Uzbekistan Approves Procedure for Circulation of Foreign Securities
The National Agency for Advanced Projects has regulated the circulation of securities under the special legal regime 'Regulatory Sandbox'

The National Agency for Advanced Projects has approved the relevant regulation, registered on 11 November 2026 under No. 3971. The document regulates the circulation of foreign securities and financial instruments within the special legal regime 'Regulatory Sandbox'.
The regulation provides for two mechanisms for organizing the circulation of such instruments, requirements for qualified investors, and rules for their accounting. It also establishes the obligations of investment intermediaries to protect clients' interests, the procedure for admitting financial instruments to circulation, as well as the conditions for its suspension and termination.
According to the agency, the new procedure should gradually expand investors' access to international financial markets, increase the transparency of operations, and ensure the protection of investors' rights and interests.





