Regulatory Alerts2015-12-29 | ЎРҚ-396Added · Updated
On Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan
The law amends the Law on Currency Regulation to authorize the Central Bank of Uzbekistan to license and regulate currency exchange operations. It introduces criminal liability for construction in restricted zones, establishing fines or corrective labor for violations. The Administrative Offences Code is updated to impose fines for smoking and alcohol consumption in public places, transport, and streets, with increased penalties for repeat offenses. Additionally, the Law on Joint Stock Companies is revised to define market value for listed securities, establish penalty calculations for unpaid dividends, and require reporting on strategic development measures.
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