mandatory for execution by payment agents and payment sub-agents, as well as all divisions and branch banks of the commercial bank.
(The eighteenth preamble of paragraph 6 was replaced in the wording of the Resolution No. 343-V-8 dated November 17, 2021 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 43 dated November 11, 2021 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-8, 27.12.2021) — National Database of Legislative Acts, 27.12.2021, 10/21/2886-8/1201-number)

Internal control rules for branch banks, branches and representative offices of a commercial bank in foreign states are approved taking into account the legislation of the state registering them.
See previous edition.

6.1.
The internal rules of a banking group must include:

rules and procedures for exchanging information necessary for managing risks related to the legalization of income obtained from criminal activity, financing of terrorism and/or financing of proliferation of weapons of mass destruction, and for adequate customer verification;

ensuring compliance control, audit and/or anti-money laundering, counter-terrorism financing and counter-proliferation financing functions at the group level, ensuring the receipt of information about their customers, accounts and operations from branches and subsidiary enterprises when necessary for anti-money laundering, counter-terrorism financing and counter-proliferation financing purposes;

confidentiality and sufficient protection of the use of information.
(Paragraph 6-1 introduced based on the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) See previous edition.

6-2.
Banks must maintain an updated registry of payment agents and payment sub-agents that can be used by the competent authorities of the countries where they, their agents, and sub-agents operate.
(Paragraph 6-2 introduced based on the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registry No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.)

Chapter 2. Organization of the Internal Control System
See previous edition.

The internal control system of a commercial bank is organized taking into account the aspects of banking activities, the main directions of activity, agents, sub-agents, the customer base, and the level of risk associated with customers and their operations.
(Paragraph 7 in the edition of the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registry No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.)
The organizational structure of the internal control system of a commercial bank, including its branches, is determined by the resolution of the board of the commercial bank. The organizational structure of the internal control system of a commercial bank must be reviewed taking into account identified risks and their assessment, as well as in accordance with the requirements of the Central Bank.
The organizational structure of the internal control system of a commercial bank includes the Internal Control Service of the head office of the commercial bank, as well as the Internal Control Service or responsible employee in each branch of the commercial bank.

In the event that a commercial bank has a subsidiary bank, branch, and representative office abroad, the department responsible for implementing internal control in the subsidiary bank, branch, and representative office abroad is subordinate to the Internal Control Service of the head office of the commercial bank.

The Internal Control Service is formed with a sufficient number of employees to effectively achieve the goals of internal control and efficiently perform tasks.

The number of employees in the Internal Control Service must be formed taking into account risks.
See previous edition.

For commercial banks with 50 or more branches and/or bank service offices, the staff unit of the Internal Control Service at the head office must not be less than 10.
(The third paragraph of Paragraph 10 in the edition of the Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025 and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registry No. 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-no. Entry into force date — July 10, 2025)

See previous edition.

The head and employees of the Internal Control Service are included in the staff schedule of the head office of the commercial bank, and their salaries and payments equivalent to salary are made from the expenses of the head office of the commercial bank.
(The first paragraph of Paragraph 11 in the edition of the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registry No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.)

The head of the Internal Control Service must have higher economic or legal education and at least two years of managerial experience in the department of the commercial bank associated with the implementation of banking operations, or at least one year of work experience in the Internal Control Service.

A person appointed to the position of head or employee of the Internal Control Service:
See previous edition.

must know banking and financial legislation;
(The fifth paragraph of Paragraph 11 in the edition of the Order No. 20-mh of the Ministry of Justice of the Republic of Uzbekistan dated November 30, 2021 (Registry No. 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-no.)
See previous edition.

must know international standards for combating the legalization of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction; (The fifth paragraph of Paragraph 11 in the edition of the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registry No. 2886-3, 20.02.2019) — National Database of Legislation, 20.02.2019, 10/19/2886-3/2654-no.)

must have knowledge of accounting rules and must regularly undergo special training courses for professional development.
See previous edition.

Only one of the bank's management members can be appointed as the head of the Internal Control Service.
(Paragraph 11 supplemented with the seventh paragraph based on the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023 and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (Registry No. 2886-10, 03.04.2023) — , 04.04.2023, 10/23/2886-10/0189-no.)

The following persons cannot be appointed to the position of head or employee of the Internal Control Service:

persons who have demonstrated improper management of the entrusted department or failure to conscientiously conduct business in their activities and personal conduct; See previous edition.

persons previously criminally liable by a court for crimes related to the economy, management order, legalization of income from criminal activities, and financing of terrorism.
(The third paragraph of Paragraph 12 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

A commercial bank must notify the Central Bank about this within 10 (ten) working days after adopting a decision on forming the structure of the internal control system of the commercial bank and appointing the head of the Internal Control Service, attaching questionnaire data about the appointed persons.
The head and employees of the Internal Control Service have the right:

to request necessary management and accounting documents from the heads and employees of the departments of the commercial bank for the purpose of implementing internal control;

to make copies of documents obtained for the purpose of implementing internal control, obtain copies of files and other records stored in the electronic databases of the commercial bank, local computer networks, and autonomous computer systems;

to request and receive assistance from specialists of other departments of the commercial bank;

to enter the rooms of the departments of the commercial bank, as well as with the written permission of the Chairman of the Board of the commercial bank, enter rooms used for storing documents (archives), cash and valuables (cash vaults), computer data processing, and electronic data storage;

to submit a draft decision to suspend operations involving funds or other property of listed persons, excluding operations on accounts of legal and physical persons, to the Chairman of the Board or his authorized deputy; See previous edition.

to submit proposals to the Chairman of the Board of the commercial bank regarding future actions concerning customers' operations, including obtaining additional information or verifying existing information in accordance with legislative acts; (The seventh paragraph of Paragraph 14 introduced based on the Order No. 20-mh of the Ministry of Justice of the Republic of Uzbekistan dated November 30, 2021 (Registry No. 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-no.)

have the right to perform other actions in accordance with these Rules and internal documents.

The head and employees of the Internal Control Service do not have the right to sign or visa payment (settlement), credit, and accounting documents on behalf of the commercial bank.
The head and employees of the Internal Control Service are obliged in the performance of their duties:

to take necessary measures to achieve the goals assigned by these Rules and internal documents and perform tasks within their authority;

to ensure the storage and return of documents obtained from the relevant departments of the commercial bank;

to observe the confidentiality of information obtained in the performance of their duties;

to perform other obligations in accordance with these Rules and internal documents.

The head of the Internal Control Service is directly accountable to the Chairman of the Board of the commercial bank and is independent from other departments of the commercial bank.

Employees of the Internal Control Service are directly accountable to the head of the Internal Control Service.

Employees of the departments of the commercial bank assist in the implementation of the tasks of the Internal Control Service in accordance with these Rules and internal documents.
The procedure for interaction between employees of the departments of the commercial bank and the head or employees of the Internal Control Service is determined by internal documents.
See previous edition.
Commercial banks must regularly retrain employees to ensure that employees of the Internal Control Service, bank departments directly serving customers (responsible executives, cashiers, etc.), legal service, internal audit, and security service have access to the latest information, including modern methods, techniques, and directions of legalization of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction, and to clearly explain all aspects of legislative acts and obligations in combating the legalization of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction.
(Paragraph 20 in the edition of the Order No. 20-mh of the Ministry of Justice of the Republic of Uzbekistan dated November 30, 2021 (Registry No. 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-no.)

See previous edition.

The Internal Control Service, in cooperation with other relevant departments of the commercial bank, develops an annual program for training, retraining, and educating employees of the commercial bank on issues of combating the legalization of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction (hereinafter in the text referred to as the training program). This program must reflect the following:
(The first paragraph of Paragraph 21 in the edition of the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registry No. 2886-3, 20.02.2019) — National Database of Legislation, 20.02.2019, 10/19/2886-3/2654-no.)

the procedure for conducting training, its forms (primary briefing, planned, unplanned training) and deadlines;

the appointment of persons responsible for organizing training;

the procedure for testing employees' knowledge.

The training program is approved by the board of the commercial bank.

Chapter 3. Due Diligence of Customers

Commercial banks must independently take measures for due diligence of customers in the following cases:

a) in establishing economic and civil-law relations, including:
See previous edition.

when a legal or physical person applies to open a bank account (deposit); (The second paragraph of sub-paragraph 'a' of Paragraph 22 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) See previous edition.

when a physical person applies to obtain a bank card; (The third paragraph of sub-paragraph 'a' of Paragraph 22 in the edition of the Resolution No. 343-B-2, 42 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated September 24, 2018 (Registry No. 2886-2, 25.10.2018) — National Database of Legislation, 26.10.2018, 10/18/2886-2/2103-no. — enters into force from January 27, 2019)

when legal and/or physical persons apply to purchase securities issued by the commercial bank;

when legal and/or physical persons own shares in the amount equal to or exceeding one percent of the authorized capital of the commercial bank;

when a physical person applies to obtain a loan or use the service of storing valuables in bank deposit cells; See previous edition.

when a physical person applies to open an account through the bank mobile application; (Sub-paragraph 'a' of Paragraph 22 supplemented with a paragraph based on the Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025 and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registry No. 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-no. Entry into force date — July 10, 2025)

See previous edition.

b) in single operations, including those carried out by performing one or several interrelated operations, in the following cases:
(The first paragraph of sub-paragraph 'b' of Paragraph 22 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) See previous edition. (The second paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition. (The third paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition. (The fourth paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition. (The fifth paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition.

when customers withdraw cash foreign currency through bank cards issued by other banks from bank cashiers other than the bank's own, in an amount equal to or exceeding 100 times the base calculation amount; (The sixth paragraph of sub-paragraph 'b' of Paragraph 22 in the edition of the Resolution No. 343-V-4, 23 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated August 24, 2019 (Registry No. 2886-4, 17.10.2019) — National Database of Legislation, 17.10.2019, 10/19/2886-4/3932-no.) See previous edition.

