On Amendments to the Regulation on Corporate Governance in Commercial Banks

Resolution of the Board of Directors of the Central Bank of the Republic of Uzbekistan, registered on February 26, 2019, registration number 943-5

Date of Entry into Force

26.02.2019

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01.10.2020

26.02.2019

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Document lost its force 01.10.2020

[OKOS:

1.07.00.00.00 Legislation on Finance and Credit. Bank Activity / 07.19.00.00 Banking System / 07.19.02.00 Commercial Banks. Private Banks. Foreign Banks;

2.21.00.00.00 Complex Documents on Amendments and Additions / 21.04.00.00 Departmental Normative Legal Documents]

[TSZ:

1. Finance / Banks and other credit institutions. Credits]

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

On Amendments to the Regulation on Corporate Governance in Commercial Banks

[Registered by the Ministry of Justice of the Republic of Uzbekistan on February 26, 2019, registration number 943-5]

This resolution loses its force from October 1, 2020, based on Resolution No. 12/9 of the Board of Directors of the Central Bank of the Republic of Uzbekistan dated May 25, 2020, "On Recognizing the Regulation on Corporate Governance in Commercial Banks, as well as Amendments and Additions to It, as Lost in Force" [resolution] (registration number 943-6, dated June 30, 2020).

In accordance with the laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan," "On Banks and Banking Activity," and No. UРQ-516 dated January 15, 2019, "On Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan in Connection with the Improvement of Mechanisms for Combating Economic Crimes and Financing the Proliferation of Weapons of Mass Destruction," the Board of Directors of the Central Bank of the Republic of Uzbekistan resolves:

1. Amendments shall be made to the Regulation on Corporate Governance in Commercial Banks, approved by Resolution No. 472 of the Board of Directors of the Central Bank of the Republic of Uzbekistan dated June 24, 2000 (registration number 943, July 5, 2000) (Information Bulletin of Normative Legal Documents of Ministries, State Committees, and Agencies of the Republic of Uzbekistan, 2000, No. 13), and to the Appendix thereto.

2. This resolution enters into force from the date of its official publication.

Chairman of the Central Bank M. NURMURATOV

Tashkent city,

February 16, 2019,

No. 3/12

Resolution of the Board of Directors of the Central Bank of the Republic of Uzbekistan dated February 16, 2019, No. 3/12

APPENDIX

Amendments to be Made to the Regulation on Corporate Governance in Commercial Banks

1. In paragraph 31.1, the words "and terrorism" in the [second sentence](/docs/823067?ONDATE=15.07.2000 00#4142468) shall be replaced with the words ", financing of terrorism and proliferation of weapons of mass destruction."

2. In paragraph 4.2, the words "in coordination with the Central Bank" in the [first sentence](/docs/823067?ONDATE=15.07.2000 00#4142749) shall be deleted.

(National Database of Legislative Information, February 26, 2019, No. 10/19/943-5/2670)