Financial Crime World

Uzbekistan: Compliance vs Risk Management - A Complex Landscape for International Businesses

As Uzbekistan’s economy continues to grow, it has become an increasingly attractive destination for international businesses and investors. However, navigating the risk management and compliance landscape in this complex market can be a daunting task.

Challenges Persist

Despite efforts by the government to improve the business climate and attract foreign investment, challenges persist in areas such as:

  • Bureaucracy
  • Corruption
  • Influence of large business players

These hurdles can make it difficult for organizations to ensure they are compliant with regulations and manage potential risks effectively.

Staying Ahead of Challenges

To help businesses operating in Uzbekistan stay ahead of these challenges, ClearPic offers a range of online tools and resources designed to provide real-time data and insights on company information, litigation records, public procurements, and more.

The Corporate Landscape Report 2023

The Corporate Landscape Report 2023 provides a comprehensive overview of the corporate landscape in Uzbekistan, offering insights into key company activities, charter capital size, and other registration data. The report is available for free download and offers a valuable resource for businesses looking to gain a deeper understanding of the market.

ClearPic’s Online Platform

ClearPic’s online platform aggregates data from multiple public registers into a single dashboard, allowing users to:

  • Automate counterparty finding
  • Validate information
  • Conduct background research procedures

With over 200 data sources and 800,000 company records, ClearPic provides the most complete information about counterparties in Uzbekistan.

Additional Resources

The platform also offers a range of other resources, including:

  • Litigation records
  • State procurements
  • Business activity data
  • Watch lists
  • Licenses and permits information

These tools can help businesses identify potential risks and ensure compliance with regulations.

Demos Available

For those looking to gain a firsthand look at ClearPic’s powerful online platform and its capabilities in UBO identification, affiliation mapping, public procurement analysis, and litigation record research, demos are available upon request.

Commitment to Reliability

By providing access to reliable data from official sources only, ClearPic is committed to helping businesses operating in Uzbekistan make informed decisions and stay ahead of the challenges posed by this complex market.