Uzbekistan plans to introduce a new system for assessing the activities of organizations involved in financial and property transactions. This initiative aims to identify and prevent serious risks such as money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction.
According to the draft regulation, these organizations will be categorized as "high," "medium," or "low" risk based on a special scoring system. This means that uniform control will not be applied to all organizations. Each entity's activities, operations, history, and risk indicators will be analyzed individually.
The assessment process will consider statistical data, suspicious transactions, information provided by government agencies, reports from citizens or organizations, and external data sources. This helps determine which organizations have high risk and which have a low probability of non-compliance.
The main goal of the new system is to make oversight more targeted and effective. Timely identification of risks in financial sectors is crucial. Cases involving money laundering or terrorist financing pose serious threats not only to the economy but also to national and public security.
The document specifies that preventive measures will be conducted for organizations assessed as high or medium risk to prevent violations. These measures will allow organizations to rectify shortcomings, strengthen internal controls, and comply with legal requirements.
If risky situations persist after preventive measures, an inspection may be initiated. Thus, inspections will not be random or general, but will be carried out only when specific risks and grounds exist.
At the same time, it is stipulated that if threats to human life and safety, terrorist financing, or money laundering are detected, inspections may be conducted without prior preventive measures. Rapid action is necessary in such situations, as delaying can lead to severe consequences.
The draft also provides for non-interference in the activities of organizations deemed low-risk. This is an important guarantee for honest and orderly businesses. Entities that comply with legal requirements will be protected from excessive inspections and pressure.
In short, the new system serves to pre-assess financial risks, identify suspicious transactions, and establish fair oversight. High-risk organizations will receive special attention, while low-risk entities will not face unnecessary interference. The goal is clear: the financial system must operate cleanly, transparently, and securely.
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