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Uzbekistan

Central Bank proposes easing biometric requirements and revising P2P transfer rules

The Central Bank of Uzbekistan has published for public consultation a draft package of amendments to the country's minimum requirements for information security, cybersecurity, and fraud prevention in remote financial services for individuals.

The Central Bank has put forward proposals to relax biometric verification mandates and modify regulations for person-to-person (P2P) transfers. The current regulatory framework received approval on December 2

biometric identificationp2p transfersmobile banking securitycustomer notificationscard managementcybersecurity standardsdata privacycentral bank regulations

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