Mon, 11/05/2015
In accordance with the resolution of the President of the Republic of Uzbekistan # PP-2327 dated 13 March 2015, a commission to improve the effectiveness of Joint Stock Companies and enhance the Corporate Governance system was established.
The purpose of the creation of the commission, which decisions are binding on all levels of Uzbekistan Government, is to attract foreign investment on the stock market, to improve the efficient management of state assets and to implement modern corporate governance practices across the market.
The commission is tasked with the following goals:
- Objective assessment of the optimal level of state presence in the economy;
- Analysis of foreign and domestic legislation governing the activity of JSC adopted in the world;
- Carrying out a systematic survey of JSC activity and corporate governance;
- Implementation of international norms and standards of corporate governance.
Contact:
Ekaterina Konovalova Relationship Manager, Global Securities Services Russia
Ekaterina.Konovalova@unicredit.ru