Uzbekistan has officially introduced the legal status of Public Interest Entities (PIE) and published their first registry. The new system imposes special reporting, audit, and governance requirements for companies playing a key role in the economy and society.
As of June 2026, the registry includes 425 organizations — the country's largest companies and financial institutions representing key economic sectors. Among them are the Navoi and Almalyk mining and metallurgical complexes, Uzbekneftegaz, Uzbekistan Railways, Uzbekistan Airports, Uzbektelecom, UzAuto Motors, major banks such as the National Bank of Uzbekistan, Uzpromstroybank, Asakabank, Agrobank, Ipoteka-bank, Xalq bank, Kapitalbank, Hamkorbank, Anor Bank, Octobank, digital economy and retail representatives including Uzum Market, Uzum Bank, Uzum Nasiya, Click, Payme, Paynet, Oson, Humans, as well as the Korzinka chain and other organizations meeting the established criteria.
The organizations are distributed by category as follows: 96 companies — publicly traded entities; 226 organizations — financial sector, including commercial banks, microfinance banks and organizations, factoring companies, mortgage refinancing structures, guarantee organizations, payment system operators and payment organizations; 14 organizations — investment funds and exchanges; 44 enterprises — state-owned companies (50% or more state share) meeting asset and revenue requirements; 132 organizations — large enterprises with assets and net revenue of at least 1 million BRV (412 billion soums) for two consecutive years and a staff of at least 500 employees.
The registry of public interest entities has been published on the Single Government Portal. According to the new rules, starting January 1, 2027, PIEs are required to maintain accounting records in accordance with International Financial Reporting Standards (IFRS), and for the year ending 2028, they must prepare and publish reports with audit opinions. Exceptions apply to organizations for which legislation provides earlier deadlines for transitioning to international standards.
The Ministry of Economy and Finance, which proposed the new status, emphasized that approving company selection criteria and forming an official registry will be an important step in increasing transparency and quality of financial reporting and auditing in the country. The innovations will strengthen monitoring of companies influencing society and the economy, improve corporate governance, expand the application of IFRS, and enhance Uzbekistan's investment attractiveness.
Source: podrobno.uz