Uzbekistan approves procedure for circulation of foreign securities in the “regulatory sandbox”
NAPP approved a regulation on the procedure for circulation of foreign securities within the “regulatory sandbox” on the capital market. The document was registered with the Ministry of Justice on November 11 and defines which assets are admitted to circulation, who may buy them, and how settlements are conducted. Access is granted only to qualified investors, and transactions must be made with own funds. NAPP has approved a regulation on the procedure for trading foreign securities within the 'regulatory sandbox' in the capital market. The document was registered with the Ministry of Justice on 11 November and defines which assets are allowed into circulation, who may buy them, and how settlements are conducted. Access is granted only to qualified investors, and transactions must be made with their own funds.
Aziz Karimov