when physical persons purchase foreign currency in an amount exceeding the equivalent of 500 US dollars; (The third paragraph of sub-paragraph 'b' of Paragraph 22 in the edition of the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026 and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registry No. 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-no. Entry into force date — August 9, 2026) See previous edition.

when carrying out operations in an amount equal to or exceeding 175 million UZS without opening a bank account or using a bank account; (The fourth paragraph of sub-paragraph 'b' of Paragraph 22 in the edition of the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026 and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registry No. 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-no. Entry into force date — August 9, 2026) See previous edition. (The fifth paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition. (The sixth paragraph of sub-paragraph 'b' of Paragraph 22 introduced based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition.

in the execution or receipt of money transfers provided for in the first paragraph of Paragraph 38-1 of these Rules.
(Paragraph 22 sub-paragraph 'b' supplemented with a paragraph based on the Resolution No. 343-V-8 of the Board of the Central Bank of the Republic of Uzbekistan dated November 17, 2021 and Resolution No. 43 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 11, 2021 (Registry No. 2886-8, 27.12.2021) — National Database of Legislation, 27.12.2021, 10/21/2886-8/1201-no.) See previous edition.

c) despite any exceptions established by these Rules, when there are suspicions of legalization of income from criminal activities and financing of terrorism; (The third paragraph of sub-paragraph 'c' of Paragraph 22 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

d) when there are doubts about the accuracy or sufficiency of previously obtained information about the customer.
See previous edition.

22-1. Payment agents and payment sub-agents may, if specified in the agency and/or sub-agency contract, check and identify the identity of the customer for the purpose of taking measures for due diligence of the customer, in compliance with the requirements of legislative acts on combating the legalization of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction. (Paragraph 22-1 in the edition of the Order No. 20-mh of the Ministry of Justice of the Republic of Uzbekistan dated November 30, 2021 (Registry No. 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-no.)

Measures taken by commercial banks for due diligence of customers must include:
See previous edition.

checking and identifying the identity of the customer; (The second paragraph of Paragraph 23 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) See previous edition.

identifying the person acting on behalf of the customer, checking their identity and authority based on relevant documents; (Paragraph 23 supplemented with the third paragraph based on the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

identifying the beneficial owner of the customer;

studying the purpose and nature of established business relations or planned operations; See previous edition.

conducting continuous study to check the business relations and operations carried out by the customer, their consistency with information about such a customer and the characteristics of their activity, risk, including the source of funds if necessary.
(The sixth paragraph of Paragraph 23 in the edition of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registry No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) See previous edition.

Commercial banks must use risk management systems to identify whether a customer or beneficial owner is a politically exposed person, and alongside the aforementioned measures for adequate customer due diligence, take appropriate measures regarding politically exposed persons participating as customers or beneficial owners:

(Seventh sub-paragraph of paragraph 23 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

verify information about the status of the politically exposed person and take appropriate measures to identify the sources of funds or other property involved in the transaction;
Previous edition.
enter into (or continue for existing customers) practical business relations with the politically exposed person only with the permission of the bank's chairman or its authorized deputy;
(Seventh sub-paragraph of paragraph 23 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)
regularly conduct in-depth monitoring of practical business relations.
Previous edition.

Commercial banks must also take the above measures regarding family members of politically exposed persons or persons closely associated with politically exposed persons.
Previous edition.

If there is no opportunity to conduct adequate customer due diligence, the commercial bank, including when acting through its payment agents and/or sub-agents, must notify the specially authorized state body and refuse to enter into business relations with such a customer or carry out such a customer's transactions, or terminate any practical business relations with them. (Twelfth sub-paragraph of paragraph 23 of the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.) Previous edition.

23-1. When legal entities and individual entrepreneurs whose founders are residents of the Republic of Uzbekistan apply for the opening of a bank account remotely during the state registration process, the measures for adequate customer due diligence specified in the second sub-paragraph of paragraph 23 of these Rules shall be carried out by the Centers for Public Services (hereinafter referred to as the registering authority in the text), and commercial banks may rely on the results of the measures taken. In this regard, commercial banks:

must have the opportunity to promptly obtain the necessary information regarding measures for adequate customer due diligence through the automated system for state registration and accounting of business entities; Previous edition.

must ensure that the registering authority complies with the requirements established by legislation for measures for adequate customer due diligence.
(Third sub-paragraph of paragraph 23-1 of the Order No. 20-mh of the Minister of Justice of the Republic of Uzbekistan dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117-no.)

If one of the requirements specified in the second and third sub-paragraphs of this paragraph is not met, commercial banks shall independently carry out measures for adequate customer due diligence.

When measures for adequate customer due diligence are carried out by the registering authority, commercial banks shall independently decide on entering into business relations with the customer based on their own risks. In this case, the bank account contract offer must indicate that measures for adequate customer due diligence may be carried out by commercial banks. (Paragraph 23-1 introduced on the basis of Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation, 20.02.2019, 10/19/2886-3/2654-no.) Previous edition.

23-2. Commercial banks may rely on the results of adequate customer due diligence carried out by third parties specified in the second through fourth sub-paragraphs of paragraph 23 of these Rules. In such cases, the final responsibility for the results of adequate customer due diligence remains with the commercial banks. In this regard, commercial banks:

must have the opportunity to promptly obtain the necessary information regarding measures for adequate customer due diligence (through electronic systems);

must have the opportunity to promptly obtain copies of identification information and other relevant documents regarding measures for adequate customer due diligence upon request;

must ensure that the third party operates on the basis of internal control rules for combating money laundering of income from criminal activities, financing of terrorism, and financing of weapons of mass destruction.

If one of the requirements specified in the second through fourth sub-paragraphs of this paragraph is not observed, commercial banks must independently carry out measures for adequate customer due diligence.

Commercial banks shall independently decide on entering into business relations with the customer based on their own risks and have the right to carry out measures for adequate customer due diligence.

Commercial banks must indicate in the contract and/or contract offer that measures for adequate customer due diligence may be carried out by commercial banks.
(Paragraph 23-2 introduced on the basis of Resolution No. 343-V-4 and No. 23 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated August 24, 2019 (Registration No. 2886-4, 17.10.2019) — National Database of Legislation, 17.10.2019, 10/19/2886-4/3932-no.) Previous edition.

If a customer or an operation carried out by the customer falls into the category of high risk, commercial banks must take the following enhanced measures for adequate customer due diligence regarding such a customer:
(First sub-paragraph of paragraph 24 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

collect and record additional confirmed information about the customer from open sources and databases;

obtain information from the customer about the sources of funds or other property for the operations carried out by them;

study the purposes of operations planned or carried out by this customer;

conduct constant monitoring of operations carried out by this customer.
Previous edition.

If it is not possible to carry out enhanced measures for adequate customer due diligence, specifically obtaining information from the customer about the sources of funds or other property for the operations carried out by them and/or studying the purposes of operations planned or carried out by this customer, the commercial bank must notify the specially authorized state body and refuse to enter into practical business relations with such a customer or carry out such a customer's transactions. (Paragraph 24 supplemented with a sub-paragraph on the basis of Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) Previous edition.

24-1. Commercial banks must determine the level of accuracy in information systems based on the risk level of each service or operation category.

The level of accuracy must be specified separately for each element of the identification information of the participants in the operation.
(Paragraph 24-1 introduced on the basis of Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025 and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registration No. 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-no. Entry into force date — July 10, 2025) Previous edition.

Identification of the customer and the customer's beneficial owner is carried out based on the information specified in Appendices 1 and 2 of these Rules, as well as documents and other necessary information serving as the basis for the execution of operations and other transactions.
(Paragraph 25 of the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.) Previous edition.
Identification of a physical person — customer by a commercial bank is carried out on the basis of an identity document or digital identification. In this case, the commercial bank, when identifying a physical person — customer:

if carried out on the basis of an identity document (biometric passport or ID card or other document replacing them), must familiarize itself with the original of this document or its electronic form provided through the Unified Interactive State Services Portal of the Republic of Uzbekistan and/or the "Social Card" mobile application;

if carried out on the basis of digital identification, must take measures established in the Regulation on the Procedure for Digital Identification of Customers (Registration No. 3322, September 30, 2021).
(Paragraph 26 of the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026 and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registration No. 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-no. Entry into force date — August 9, 2026) Previous edition.

When carrying out measures for adequate customer due diligence regarding legal entities and individual entrepreneurs, commercial banks must obtain from them:

relevant documents confirming the state registration of legal entities and individual entrepreneurs;

information about the heads of legal entities and information specified in the founding documents.

This information is obtained through the automated system for state registration and accounting of business entities; in the absence of the opportunity to obtain information from this system, it is obtained directly from the customer.
Previous edition.

Commercial banks must understand the nature of the economic activity of customers who are legal entities, as well as their ownership form and management structure.
(Fifth sub-paragraph of paragraph 27 introduced on the basis of Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026 and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registration No. 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473-no. Entry into force date — August 9, 2026)

During the process of adequate customer due diligence for legal entities, the commercial bank must identify the beneficial owner — a physical person who is the ultimate owner of the customer or controls the customer, and take appropriate measures to verify the identity of the beneficial owner using reliable source information, including studying the following information:

the customer's property and management structure;

information about the customer's founders (shareholders/participants owning at least ten percent of the company's shares/parts);

personal information of the physical person(s) who ultimately own(s) the share (at least ten percent) of the legal entity (if available);

if there is doubt that the person owning the controlling share is the beneficial owner, or if there are no persons exercising ownership rights over the share, the personal information of the person(s) exercising control over the legal entity by other means (if available).

If the measures taken by the commercial bank do not allow identifying the beneficial owner, the commercial bank must identify the person holding a senior management position and take appropriate measures to verify their identity.
(Paragraph 27 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) Previous edition.

