Shavkat Mirziyoyev has signed a law addressing the accountability for government agencies demanding excessive reporting from businesses. The document has been published on Lex.uz.

The law passed the lower house of the Oliy Majlis in July and received Senate approval in September. It amends Article 241.10 of the Code of Administrative Responsibility, which pertains to violations related to the requisition of documents.

The new version discusses the “demand for statistical, financial, tax, and other reports from business entities, not included in the unified list of reports and statistical data submitted by business entities to government authorities, as well as other documents not provided for by legislation.”

As before, the responsibility includes the requirement for excessive documents when opening a bank account. The article also addresses the requisition of reports included in the list, contrary to the timelines and procedures for submission.

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In case of violations, officials face fines ranging from 20 to 40 BRV (7.5–15 million sums). For repeated violations within a year, the fine will amount to 40–60 BRV (15–22.5 million sums).

The unified list of reports and statistical data required for submission was approved by a presidential decree in January. It includes 105 types of data.

Previously, Spot reported that the Central Bank instructed banks to implement an online system for processing inquiries.