Tashkent, Uzbekistan (UzDaily.com) -- A delegation of the Central Bank of the Republic of Uzbekistan held negotiations in London with the investment bank ICBC Standard on measures to introduce the necessary infrastructure in the financial market of Uzbekistan and improve the regulatory framework based on international standards.
Experts from the investment bank ICBC Standard noted that it is necessary to establish relationships with international depositories, connect local and international settlement systems, and also create a legal environment to attract large foreign institutional investors to local financial markets.
Also, the investment bank ICBC Standard agreed on the technical start of settlements in the national currency - the soum and transactions with government securities in the financial markets of Uzbekistan in the coming days.