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Central Bank

News about Central Bank: events, facts and developments on tafs uz.

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Former Head of Hungary's Central Bank Gyorgy Matolcsy Detained in Financial Fraud Case

Former head of Hungary's National Bank Gyorgy Matolcsy, an ally of Viktor Orban, was detained on the morning of October 21 as part of an investigation into embezzlement and fraud. The charges concern the reconstruction of the bank's headquarters and investments by funds financed by the central bank. His lawyer confirmed suspicions of fraud and document falsification.

3 min read

Central Bank of Uzbekistan updates the rules of the 'regulatory sandbox' for financial services: three tracks and a mandatory notice in advertising

The Central Bank of Uzbekistan approved a new version of the regulation on the special legal regime (the 'regulatory sandbox') in the field of financial services. The document was registered by the Ministry of Justice on October 19, 2026 and replaces the regulation from October 2022. Participants will be divided into three tracks — innovation, acceleration and technological partnership; for acceleration, testing is limited to 12 months with an extension of up to 6 months, while the 3-year term remains for the others. Advertising of services from the 'sandbox' must indicate that the service is provided in test mode; non-residents will also be able to participate.

4 min read

Yemen's Central Bank Orders Banks to Freeze Assets of 135 Houthi-Linked Individuals and Entities

The Central Bank of Yemen (Aden) has ordered the freezing of accounts and assets of 135 Houthi-linked individuals, entities and vessels included on terrorist lists. The directive was issued on the basis of the attorney general's decision of October 19. The list includes Houthi political, military and security figures, businessmen, one company and five oil tankers identified as smuggling vessels. The names have not been disclosed.

2 min read

Over 2.8 million people in Uzbekistan have set a self-ban on obtaining loans

According to the Credit Information Analytical Center, as of October 1, 2026, 2,841,475 people had used the 'Credit Ban' service — over three months their number grew by 10.4%. The service, launched on June 6, allows one to free of charge prohibit the conclusion of loan agreements in one's name without the citizen's knowledge and protects against fraud.

3 min read

Number of Uzbeks Leaving to Work in Russia Fell by 13.2%

According to the Central Bank of Uzbekistan's 'Labor Market Review', in the first half of 2026, 1.179 million citizens left for Russia to earn money — 13.2% fewer than a year earlier. Meanwhile, migration to Turkey, South Korea and the EU is growing, and remittances from Russia increased by 8.8%.

2 min read

Uzbekistan Discusses Fees for Topping Up Cards with Cash: Central Bank and Economists' Position

At a round table held at the Central Bank of Uzbekistan on October 15, fees in financial services were discussed, including charges for depositing cash onto a card. Economist Otabek Bakirov noted that foreign banks do not charge for topping up their own accounts. A representative of Naran Bank reported: topping up via ADM devices is free for its own clients, and 0.4% for clients of other banks.

2 min read

Uzbekistan Central Bank hosts discussion on Uzcard and Humo fees: economist points to payment systems' profits

On October 5, the Central Bank of Uzbekistan held a round table on fees in banking and payment services with the participation of commercial banks, payment organizations, payment systems and the media. The discussion covered how Uzcard and Humo tariffs are formed and how their growth affects banks and consumers. Economist Otabek Bakirov stated that over the past year and a half to two years the benefits have been concentrated with payment systems, and called on the regulator to strengthen competition rather than set tariffs administratively.

2 min read