Uzbekistan Introduces Special Banking Requirements for Insolvent Companies

On 1 November, Uzbekistan reported a new directive requiring companies undergoing insolvency proceedings to use designated special bank accounts, with funds transferred from their regular accounts. The measure aims to improve financial oversight and control of payments during insolvency procedures; no monetary penalty or implementation budget was specified. This creates demand for insolvency advisers, legal consultants and financial compliance specialists; HPC can support businesses through professional advisory partnerships and regulatory service connections.

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