27-1. If commercial banks identify that the customer's director or founders (shareholders, participants) are nominees during the process of adequate customer due diligence for legal entities, they must notify the specially authorized state body about this and about the nominator.
(Paragraph 27-1 introduced on the basis of Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025 and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registration No. 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318-no. Entry into force date — July 10, 2025)

If the customer or the customer's beneficial owner is a legal entity to which the requirements of normative legal documents on disclosure of information about ownership structure are applied, it is not required to identify and confirm the founders (shareholders, participants owning at least ten percent of the company's shares) of such a legal entity.
Previous edition.

29-1. The requirements established for legal entities apply to foreign structures that are not legal entities.
(Paragraph 29-1 introduced on the basis of Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.)

For the purpose of studying a legal entity — customer in detail, a commercial bank must pay special attention to:

the composition of the customer's founders (shareholders, participants owning at least ten percent of the company's shares), identifying persons owning more than 10 percent of the customer's authorized fund (capital);

the structure of the customer's management bodies and their powers;

the registered amount of the customer's authorized fund (capital).

All documents enabling the identification of the customer and other participants in the operation must be valid on the date they are submitted.
Previous edition.
(Paragraph 31 lost its force on the basis of Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)
If there are doubts about the reliability of information (documents) obtained from customers, commercial banks must take measures to verify (authenticate) this information (documents). In such cases, commercial banks may contact relevant organizations to clarify the reliability (truthfulness) of information (documents) about customers.
In establishing and carrying out representative relations with a non-resident bank, in addition to identifying the non-resident bank, the commercial bank must carry out the following:

collect information about it to have full information about the characteristics of the non-resident bank's business activities; Previous edition.

determine the reputation and supervision quality of the non-resident bank based on open information, including whether investigative actions have been or are being conducted regarding violations related to money laundering of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction, or whether measures have been taken against it by supervisory bodies; (Third sub-paragraph of paragraph 33 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) Previous edition.

evaluate the measures taken by the non-resident bank to combat money laundering of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction; (Fourth sub-paragraph of paragraph 33 introduced on the basis of Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.) Previous edition.

for "transit accounts" — obtain appropriate confirmation that the bank has taken measures for adequate customer due diligence regarding its customer who has direct access to accounts at the bank-correspondent bank, and that there is an opportunity to provide information obtained as a result of identification necessary for the customer upon request of the bank-correspondent; (Fifth sub-paragraph of paragraph 33 of the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation, 17.03.2020, 10/20/2886-5/0326-no.)

preserve all information about electronic payments when establishing relations with other banks for the purpose of carrying out transit transfers.
Previous edition.

ensure clear and full distribution of obligations between correspondents.
(Seventh sub-paragraph of paragraph 33 introduced on the basis of Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020 and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation, 25.12.2020, 10/20/2886-6/1666-no.)

The decision to establish representative relations with a non-resident bank is made by the board of the commercial bank.
Previous edition.

33-1. Commercial banks operating as transit financial institutions must preserve records of all information obtained from the sender's financial institution or another transit financial institution for at least five years in cases where technical restrictions prevent the preservation of required information about the sender and recipient related to internal electronic money transfers via international electronic transfers. (Paragraph 33-1 introduced on the basis of Resolution No. 343-V-7 and No. 33 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated June 29, 2021 (Registration No. 2886-7, 08.07.2021) — , 08.07.2021, 10/21/2886-7/0662-no.) Previous edition.

Commercial banks must ensure that international standards for combating money laundering of income from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction are applied by non-resident banks with which representative relations are being established.
(Paragraph 34 of the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation, 20.02.2019, 10/19/2886-3/2654-no.)
In the process of continuing representative relations with non-resident banks or their branch banks, subsidiaries, and representative offices located in the territory of states not participating in international cooperation in the field of combating money laundering of income from criminal activities and financing of terrorism, commercial banks must pay special attention to all operations carried out with them.
Commercial banks:

must take measures aimed at preventing the establishment of relations with non-resident banks for which there is information that their accounts are being used by banks without permanent management bodies operating in the territory of the states where they are registered;

may exchange payment details and other information related to these settlements with bank-correspondents in the course of international settlements;

must pay special attention to and conduct detailed analysis of operations related to international money transfers where information about the sender (surname, first name, patronymic of physical persons, name of legal entities, location (postal address) of the sender, and account number) has not been submitted or has been partially submitted;

Commercial banks must strengthen control over the activities of their own foreign subsidiary banks, branches, and representative offices located in states that are not participating in international cooperation in the field of combating money laundering and terrorist financing; See previous edition.

If there is no opportunity to take relevant measures to combat money laundering, terrorist financing, and the financing of weapons of mass destruction due to the existence of a ban in the legislation of the countries where their own foreign subsidiary banks, branches, and representative offices are located, they are obliged to provide information to the head office of the commercial bank. In turn, commercial banks must notify the Central Bank and the specially authorized state body about this and take appropriate additional measures to manage risks related to money laundering, terrorist financing, and/or the financing of weapons of mass destruction. (Paragraph 36 sixth bullet point edited by Order No. 20-mh dated November 30, 2021 of the Minister of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117) See previous edition.

Foreign subsidiary banks, branches, and representative offices of commercial banks, if the legislation of the country where they are located establishes lighter internal control measures than the internal rules of the commercial bank, must comply with the internal rules of the commercial bank in implementing measures to combat money laundering, terrorist financing, and the financing of weapons of mass destruction. (Paragraph 36 seventh bullet point edited by Order No. 20-mh dated November 30, 2021 of the Minister of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117)

When establishing and carrying out relations with companies providing services on international money transfer systems (hereinafter referred to as international money transfer systems in the text), in addition to identifying such an organization, the commercial bank must carry out the following:

collect information about it to have complete information about the nature of the partner's business activity regarding international money transfers; See previous edition.

determine the reputation of the organization, including whether investigations were conducted or not regarding deficiencies related to money laundering, terrorist financing, and the financing of weapons of mass destruction, based on open information; (Paragraph 37 third bullet point edited by Resolution No. 343-V-3 and No. 6 dated February 18, 2019 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, 10/19/2886-3/2654)

store all information about electronic payments.

The decision to establish representation relations with international money transfer systems is made by the board of directors of the commercial bank.

Commercial banks carrying out operations on international money transfers, including through international money transfer systems:
See previous edition.

must maintain records of their own divisions providing such services (payment agents, payment sub-agents, branches, departments, etc.) and employees of these divisions; (Paragraph 38 second bullet point edited by Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislation Information, 25.12.2020, 10/20/2886-6/1666)

carry out money transfer operations after subjecting physical person customers to adequate verification; See previous edition.

ensure that outgoing money transfers are sent with accurate information about the customer-sender (sender's name, address, taxpayer identification number or customer's identification number; if an account was used during the operation, its number or a unique operation number allowing tracking of the operation from sender to recipient; for physical persons — first name, last name, father's name, biometric passport or identification ID-card or another document replacing them, series and number, date of birth, and place of residence) and about the recipient (recipient's name, country and city, taxpayer identification number or customer's identification number; if an account was used during the operation, its number or a unique operation number allowing tracking of the operation from sender to recipient; for physical persons — first name, last name, father's name, and place of residence); (Paragraph 38 fourth bullet point edited by Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.

demand submission of minimal information about senders (sender's name); if an account was used during the operation, then its number or the unique number of the operation) from non-resident banks and international money transfer systems for amounts up to 50 times the base calculation amount; (Paragraph 38 fifth bullet point edited by Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislation Information, 25.12.2020, 10/20/2886-6/1666) See previous edition.

demand submission of minimal information about senders (sender's name, series and number of the identity document (passport or identification ID-card or another document replacing them) — for physical persons; sender's address or state identification number or customer's identification number or date and place of birth for physical persons; if an account was used during the operation, then its number or the unique number of the operation) from non-resident banks and international money transfer systems for amounts equal to or exceeding 50 times the base calculation amount; (Paragraph 38 sixth bullet point edited by Resolution No. 343-V-9 dated June 1, 2022 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 13 dated May 27, 2022 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-9, 24.06.2022) — , 24.06.2022, 10/22/2886-9/0567)

take reasonable and available measures to identify international money transfers lacking the required information about the recipient and/or sender;

develop an internal document determining the procedure for measures taken by the commercial bank upon detection of international money transfers lacking the required information about the recipient and/or sender, based on risk assessment.
See previous edition.

Receiving commercial banks must have a risk-based policy and procedures to determine:

when to execute, reject, or stop an electronic money transfer lacking the required information about the recipient or sender;

the subsequent actions (re-evaluation of the risk level, consideration of notifying the specially authorized state body, etc.).
(Paragraph 38 supplemented with ninth – eleventh bullet points based on Resolution No. 343-V-7, 33 dated June 29, 2021 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-7, 08.07.2021) — , 08.07.2021, 10/21/2886-7/0662) See previous edition.

Sending commercial banks are prohibited from providing services on money transfers, including through international money transfer systems, if the money transfer does not meet the requirements specified in this paragraph.
(Paragraph 38 twelfth bullet point edited by Resolution No. 343-V-7, 33 dated June 29, 2021 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-7, 08.07.2021) — , 08.07.2021, 10/21/2886-7/0662) See previous edition. See previous edition.

38-1. Information on incoming internal payments and money transfers of amounts equal to or exceeding 28 times the base calculation amount must include information obtained during the identification process of the sender, as well as information about the recipient, similar to that recorded for international money transfers, except in cases where the receiving commercial bank can obtain full information about the sender through other sources. In this case, it is sufficient for the sending commercial bank to add the personal identification number of the physical person, as well as the account number or the unique operation number allowing tracking of the operation from sender to recipient. (Paragraph 38-1 first bullet point edited by Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.

