News about NAPP: events, facts and developments on tafs uz.
3 stories
The National Agency for Advanced Projects has approved the procedure for the circulation of foreign securities within a “regulatory sandbox”: transactions are permitted only with assets from a special registry. Spot.uz described the procedure for including securities in the registry, requirements for issuers, and grounds for suspending trading.
Otabek YusupovThe National Agency for Advanced Projects has approved the procedure for granting qualified investor status to individuals and legal entities. Transactions with foreign securities within the 'regulatory sandbox' will be available only to holders of this status: individuals need assets of at least $5,000 and a test, while legal entities need net assets of at least 660 million soums, a specialized employee and at least five transactions per year.
Aziz KarimovNAPP 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
