The Central Bank of Uzbekistan fined three banks and restricted the operation of two payment systems.
The regulator revealed violations of prudential regulations and AML/CFT rules — banks, microfinance organizations, and payment organizations were subject to sanctions.
The Banking Supervision Committee of the Central Bank of Uzbekistan has imposed sanctions on a number of financial institutions. According to the regulator’s press service, in October 2025, the committee held seven meetings, at which more than 20 issues were considered.
Based on the results of studying the activities of financial institutions, one bank and one payment company were warned about possible fines — for violations of prudential requirements, non-compliance with legislation, and shortcomings identified during inspections.
Fines were imposed on three banks, five microfinance organizations, and two payment services. The violations concerned the requirements of the Central Bank, as well as the rules of AML/CFT — countering the legalization of criminal proceeds, the financing of terrorism, and the proliferation of weapons of mass destruction.
Additionally, due to identified violations, separate Tezpay and National Pay transactions were suspended for six months starting November 13th. Electronic payments processing, data transfer to banks, receiving funds for such transactions, and making money transfers through payment systems were banned.
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