Commercial banks must ensure that internal payments and money transfers of amounts not exceeding 28 times the base calculation amount are sent with information about the sender (sender's name; if an account was used during the operation, then the number of this account or the unique number of the operation) and about the recipient (recipient's name; if an account was used during the operation, then the number of this account or the unique number of the operation allowing tracking of the operation from sender to recipient). (Paragraph 38-1 second bullet point edited by Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473. Entry into force date — August 9, 2026)

Commercial banks must ensure that internal electronic money transfers carried out as operations permitted for the use of funds or other property in accordance with Paragraph 76 of these Rules are sent to the receiving bank along with information that one of the parties is a registered person.
(Paragraph 38-1 edited by Resolution No. 343-B-13 dated February 28, 2025 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 12 dated February 14, 2025 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-11, 04.04.2025) — , 09.04.2025, 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.

38-2. Commercial banks must ensure that the bank card number is tracked from the sending financial institution to the receiving financial institution when a customer makes a payment for goods or services via a bank card.

38-3. Commercial banks must provide the financial institution with the number of the customer's bank account or bank card for operations related to cash withdrawal within the country.

Commercial banks must also ensure that payments related to cash withdrawal operations through another financial institution outside the territory of the Republic of Uzbekistan are sent along with information about the number of the customer's bank card, and must provide information about the customer's name no later than three working days from the date of receipt of the request from the foreign financial institution.

38-4. If batch transfers are carried out on international money transfers from the same sender, and such transfers include the sender's account number or the unique operation number allowing tracking of the operation from sender to recipient, and if necessary and accurate information about the sender is present in the batch transfer, as well as information allowing full tracking of the recipient in the receiving country, commercial banks may refrain from applying the requirements regarding sender information set forth in Paragraph 38 of these Rules. (Parentheses 38-2 — 38-4 paragraphs added based on Resolution No. 343-B-14 dated April 16, 2026 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 16 dated April 15, 2026 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-12, 08.05.2026) — , 08.05.2026, 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.

Commercial banks must have the opportunity to receive additional information about senders and recipients of funds from non-resident correspondent banks and international money transfer systems in accordance with contracts concluded with them within three working days.
(Paragraph 39 first bullet point edited by Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, 10/20/2886-5/0326)

In the absence of such an opportunity, commercial banks should consider the issue of terminating the contract with such international money transfer systems.
See previous edition.

39-1. Commercial banks, having served both the sender and the recipient on a money transfer, are obliged:

take into account all information received from both the sender and the recipient to determine the need to report a suspicious operation;

send reports about suspicious operations in any country related to suspicious money transfers to authorized bodies and submit relevant information about the money transfer.
(Paragraph 39-1 added based on Resolution No. 343-V-6 dated November 6, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and Resolution No. 24 dated November 3, 2020 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-6, 25.12.2020) — National Database of Legislation Information, 25.12.2020, 10/20/2886-6/1666)

Commercial banks participating as intermediaries (transit banks) in money transfers:

ensure that all information about the sender and recipient attached to electronic payments is sent along with information about the sender and stored for a period of not less than five years;

take reasonable and available measures to identify international money transfers lacking the required information about the recipient and/or sender;

develop a program determining the procedure for measures carried out by the commercial bank upon detection of international money transfers lacking the required information about the recipient and/or sender, based on risk assessment;

consider the issue of notifying the specially authorized state body about such transfers upon detection of international money transfers lacking the required information about the recipient and/or sender.
See previous edition.

Commercial banks must take necessary measures for adequate verification of existing customers based on their importance and risks, and timely conduct adequate verification of such existing relationships, taking into account when such verifications were conducted, whether they were conducted at all, and the sufficiency of the information obtained.
(Paragraph 41 edited by Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, 10/20/2886-5/0326)
Re-identification of the customer and the beneficial owner of the customer must be carried out if doubts arise about the reliability of the information obtained as a result of the previous identification.
See previous edition.
When identifying the customer and the beneficial owner of the customer, the commercial bank, including when acting through its payment agents and/or payment sub-agents, must compare the obtained information with the Register formed and submitted to commercial banks by the specially authorized state body in the manner established by legislation, and the list of states not participating in international cooperation in the field of combating money laundering, terrorist financing, and the financing of weapons of mass destruction.
(Paragraph 43 first bullet point edited by Order No. 20-mh dated November 30, 2021 of the Minister of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117)

If persons included in the Register are identified during the identification process of the customer and the beneficial owner of the customer, the commercial bank must implement the measures established in Chapter 8 of these Rules.

Commercial banks have the right to refuse to carry out operations for the customer in the following cases:

if the governing body of the legal entity or the person authorized to act on behalf of the legal entity without a power of attorney is not located at their registered address (postal address); See previous edition.

if intentionally false documents are submitted or documents required by legislation are not submitted; (Paragraph 44 third bullet point edited by Order No. 20-mh dated November 30, 2021 of the Minister of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117) See previous edition.

in other cases provided for by legislation.
(Paragraph 44 fourth bullet point edited by Order No. 20-mh dated November 30, 2021 of the Minister of Justice of the Republic of Uzbekistan (registration number 3338, 30.11.2021) — , 30.11.2021, 10/21/3338/1117)

The following are prohibited for commercial banks:

opening accounts (deposits) for anonymous persons, i.e., physical or legal persons opening an account without submitting documents necessary for their identification;

opening accounts for names confirmed by obviously fabricated documents; See previous edition.

opening accounts without the personal participation of the person opening the account or their authorized representative, except in cases where the commercial bank has the opportunity to identify based on previously submitted, verified and authentic documents during the inspection period, and measures for adequate verification of customers were carried out by the registering authority or commercial banks relied on the results of adequate verification of customers carried out by third parties, as well as identification based on biometric data; (Paragraph 45 fourth bullet point edited by Resolution No. 343-V-4, 23 dated August 24, 2019 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-4, 17.10.2019) — National Database of Legislation Information, 17.10.2019, 10/19/2886-4/3932)

establishing and maintaining relations with non-resident banks whose headquarters and permanent governing bodies are not located in the territories of states where they are registered;

issuance of securities and other financial instruments to the provider;

providing services for receiving or sending funds in foreign currency without identifying the customer, including through international money transfer systems;

establishing subsidiary banks, branches, or representative offices in the territory of states not participating in international cooperation in the field of combating money laundering and terrorist financing.
See previous edition.
(Paragraph 46 lost its force based on Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, 10/20/2886-5/0326) See previous edition.

46-1. Commercial banks immediately notify the specially authorized state body about planned operations associated with the formation and transfer of funds or other property meeting the criteria specified in Paragraph 49 of these Rules simultaneously, and carry out such operations after fully analyzing their interrelatedness to determine the level of risk within three working days at the latest. (Paragraph 46-1 added based on Resolution No. 343-V-5 and No. 9 dated February 26, 2020 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan (registration number 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, 10/20/2886-5/0326) See previous edition.

46.2. If, during the process of conducting due diligence, there are suspicions regarding money laundering from criminal activities or financing of terrorism, and conducting due diligence would lead to the disclosure of information to the customer, commercial banks may refrain from conducting due diligence, provided that commercial banks must send a special report to the authorized state body regarding the suspicious transaction.
(Paragraph 46.2 was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.

If there is information about violations of international standards for combating money laundering from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction by a non-resident bank, the commercial bank must consider the issue of taking appropriate measures to terminate cooperation with such a representative bank.
(Paragraph 47 was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, No. 10/19/2886-3/2654)

Chapter 4. Criteria and Signs of Questionable and Suspicious Transactions

Transactions are recognized as questionable if any of the following criteria and signs are present:

a transaction or the customer conducting it assigned a high risk level by the commercial bank;
regular repayment to a non-resident of the amount previously received under a contract for the delivery of goods (performance of work, provision of services) by a resident customer;
doubts arise regarding the authenticity (reliability) of the documents submitted for conducting the transaction and/or the information about the transaction, including information about one of the parties executing the transaction, does not match the information available at the commercial bank;
unusual behavior of the customer when applying for a transaction (application, order, request), for example: nervousness, hesitation, aggression in the presence of persons controlling the customer's actions, or contacting other persons for advice via telephone for trivial reasons;
unusual concern of the customer regarding confidentiality issues, or unjustified refusal by the customer to provide information requested by the commercial bank regarding the transaction, or unjustified delay in providing it;
inability to identify the customer's partners in the transaction being conducted;
the transaction does not have a clear economic essence and does not correspond to the description and type of the customer's activity;
the customer's activity is not dependent on the description of the customer's activity and/or the activity of the customer's account remains low for a period of more than three months or stops, followed by an unjustified increase in the turnover of funds in their account;
unjustified and/or premature termination of practical business relations initiated by the customer by withdrawing all funds or transferring them to other commercial banks;
immediate termination of practical business relations initiated by the customer when the commercial bank reasonably applies the measures specified in these Rules;
obvious inconsistency of transactions being conducted by the customer with the participation of the commercial bank with generally accepted practices for conducting transactions;
unjustified distribution of amounts of transactions similar to those being conducted, totaling equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted;
(Paragraph 48, thirteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition. (Paragraph 48, fourteenth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition. (Paragraph 48, fifteenth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-B-2, No. 42 dated September 24, 2018 (Registration No. 2886-2, 25.10.2018) — National Database of Legislation Information, 26.10.2018, No. 10/18/2886-2/2103 — enters into force on January 27, 2019) See previous edition.
exchange of banknotes of one denomination for banknotes of another denomination by a physical person in an amount equal to or exceeding 1,000 times the established base calculation amount on the day of the exchange;
(Paragraph 48, fifteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
depositing cash funds in the form of cash into the bank account of a legal entity or individual entrepreneur as a loan, financial assistance, or contribution to the charter fund (capital) or replenishment of working capital by a physical person in an amount equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted;
(Paragraph 48, sixteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition. (Paragraph 48, seventeenth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-B-2, No. 42 dated September 24, 2018 (Registration No. 2886-2, 25.10.2018) — National Database of Legislation Information, 26.10.2018, No. 10/18/2886-2/2103 — enters into force on January 27, 2019) See previous edition. (Paragraph 48, sixteenth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
transfer of funds in an amount equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted as dividends or income from the accounts of legal entities or individual entrepreneurs to the benefit of physical persons;
(Paragraph 48, eighteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-4, No. 23 dated August 24, 2019 (Registration No. 2886-4, 17.10.2019) — National Database of Legislation Information, 17.10.2019, No. 10/19/2886-4/3932) See previous edition.
withdrawal of funds in cash from a physical person's account in an amount equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted;
(Paragraph 48, nineteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition. (Paragraph 48, twentieth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-4, No. 23 dated August 24, 2019 (Registration No. 2886-4, 17.10.2019) — National Database of Legislation Information, 17.10.2019, No. 10/19/2886-4/3932) See previous edition.
operations (payment or cash withdrawal) conducted by five or more international payment cards from one counterparty's terminal in one day, where the amount of each card's operation is equal to or exceeds 25 times the established base calculation amount.
(Paragraph 48, twentieth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-4, No. 23 dated August 24, 2019 (Registration No. 2886-4, 17.10.2019) — National Database of Legislation Information, 17.10.2019, No. 10/19/2886-4/3932) See previous edition.
transfer of funds outside the territory of the Republic of Uzbekistan to the account of the recipient opened in a bank located in a territory different from the recipient's registered location, in an amount equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted;
(Paragraph 48, twenty-first bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
operations involving the receipt or withdrawal of funds from the account of a physical person under 16 years of age in an amount exceeding 40 times the base calculation amount within two working days.
(Paragraph 48 was supplemented with a bullet point on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026)

