Regulatory Alerts2006-04-20 | 10/11Added · Updated
On Amendments and Additions to the Regulation on Prohibition of Interest Rate Increases
The Central Bank of Uzbekistan Board declares Resolution No. 27/8 dated November 19, 2021, which approved the 'Regulation on Prohibition of Interest Rate Increases' and its subsequent amendments (Registration No. 1304-5), null and void effective January 11, 2022. This decision is based on Articles 3, 7, 17, and 51 of the Law of the Republic of Uzbekistan 'On the Central Bank of the Republic of Uzbekistan'. The resolution also approves specific amendments and additions to the original 2004 regulation regarding interest rate increases as detailed in the attached annex.
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