Regulatory engagement for the bank in UZ

What we know about the banking regulator in UZ

Banking regulation in UZ is multi-agency: cbu.uz (central bank), FIU (financial intelligence), tax (Soliq), AML / sanctions framework, data protection. Each has its own process.

Without a proper engagement plan — initiatives are blocked by regulatory clarity, not technology.

Our expertise:

Process knowledge. Licence modifications, new product approvals, biometric framework, BaaS clearance.

cbu.uz biometric requirements (April 2026). Specific framework, vendor pre-approval pathways.

AML / sanctions framework. cbu.uz expectations, FIU dialogue, FATF-compliance pathways.

Data protection (law 547). Cross-border restrictions, biometric special handling, breach notification.

Open banking framework — emerging, opportunities to shape.

BaaS / fintech licensing — what licensing is required, what is not.

Where we help

Regulatory Mapping for a specific initiative — 2-3 weeks.

Engagement Strategy — who to talk to, in what order.

Pre-application Preparation.

Ongoing Liaison — embed into quarterly regulatory dialogue.

What we bring

Process know-how and key contacts.

Experience of successful approvals in complex categories.

Independence — we advise, we do not lobby.

Related

• /en/insights/banking-biometrics-april-2026/ — biometrics
• /en/insights/banking-aml-regulatory-uz/ — AML regulatory
• /en/expertise/banking-compliance-discipline/ — compliance
• /en/decisions/banking-open-banking-lead-vs-follow/ — open banking