Transactions are recognized as suspicious if any of the following criteria and signs are present:

one of the parties executing the transaction is a person permanently residing, staying, or registered in a state that does not participate in international cooperation in the field of combating money laundering from criminal activities and financing of terrorism;
See previous edition.
receipt of funds to the customer's accounts from states under enhanced monitoring, or transfer of funds from the customer's accounts to such states, in an amount equal to or exceeding 1,000 times the established base calculation amount, simultaneously or multiple times within a period not exceeding 30 days;
(Paragraph 49 was supplemented with a third bullet point on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.
receipt of funds sent from abroad in foreign currency, or sending funds abroad, by physical persons (including multiple physical persons in the name of one counterparty), including through money transfer systems, simultaneously or multiple times within a period not exceeding 30 days, in an amount equal to or exceeding 1,000 times the established base calculation amount;
(Paragraph 49, third bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
sale, purchase, or cash withdrawal from international payment cards by physical persons and/or individual entrepreneurs simultaneously or multiple times within a period not exceeding 30 days, in an amount equal to or exceeding 1,000 times the established base calculation amount in foreign currency funds;
(Paragraph 49, fourth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025)
transfer of funds to an account opened for an anonymous person outside the territory of the Republic of Uzbekistan, as well as transfer of funds to the Republic of Uzbekistan to an account opened for an anonymous person or transfer of funds where information about the sender is unavailable;
transfer of funds outside the territory of the Republic of Uzbekistan to the account of the recipient opened in a bank registered in an offshore territory different from the recipient's registered location;
See previous edition.
transfer of funds outside the territory of the Republic of Uzbekistan to the accounts or for the benefit of persons permanently residing or registered in offshore territories, or transfer (receipt) of funds to the Republic of Uzbekistan from such persons' accounts in a single or multiple transfers (receipts) on the last transfer (receipt) day within 30 days, in a total amount equal to or exceeding 1,000 times the established base calculation amount;
(Paragraph 49, seventh bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025)
transactions with non-resident persons for whom information about founders is unavailable and/or there is no possibility of obtaining it through all possible means;
See previous edition.
(Paragraph 49, ninth bullet point, was introduced on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-B-2, No. 42 dated September 24, 2018 (Registration No. 2886-2, 25.10.2018) — National Database of Legislation Information, 26.10.2018, No. 10/18/2886-2/2103 — enters into force on January 27, 2019) See previous edition.
a transaction permitted by the authorized state body for the use of funds or other property, including an attempt to execute it;
(Paragraph 49, tenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026)
transactions that do not have the criteria and signs specified in this paragraph, do not fall into the category of questionable transactions established by these Rules and the internal rules of the commercial bank, but for which the commercial bank has suspicions of their relevance to money laundering from criminal activities and/or financing of terrorism.
See previous edition.
provision of funds by a non-resident to a resident in the form of grants, financial assistance, loans, or charitable aid;
See previous edition.
sending and receiving funds by citizens of the Republic of Uzbekistan located in territories where active terrorist actions are being carried out through international money transfer systems (the list of countries and territories is provided by the authorized state body);
(Paragraph 49, twelfth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, No. 10/19/2886-3/2654)
transactions of persons wanted internationally for committing crimes of a terrorist nature (the list of persons is provided by the authorized state body);
See previous edition.
turnover of a legal entity that has been registered or re-registered, or opened an account in a bank, for more than three months, if it equals or exceeds 20,000 times the base calculation amount;
(Paragraph 49, fourteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
purchase by physical persons simultaneously or multiple times within a period not exceeding 1 month, of coins made of precious metals or standard ingots of the Central Bank, in a total amount equal to or exceeding 1,000 times the established base calculation amount.
(Paragraph 49, fifteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025), dated 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025) See previous edition.
transfer of funds in an amount equal to or exceeding 500 times the established base calculation amount, simultaneously or multiple times within a period not exceeding 30 days, from the customer's bank card to one or more bank cards or electronic wallets via the bank mobile application, excluding transactions conducted through escrow accounts for the sale and purchase of real estate and vehicles;
(Paragraph 49, seventeenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition.
receipt of funds in an amount equal to or exceeding 1,000 times the established base calculation amount, simultaneously or multiple times within a period not exceeding 30 days, to the customer's bank card from one or more bank cards or electronic wallets, excluding transactions conducted through escrow accounts for the sale and purchase of real estate and vehicles;
(Paragraph 49, eighteenth bullet point, was amended in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026), dated 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026)
transfer of funds from 5 or more bank cards (electronic wallets) to 1 foreign electronic wallet via the bank mobile application simultaneously or multiple times within a period not exceeding 30 days;
receipt of funds to 5 or more bank cards (electronic wallets) from 1 foreign electronic wallet simultaneously or multiple times within a period not exceeding 30 days;
transfer of funds from 1 bank card (electronic wallet) to 5 or more foreign bank cards or foreign electronic wallets via the bank mobile application simultaneously or multiple times within a period not exceeding 30 days;
receipt of funds to 1 bank card (electronic wallet) from 5 or more foreign bank cards or foreign electronic wallets simultaneously or multiple times within a period not exceeding 30 days.
(Paragraph 49 was supplemented with bullet points on the basis of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023), dated 04.04.2023, No. 10/23/2886-10/0189) See previous edition.
receipt of funds in foreign currency from a non-resident person (if such information is known to the commercial bank) to a resident physical person, simultaneously or multiple times within a period not exceeding 30 days, in a total amount equal to or exceeding 1,000 times the established base calculation amount;
the procedure for settlements involves non-standard or unusually complex schemes differing from the customer's usual activity;
transfer of funds in an amount equal to or exceeding 1,000 times the established base calculation amount on the day the transaction is conducted from the accounts of legal entities or individual entrepreneurs to a physical person's account as financial assistance or a loan;
See previous edition.

from the accounts of legal entities or individual entrepreneurs, only foreign currency issued solely for the import of goods under a single contract, the subject of which is partially or fully changed to the provision of services, or the settlement of accounts receivable through the provision of services, if its value is equal to or exceeds 5,000 times the base calculation amount. (Paragraph 49, twenty-sixth sub-paragraph, as amended by the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026, and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registration No. 2886-12, dated 08.05.2026), effective date — August 9, 2026) See previous edition.

49
1
. After commercial banks send a report to the special authorized state authority regarding suspicious transactions indicated in Paragraph 49 of these Rules and having no quantitative limits, they must take the following comprehensive analysis measures within a period not exceeding ten working days:

obtain and analyze information about the participants of the transaction;

study the business reputation of the transaction participants using open sources;

analyze the sources of funds, the structure of the transaction, the geographic location of the transaction participants, the time and volume of the transaction;

evaluate the compliance of the transaction with the client's usual economic activity and financial profile, taking into account previously executed transactions;

analyze interrelationships between transaction participants, identify affiliations, control, or other forms of mutual control, as well as study complex or multi-stage transaction chains aimed at concealing the beneficial owner, the source of funds, or the true purpose of the transaction.

After completing the comprehensive analysis, commercial banks must:

review the client's risk level and, if necessary, make changes to it;

report the results of the comprehensive analysis to the special authorized state authority in accordance with Paragraph 70 of these Rules;

take measures to reduce the risk level.
(Paragraph 49
1 was added based on the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026, and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registration No. 2886-12, dated 08.05.2026), effective date — August 9, 2026)

Internal rules may establish additional criteria and signs for suspicious and dubious transactions.

Commercial banks may establish a system of initial identification indicators for suspicious and dubious transactions based on methodological guidelines developed and recommended by the Central Bank, in agreement with the special authorized state authority.

Commercial banks must pay enhanced attention to all complex, unusual large-scale transactions, as well as unusual schemes for executing transactions that do not have a clear economic or legal purpose.

Chapter 5. Transactions involving persons suspected of participating or attempting to participate in terrorist activities or the proliferation of weapons of mass destruction

See previous edition.

