Uzbekistan's authorities aim to strengthen control and enhance the efficiency and transparency of enterprises and commercial banks with state participation.

The relevant decree was signed by the president.

The document emphasizes the development of corporate governance culture and the introduction of modern methods. Additionally, the share of independent members on the supervisory boards of enterprises and banks with state participation must be increased to 50%.

By the end of 2026, an initial public offering (IPO) of up to 30% of the charter capital shares of the joint-stock company "National Investment Fund of Uzbekistan" is planned on international and local stock markets.

Furthermore, additional requirements are introduced for companies with Fund participation. They are prohibited from adopting regulatory acts that allow retaining accrued dividends for their own use. Information on their role and share in the economy, financial results, business plan performance indicators, and other important data must be submitted to the State Assets Management Agency only after coordination with the Fund.

Recall that starting from April 2026, employees of units monitoring executive discipline in Uzbekistan's state bodies will undergo regular professional development training.

Source: podrobno.uz