Document from CIS Legislation database © 2003-2017 SojuzPravoInform LLC

RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of January 12, 2007 No. PP-565

About further confidence-building measures of the population and business entities to bank system

(as of October 12, 2009)

For the purpose of further increase in level of capitalization of commercial banks, enforcement of trust of the population and business entities to bank system, legalization of their income, growths in volumes of deposits on deposit accounts, and also reducings extra bank turnover of cash:

1. Voided

2. To the Prosecutor General's Office of the Republic of Uzbekistan:

strengthen supervision of execution of the legislation on bank secrecy regarding non-admission of intervention in activities of banks and other credit institutions, and also the illegal requirement of provision of data from them which are bank secrecy;

make in accordance with the established procedure responsible the guilty officials violating requirements of this resolution.

3. To the Ministry of Justice of the Republic of Uzbekistan:

together with the Prosecutor General's Office, the Central bank, the Ministry of Finance, other interested ministries and departments in two weeks to make in the Cabinet of Ministers offers on the changes and amendments in the legislation following from this resolution;

provide reduction by the ministries and departments of the regulations in compliance with this resolution.

4. To impose control of execution of this resolution on the Prime Minister of the Republic of Uzbekistan Mirziyoyev Sh. M.

 

President

Republic of Uzbekistan I. Karimov

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