Commercial banks, including when executing transactions through their payment agents and/or payment sub-agents, must compare the identification data of their participants with the Register.
(The first sub-paragraph of Paragraph 52, as amended by the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020, and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, dated 25.12.2020) — National Database of Legislation, dated 25.12.2020, No. 10/20/2886-6/1666)

If all identification data of the client or one of the transaction participants fully match the data of a person included in the Register, the commercial bank must immediately suspend the transaction without prior notice (except for operations involving crediting funds to the account of a legal or physical person) and/or suspend the use of funds or other property without putting them into circulation. See previous edition.

If a client whose identification data fully match the data of a person included in the Register applies to open an account and provides funds to be credited to the requested account, the commercial bank must immediately suspend the transaction without prior notice and credit the funds to a separate transit account, suspending their use without putting them into circulation. (Paragraph 52 was supplemented with the third sub-paragraph based on the Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025, and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registration No. 2886-11, dated 04.04.2025), effective date — July 10, 2025)

The concept of full match means that the identification data of the client or transaction participant are exact and identical to all relevant data provided in the Register.

Suspension of the transaction and suspension of the use of funds or other property without putting them into circulation must also be required in the following cases:

if one of the transaction participants is acting in the name of or on the instructions of a person included in the Register;

if the funds or other property used to execute the transaction are fully or partially owned by a person included in the Register;

if the transaction participant is a legal entity owned or controlled by a person included in the Register.

When the transaction of a person included in the Register is suspended and/or the use of funds or other property is suspended without putting them into circulation, the commercial bank must notify the special authorized state authority about the suspicious transaction, indicating the amount of the suspended property.

Chapter 6. Identification and Assessment of Risk Levels

See previous edition.

Commercial banks must take appropriate measures to study, analyze, identify, assess, monitor, manage, document, and reduce risk levels.

Commercial banks must systematically study, analyze, and identify potential risks related to the legalization of income obtained from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction in their activities at least once a year, and document the results of the study.

Based on the type and level of identified risks, the commercial bank must determine the overall risk level, the required level of reduction, and implement an appropriate program of measures.

Identified risks should enable the adoption of decisions on applying extended or simplified control measures and effective resource allocation.

The risk level is determined and assessed by the responsible employee based on the study and analysis of information, including information provided by the client, taking into account the types of activities and transactions performed by the client, the criteria established in these Rules, the results of adequate client verification, and risk factors (types and activities of clients, bank products and services, channels for their provision, geographic areas, etc.).

The procedure for taking appropriate measures to study, analyze, identify, assess, monitor, manage, reduce, and document risks for clients and transactions is established by the internal rules of the commercial bank.

The results of risk assessment must be submitted to the Central Bank of the Republic of Uzbekistan.
(Paragraph 54, as amended by the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registration No. 2886-3, dated 20.02.2019) — National Database of Legislation, dated 20.02.2019, No. 10/19/2886-3/2654)

The commercial bank must classify clients meeting the following criteria into the high-risk category and apply enhanced attention to them:
See previous edition.

a) persons included in the Register or organizations owned or controlled by persons included in the Register, direct or indirect owners or controlling persons of organizations included in the Register; (The sub-paragraph 'a' of Paragraph 55, as amended by the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020, and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, dated 25.12.2020) — National Database of Legislation, dated 25.12.2020, No. 10/20/2886-6/1666)

b) persons permanently residing, staying, or registered in states that do not participate in international cooperation in the field of combating the legalization of income obtained from criminal activities and the financing of terrorism; See previous edition.

c) representative offices of foreign enterprises and non-residents — physical persons of the Republic of Uzbekistan (excluding clients who have a personal identification number of a physical person issued by the authorized state body of the Republic of Uzbekistan); (The sub-paragraph 'c' of Paragraph 55, as amended by the Resolution No. 343-B-14 of the Board of the Central Bank of the Republic of Uzbekistan dated April 16, 2026, and Resolution No. 16 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated April 15, 2026 (Registration No. 2886-12, dated 08.05.2026), effective date — August 9, 2026)

d) persons permanently residing, staying, or registered in offshore zones;

e) residents and non-residents having accounts in offshore zones;

f) organizations and individual entrepreneurs whose actual place of location does not correspond to the information indicated in their founding or registration documents; See previous edition.
(The sub-paragraph 'f' of Paragraph 55 was added based on the Resolution No. 343-V-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020, and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (Registration No. 2886-6, dated 25.12.2020) — National Database of Legislation, dated 25.12.2020, No. 10/20/2886-6/1666)

g) organizations whose beneficial owner is a person specified in sub-paragraphs 'a' and 'b' of this paragraph;

h) clients who regularly (for example, consecutively within 3 months) execute suspicious or dubious transactions;

i) clients using software complexes that do not allow adequate verification of the client; See previous edition.

j) high-ranking officials, their close relatives, and persons close to high-ranking officials; (The sub-paragraph 'j' of Paragraph 55, as amended by the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, dated 17.03.2020) — National Database of Legislation, dated 17.03.2020, No. 10/20/2886-5/0326) See previous edition.

j
1
) foreign structures that are not legal entities;

j
2
) persons to whom 20 or more bank cards are linked; (Paragraph 55 was supplemented with sub-paragraphs 'j 1 ' and 'j 2 ' based on the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023, and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (Registration No. 2886-10, dated 03.04.2023), effective date — April 4, 2023) See previous edition.

j
3
) legal entities whose head and founders/beneficial owners have changed simultaneously (if such information is known to the commercial bank); (Paragraph 55 was supplemented with sub-paragraph 'j 3 ' based on the Resolution No. 343-B-13 of the Board of the Central Bank of the Republic of Uzbekistan dated February 28, 2025, and Resolution No. 12 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 14, 2025 (Registration No. 2886-11, dated 04.04.2025), effective date — July 10, 2025)

m) other persons specified in the internal rules.

The commercial bank must classify transactions meeting the following criteria into the high-risk category and apply enhanced attention to them:

a) transactions involving persons specified in sub-paragraphs 'a', 'b', 'g', and 'j' of Paragraph 55 of these Rules;

b) transactions executed through accounts opened in offshore zones;

c) transactions involving precious metals, precious stones, as well as jewelry items containing precious metals and precious stones, except for such transactions executed by commercial banks themselves;

d) transactions related to the transfer of funds where information about the sender (surname, first name, patronymic of physical persons, name, location (postal address), and account number of legal entities) is not provided in full;

e) other transactions specified in the internal rules.
See previous edition.
(Paragraph 57, which was repealed based on the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, dated 17.03.2020) — National Database of Legislation, dated 17.03.2020, No. 10/20/2886-5/0326)

Depending on changes in the description of transactions performed by the client, the Internal Control Service must review the risk level of working with the client in necessary cases.
The Internal Control Service must maintain records of all clients classified into the high-risk category in the order established by the internal rules.

See previous edition.

Commercial banks must take measures to prevent the use of technological advances for the purpose of legalizing income obtained from criminal activities, financing of terrorism, and/or financing of the proliferation of weapons of mass destruction. For this purpose, the commercial bank must:
(The first sub-paragraph of Paragraph 60, as amended by the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registration No. 2886-3, dated 20.02.2019) — National Database of Legislation, dated 20.02.2019, No. 10/19/2886-3/2654)

develop new types of services and new work practices;

identify and assess risk levels that may arise due to the use of new or developing technologies for new and existing service types.

Such risk assessment must be conducted before implementing new service types, work practices, or using new or developing technologies. In this regard, the identification and assessment of such risks are carried out by the subdivision of the commercial bank directly introducing the new service type (new technology) together with the Internal Control Service.

The subdivision of the commercial bank and the Internal Control Service must take appropriate measures to monitor and reduce these risks.

Information on the results of the measures taken must be submitted to the bank's management.

Commercial banks providing remote services must:

provide for measures to be taken in case suspicious transactions are identified using these services (suspension of providing these services until the client provides a written explanation regarding the legality of the performed transactions; refusal to provide these services) in contracts signed with clients regarding the provision of remote services; See previous edition. (The third sub-paragraph of Paragraph 62 was added based on the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023, and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (Registration No. 2886-10, dated 03.04.2023), effective date — April 4, 2023)

suspend the provision of remote services for the period specified in the contract regarding the provision of such services if suspicious transactions are executed using such services; See previous edition.

cancel contracts for the provision of such services in the established order if there are justified suspicions that remote services were used for the purpose of legalizing income obtained from criminal activities, financing of terrorism, and financing of the proliferation of weapons of mass destruction.
(The fifth sub-paragraph of Paragraph 62, as amended by the Resolution No. 343-V-3 and No. 6 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 18, 2019 (Registration No. 2886-3, dated 20.02.2019) — National Database of Legislation, dated 20.02.2019, No. 10/19/2886-3/2654) See previous edition. (The fifth sub-paragraph of Paragraph 62 was added based on the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023, and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (Registration No. 2886-10, dated 03.04.2023), effective date — April 4, 2023)

Chapter 7. Identification of Suspicious and Dubious Transactions

Information obtained during the identification process, as well as the risk level assigned to working with the client, serve as the basis for monitoring to ensure compliance of the transactions (increased transactions) performed by the client with the main directions of the client's activity and, if necessary, to study the sources of funds.
Client identification and current verification of their transactions are carried out by employees of the commercial bank directly serving clients (responsible executors, cashiers, etc.) in accordance with their job responsibilities. If they identify transactions with suspicious and/or dubious signs, they must immediately notify their direct supervisor and employees of the Internal Control Service in writing.

Subsequent verification of client transactions is carried out by employees of the Internal Control Service to identify suspicious transactions not detected during current verification, by analyzing the transactions performed by the client over the past period.

