March 2026 proved to be a productive month for the legislation of the Republic of Uzbekistan. The reforms covered the financial sector — from Islamic banking to plans for establishing an international financial centre — as well as privatisation, personal data protection, customs regulation, and notarial practice.
In this digest, you will find:
Islamic banking: launch of the legal framework
Tashkent International Financial Centre (TIFC)
Privatisation and state-owned property
Data localisation: new rules for storage and cross-border transfer
Notarial writs of execution: enforcement without court proceedings
Preferences in preliminary import declarations
Non-state expert organisations: only in the form of non-profits
The material was prepared by Managing Partner of the Tashkent office, Bobir Karimov, Counsel and Attorney Ernest Khachaturyan, Associate Sarvarbek Olimjonov and Bobur Rakhmatov, as well as Paralegal Nigina Ibragimova.
