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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of December 29, 2008 No. 284

About measures for implementation of the Law of the Republic of Uzbekistan "About the security market"

(The last edition from 09-10-2017)

For the purpose of ensuring effective implementation of the Law of the Republic of Uzbekistan "About the security market" and increases in financial stability of professional participants of the Cabinet of Ministers security market decides:

1. Agree with the offer of the State Property Committee of the Republic of Uzbekistan and the Center for coordination and control of functioning of the security market under the State Property Committee of the Republic of Uzbekistan about establishment since January 1, 2009 of the minimum sizes of own means of professional participants of the security market according to appendix No. 1.

To provide to the acting professional participants of the security market till January 1, 2010 reduction of the sizes of own means in compliance with requirements of this Item.

2. Approve Regulations on procedure for maintaining the Unified state register of release of issued securities according to appendix No. 2.

3. To the State Property Committee together with the Ministry of Finance, the Ministry of Economics, the Central bank of the Republic of Uzbekistan and other interested ministries and departments in two-month time to develop and bring in the Cabinet of Ministers Regulations on procedure for the admission to placement and the address in the territory of the Republic of Uzbekistan of the securities issued by nonresidents of the Republic of Uzbekistan, and also out of the territory of the Republic of Uzbekistan of the securities issued by residents of the Republic of Uzbekistan, and establishment of quotas on them.

4. Make changes and additions to some decisions of the Government of the Republic of Uzbekistan according to appendix No. 3.

5. In a month to provide to the center for coordination and control of functioning of the security market under the State Property Committee together with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments reduction of departmental regulatory legal acts in compliance with this resolution.

6. To impose control of execution of this resolution on the First Deputy Prime Minister of the Republic of Uzbekistan Azimov R. S.

Prime Minister of the Republic of Uzbekistan

Shavkat Mirziyoyev

Appendix No. 1

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 29, 2008 No. 284

Minimum sizes of own means of professional participants of the security market *

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