If transactions with signs of suspicious and/or dubious transactions are identified, employees of the commercial bank directly serving clients, upon the instruction of the Internal Control Service, contact the client regarding additional information about the transaction being executed, if necessary.
Employees of the Internal Control Service study information about the client and the transaction, record relevant information in a special journal and the client's questionnaire, and, if there are sufficient grounds, submit a proposal to the head of the Internal Control Service to classify the transaction as suspicious or dubious.
See previous edition.
If there are reasonable suspicions, the head of the Internal Control Service makes a written decision to consider the client's transaction suspicious and notifies the management of the commercial bank about this.
(The first sub-paragraph of Paragraph 67, as amended by the Resolution No. 343-B-2 and No. 42 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated September 24, 2018 (Registration No. 2886-2, dated 25.10.2018) — National Database of Legislation, dated 26.10.2018, No. 10/18/2886-2/2103 — enters into force from January 27, 2019) See previous edition.

The procedure and form of notifying management are established by the internal rules of the commercial bank.
(Paragraph 67 was supplemented with a sub-paragraph based on the Resolution No. 343-B-2 and No. 42 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated September 24, 2018 (Registration No. 2886-2, dated 25.10.2018) — National Database of Legislation, dated 26.10.2018, No. 10/18/2886-2/2103 — enters into force from January 27, 2019)

Recognizing transactions as suspicious is carried out on a comprehensive analysis basis using the criteria and signs established by these Rules and the internal rules of the commercial bank in each specific case.
After a client's transaction is recognized as suspicious, the Internal Control Service must take the following measures:

notify the special authorized state authority about the suspicious transaction;

obtain additional information about the client;

review the client's risk level;

enhance monitoring of the client's transactions; See previous edition.
(The sixth sub-paragraph of Paragraph 69 was added based on the Resolution No. 343-V-5 and No. 9 of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated February 26, 2020 (Registration No. 2886-5, dated 17.03.2020) — National Database of Legislation, dated 17.03.2020, No. 10/20/2886-5/0326) See previous edition.

The report on the suspicious transaction is submitted to the special authorized state authority by the Internal Control Service in accordance with the requirements of the Regulation on the Procedure for Submitting Information Related to Combating the Legalization of Income Obtained from Criminal Activities, Financing of Terrorism, and Financing of the Proliferation of Weapons of Mass Destruction, approved by Resolution No. 402 of the Cabinet of Ministers of the Republic of Uzbekistan dated June 29, 2021.
(Paragraph 70, as amended by the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023, and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (Registration No. 2886-10, dated 03.04.2023), effective date — April 4, 2023) See previous edition.
Information about each report is entered into a special journal.
See previous edition.

The special journal is maintained in electronic form in the commercial bank's automated information systems.
(Paragraph 71, second sub-paragraph, in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-14 dated April 16, 2026, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 16 dated April 15, 2026 (Registration No. 2886-12, 08.05.2026) — , 08.05.2026, No. 10/26/2886-12/0473. Entry into force date — August 9, 2026) See previous edition. (Paragraph 72 lost its force based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189)

Commercial banks must immediately notify the special authorized state authority regarding any information confirming or dispelling the suspicion of a transaction.

Chapter 8. Measures to be taken when transactions involving listed persons are identified

If, during the establishment of customer relations or during the execution of a transaction, the commercial bank's employees identify that all identification data of the customer or one of the transaction participants fully match the data of a listed person, this must be reported immediately to the Internal Control Service without notifying the customer. In turn, the Internal Control Service must take the following measures:

identify the customer and the customer's beneficial owner or one of the transaction participants in as much detail as possible;
See previous edition.
identify a transaction involving funds or other property that must be suspended without activation in accordance with the procedure established by legislative acts and these Rules;
(Paragraph 74, third sub-paragraph, in the edition of the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, No. 10/21/3338/1117)
prepare and submit a directive for signature by the management of the commercial bank to suspend the execution of a transaction involving funds or other property, excluding operations for crediting funds to the account of a legal or physical person;
See previous edition.
prepare a report on a suspicious transaction involving funds or other other property for submission to the special authorized state authority;
(Paragraph 74, fifth sub-paragraph, in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189)
obtain additional information about the customer (including the type of activity, the amount of assets, information available through open information databases, etc.);
take measures to identify the source of the customer's funds or financial condition, including by obtaining information from the customer;
enter information about the transaction into the special journal.
See previous edition.

The commercial bank must notify the listed person that their transaction has been suspended and/or their funds or other property have been suspended without activation only after the measures specified in this paragraph have been applied.
(Paragraph 74, ninth sub-paragraph, in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025) — , 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025)

If a transaction is suspended, the withdrawal of funds from accounts based on the customer's order is not carried out.

Orders from customers whose transactions have been suspended must be registered in a separate journal and stored in a special binder until the transaction is restored.

Suspension without activation is carried out by the commercial bank with respect to the funds or other property it directly owns.

For the registration of orders from customers whose transactions have been suspended, the suspended transaction and information enabling the identification of the participants of this transaction are recorded in a separate journal.
See previous edition.

The commercial bank restores the execution of a suspended transaction and permits the use of property suspended without activation in accordance with the procedure established by the Regulation on the procedure for suspending transactions of persons involved or suspected of involvement in terrorist activities or the proliferation of weapons of mass destruction, suspending the execution of funds or other property, permitting the use of property suspended without activation, and restoring transactions (Registration No. 3327, October 19, 2021).
(Paragraph 76 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-9 dated June 1, 2022, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 13 dated May 27, 2022 (Registration No. 2886-9, 24.06.2022) — , 24.06.2022, No. 10/22/2886-9/0567)

Chapter 9. Execution of requests from the special authorized state authority by commercial banks
See previous edition.

The special authorized state authority has the right to written requests and free access to the information necessary for implementing measures to combat the legalization of income obtained from criminal activity, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction, including from the automated information and reference systems and databases of commercial banks.
(Paragraph 77 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, No. 10/19/2886-3/2654)
Commercial banks provide additional information upon written requests from the special authorized state authority.
See previous edition.
If there is a request from the authorized body of a foreign state involved in combating the legalization of income obtained from criminal activity, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction, the special authorized state authority submits the relevant request to commercial banks through the Central Bank. Commercial banks provide the requested information to the special authorized state authority based on such a request.
(Paragraph 79 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, No. 10/19/2886-3/2654)

Chapter 10. Formalization, storage, and confidentiality of information and documents

Documents drawn up in a foreign language, in whole or in part, related to the necessary level of customer verification must be required by the commercial bank, if necessary, with a translation into the state language or Russian.
If there is doubt about the correctness of copies of submitted documents or other necessity arises, the commercial bank has the right to require the presentation of original documents for review.
See previous edition.
All information about the transaction is entered into the special journal, including the sequence number and date of the information entered into the special journal, the customer's name (indicating the customer's unique number), the type of transaction, the amount and date of execution, information about the customer's counterparty, the name of the department that provided information about the transaction, information about measures taken regarding the transaction, including the date and number of the report, and others.
(Paragraph 82 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189)
Information about the customer obtained during the necessary level of customer verification is recorded in the customer questionnaire in accordance with Appendix 3 to these Rules. The commercial bank has the right to enter other information into the customer questionnaire in accordance with internal documents.
See previous edition.
Questionnaires for all customers (except customers for whom necessary level of verification is not required) are filled out in electronic form using special programs. The registry of questionnaires for customers carrying out suspicious and/or high-risk transactions is maintained in electronic form.
(Paragraph 84, first sub-paragraph, in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-B-2 and No. 42 dated September 24, 2018 (Registration No. 2886-2, 25.10.2018) — National Database of Legislation Information, 26.10.2018, No. 10/18/2886-2/2103 — enters into force on January 27, 2019) See previous edition. (Paragraph 84, second sub-paragraph, issued based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189) See previous edition.
Electronically filled questionnaires are stored in an electronic database that provides employees of the commercial bank responsible for customer identification, including payment agents and payment subagents, with immediate access to customer information for verification on a permanent basis.
(Paragraph 85 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-6 dated November 6, 2020, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 24 dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation Information, 25.12.2020, No. 10/20/2886-6/1666)
The customer questionnaire is stored at the commercial bank for a period of not less than five years from the date the relationship with the customer is terminated.
Commercial banks must review the risk level of working with the customer if necessary, depending on changes in the information indicated in the customer questionnaire and the description of financial transactions carried out by them.
Information about transactions, if necessary, must be formalized in a manner that allows for the restoration of transaction details.
See previous edition.

See previous edition.

Commercial banks must store information about transactions, as well as identification data and materials on the necessary level of customer verification, files by account numbers and service correspondence, and the results of any analysis carried out, for the periods established by legislative acts, but for at least five years from the date such transactions were carried out or from the date practical work relations with customers were terminated.
(Paragraph 89, first sub-paragraph, in the edition of the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, No. 10/21/3338/1117) See previous edition.

These data and documents must be stored in paper form and/or on electronic carriers in a manner that ensures their timely submission to authorized state bodies and the Central Bank.
(Paragraph 89 supplemented with a sub-paragraph based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-7 and No. 33 dated June 29, 2021 (Registration No. 2886-7, 08.07.2021) — , 08.07.2021, No. 10/21/2886-7/0662) See previous edition.

To limit the possibility of using documents used in the activities of the Internal Control Service (correspondence with the Central Bank and the special authorized state authority, including electronic reports submitted to the special authorized state authority, electronic questionnaires of customers, journals, etc.), such documents and their list must be stored by the Internal Control Service (responsible employee) directly in a specially equipped room or safe, for the periods established by legislative acts, but for at least five years.
(Paragraph 90 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189) See previous edition. (Paragraph 91 lost its force based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-12 dated March 3, 2023, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 8 dated March 1, 2023 (Registration No. 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189)

See previous edition.

