The requirements for disclosure of information by joint-stock companies will be simplified
In the plenary session of the Senate, the Law “On amending and supplementing certain legal documents of the Republic of Uzbekistan” was approved.
According to the law, the rights of shareholders regarding the payment of dividends are strengthened, and employees of joint-stock companies are given preferential rights to purchase shares.
The requirement for joint-stock companies to have websites and the simplification of the requirements for disclosure of information by them are being mandated.
Additionally, the procedure for conducting lotteries and other gambling-based games is being clarified.
The regulation of the activities of stock exchanges is assigned to the National Agency for Prospective Projects.