Commercial banks restrict access to information related to combating the legalization of income obtained from criminal activity, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction, including documents stored in the commercial bank's archive, ensure that it is not disseminated, and do not have the right to inform legal and physical persons that a report has been submitted to the special authorized state authority regarding their transactions.
(Paragraph 92, first sub-paragraph, in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-3 and No. 6 dated February 18, 2019 (Registration No. 2886-3, 20.02.2019) — National Database of Legislation Information, 20.02.2019, No. 10/19/2886-3/2654)

The commercial bank ensures that information obtained during the performance of internal control functions is not disclosed by its employees (or used for personal purposes or for the benefit of third parties), except for the cases specified in Paragraph 74 of these Rules.
See previous edition.

Disclosure of information to third parties, including the presentation of the customer's identification data from the questionnaire, is carried out in accordance with legislative acts.
(Paragraph 93 in the edition of the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, No. 10/21/3338/1117) See previous edition.
Information obtained as a result of the necessary level of customer verification must be updated at least once a year if the bank assesses the risk of the customer carrying out the legalization of income obtained from criminal activity, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction as high, and at least once every two years in other cases, depending on the importance and risks of the information obtained and in the event of changes in customer data.
(Paragraph 94 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-5 and No. 9 dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, No. 10/20/2886-5/0326)
Information obtained as a result of the necessary level of verification of customers carrying out one-time transactions is updated in the performance of subsequent transactions for which the necessary level of customer verification measures is required.

Chapter 11. Liability of the commercial bank, the Internal Control Service, and the heads and employees of other departments

See previous edition.

Commercial banks, including the heads and employees of the Internal Control Service and other departments, are liable in accordance with legislative acts for violating these Rules.
(Paragraph 96 in the edition of the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, No. 10/21/3338/1117)

See: Articles 312 – 315 of the Labor Code of the Republic of Uzbekistan.
See previous edition.

96-1. Commercial banks must ensure that payment agents and subagents comply with the requirements of these Rules and the bank's internal rules.

Commercial banks are liable for violations of the requirements of these Rules by their payment agents and payment subagents.
(Paragraph 96-1 introduced based on the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-6 dated November 6, 2020, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 24 dated November 3, 2020 (Registration No. 2886-6, 25.12.2020) — National Database of Legislation Information, 25.12.2020, No. 10/20/2886-6/1666) See previous edition.

If evidence becomes known that commercial bank employees have violated legislative acts, as well as legislative acts in the field of combating the legalization of income obtained from criminal activity, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction during the execution of transactions, commercial bank employees must immediately report such evidence in writing to the head or employees of the Internal Control Service.
(Paragraph 97 in the edition of the Order of the Minister of Justice of the Republic of Uzbekistan No. 20-mh dated November 30, 2021 (Registration No. 3338, 30.11.2021) — , 30.11.2021, No. 10/21/3338/1117)

Chapter 12. Final Provisions

Monitoring and control over compliance with the requirements of these Rules by commercial banks are carried out by the Central Bank and, if necessary, jointly with the special authorized state authority.

The Central Bank conducts remote monitoring of compliance with these Rules regarding the organization of internal control and its effectiveness based on reports submitted by commercial banks in the established manner.

The management of the commercial bank continuously monitors and evaluates the effectiveness of the internal control system of the commercial bank, taking into account changes in internal and external circumstances, and strengthens it as necessary to ensure its effective operation.

Monitoring the effectiveness of the internal control system may also be carried out by the commercial bank's internal audit service.

Deficiencies in the internal control system identified by the internal audit service or other control services are reported to the Chairman of the Board of the commercial bank in a timely manner. After receiving the information, the Chairman of the Board of the commercial bank must ensure the timely elimination of the identified deficiencies.

Commercial banks restrict access to information related to combating the legalization of income obtained from criminal activity and the financing of terrorism, ensure that it is not disseminated, and do not have the right to inform legal and physical persons that a report has been submitted to the special authorized state authority regarding their transactions.

INTERNAL CONTROL RULES FOR COMBATING THE LEGALIZATION OF INCOME OBTAINED FROM CRIMINAL ACTIVITY AND THE FINANCING OF TERRORISM IN COMMERCIAL BANKS

APPENDIX 1

INFORMATION REQUIRED FOR IDENTIFICATION OF PHYSICAL PERSONS

Surname, first name, and patronymic.
Date and place of birth.
Citizenship.
Permanent and/or temporary place of residence.
See previous edition.
Passport or identification ID-card or other document replacing them, including: document series and number, date of issue, name of the body that issued the document.
(Paragraph 5 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-V-9 dated June 1, 2022, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 13 dated May 27, 2022 (Registration No. 2886-9, 24.06.2022) — , 24.06.2022, No. 10/22/2886-9/0567) See previous edition.
Personal identification number of the physical person.
(Paragraph 6 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-7 and No. 33 dated June 29, 2021 (Registration No. 2886-7, 08.07.2021) — , 08.07.2021, No. 10/21/2886-7/0662) See previous edition.
Telephone number (if available).
(Paragraph 7 in the edition of the Decision of the Board of the Central Bank of the Republic of Uzbekistan No. 343-B-13 dated February 28, 2025, and the Decision of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 12 dated February 14, 2025 (Registration No. 2886-11, 04.04.2025) — , 09.04.2025, No. 10/25/2886-11/0318. Entry into force date — July 10, 2025)

INTERNAL CONTROL RULES FOR COMBATING THE LEGALIZATION OF INCOME OBTAINED FROM CRIMINAL ACTIVITY AND THE FINANCING OF TERRORISM IN COMMERCIAL BANKS

APPENDIX 2

INFORMATION REQUIRED FOR IDENTIFICATION OF LEGAL ENTITIES AND INDIVIDUAL ENTREPRENEURS

Information required for the identification of legal entities:

a) full name, as well as abbreviated name, if indicated in the certificate of state registration;

b) information on state registration: date, number, name of the registering body;

See previous edition.

c) taxpayer identification number;

See previous edition.

d) location (postal address), as well as the address of the registered office and the head office, if it differs from the first; (Paragraph 1, sub-paragraph 'g' of the Decision of the Board of the Central Bank of the Republic of Uzbekistan and the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan No. 343-V-5 and No. 9 dated February 26, 2020 (Registration No. 2886-5, 17.03.2020) — National Database of Legislation Information, 17.03.2020, No. 10/20/2886-5/0326)

e) other information indicated in the certificate of state registration;

f) information on licenses available for carrying out activities that require licensing: type of activity, license number and date of issue; who issued it; validity period;

g) information on the identification of physical persons with the right to sign or physical persons acting on behalf of the legal entity;

h) information on the founders (major shareholders, participants) of the legal entity and their shares in the customer's charter fund (capital);

i) information on the amount of the registered and paid charter fund (capital);

j) information on the management bodies of the legal entity (structure and personal composition of the management bodies of the legal entity);

l) telephone numbers.

Information necessary for the identification of individual entrepreneurs:

a) Information specified in Annex 1 to the Internal Control Rules for Combating the Legalization of Income Obtained from Criminal Activities and Financing of Terrorism in Commercial Banks;

b) Information regarding state registration: date, number, name of the registering authority;

c) Place of activity;

d) Other information specified in the certificate of state registration;

e) Information regarding certificates and licenses available for carrying out types of activity: type of activity, license number, date of issue, issuing authority, validity period;

f) Telephone numbers.

ANNEX 3

To the Internal Control Rules for Combating the Legalization of Income Obtained from Criminal Activities and Financing of Terrorism in Commercial Banks

INFORMATION

To be indicated in the Customer Questionnaire

Information obtained during the customer identification process, as specified in Annexes 1 and 2 to the Internal Control Rules for Combating the Legalization of Income Obtained from Criminal Activities and Financing of Terrorism in Commercial Banks.
See previous edition.
Information about the customer's beneficial owner.
Indication that the customer is a senior official (a family member or close person to such an official).
(Points 1.1 and 1.2 were added based on the Resolution No. 343-V-6-6 of the Board of the Central Bank of the Republic of Uzbekistan dated November 6, 2020, and Resolution No. 24 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated November 3, 2020 (registration number 2886-6, 25.12.2020) — National Database of Legislative Acts, 25.12.2020, No. 10/20/2886-6/1666)
Information regarding the risk level, including the basis for risk assessment.
Results of additional measures carried out by the bank during customer identification.
Date of establishing a relationship with the customer — date of opening the first bank account (deposit) at the commercial bank.
Date the customer questionnaire was completed and amended.
Surname, first name, patronymic, and position of the employee responsible for working with the customer, specifically the employee who opened the account and the employee who certified the opening of the account (chief accountant and their deputy).
See previous edition.
Surname, first name, patronymic, and position of the employee who completed the customer questionnaire.
(Point 7 was amended by the Resolution No. 343-V-12 of the Board of the Central Bank of the Republic of Uzbekistan dated March 3, 2023, and Resolution No. 8 of the Department for Combating Economic Crimes under the Prosecutor General's Office of the Republic of Uzbekistan dated March 1, 2023 (registration number 2886-10, 03.04.2023) — , 04.04.2023, No. 10/23/2886-10/0189)
Other information specified in the internal rules.
(Collected Acts of the Republic of Uzbekistan, 2017, No. 21, Article 401, No. 36, Article 973; National Database of Legislative Acts, 26.10.2018, No. 10/18/2886-2/2103; 20.02.2019, No. 10/19/2886-3/2654; 17.10.2019, No. 10/19/2886-4/3932; 17.03.2020, No. 10/20/2886-5/0326; 25.12.2020, No. 10/20/2886-6/1666; 08.07.2021, No. 10/21/2886-7/0662; 30.11.2021, No. 10/21/3338/1117; 27.12.2021, No. 10/21/2886-8/1201; 24.06.2022, No. 10/22/2886-9/0567; 04.04.2023, No. 10/23/2886-10/0189; 09.04.2025, No. 10/25/2886-11/0318; 08.05.2026, No. 10/26/2886-12/0473)

Approval of Internal Control Rules for Combating Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction in Commercial Banks

Lineage: In force