Financial Instruments Registration and Admission Department

Head: Guljahon Ganiyeva

Main goals:

• Conducting an examination of the documents of the financial and economic activities of the issuers;
• Organization of procedures for inclusion, transfer, and exclusion of securities from the exchange quotation list and the non-listed trading platform;
• Registration issues of exchange-traded bonds and monitoring their circulation and redemption;
• Monitoring issuers’ compliance with listing requirements and disclosure obligations;
• Analysis of the financial condition of issuers based on financial reporting;
• Participation in increasing the investment attractiveness and liquidity of securities;
• Improvement of listing procedures in line with international best practices and the requirements of the legislation of the Republic of Uzbekistan.

Phone: +998 55 5100300 (250)

E-mail: g.ganieva@uzse.uz

Market Supervision Department

Main goals:

• Ensuring control over admission to the trading system of exchange members and their traders, using a special module of the trading system (accounting for the tolerances of brokerage offices and registration of certificates of EDS traders).
• Control over the accounting of the presence of employees in a brokerage office with a certificate of a securities market specialist in accordance with the law.
• Ensuring the control of the availability of a license to operate as an investment intermediary in the implementation of brokerage and dealer activities and also depository operations by members of the exchange.
• Ensuring control over the validity period of a license as an investment intermediary issued by an authorized state body.

Business Development Department

Head: Indira Khabibulina

Main tasks:

• Defining the general concept and development goals of the Exchange, as well as developing an effective development strategy for the medium and long term, taking into account ongoing research in the local and foreign markets, in order to improve the standards of exchange activities, bringing them closer to the world ones and pursuing a unified Exchange policy in this area;
• Conducting an analysis of economic and financial indicators during the implementation of Exchange development projects, assessing the future state of the stock market, identifying key factors influencing the development of the stock market, processing stock market assessment information, forming a set of measures aimed at using market opportunities;
• Conducting research and processing information on the stock market and financial institutions, the activities of infrastructure participants of the exchange, assessment of possible risks and development potential of the Exchange, determination of their priority areas, assessment of the legal regulation of the stock market and development of methods for improving the operation of the Exchange’s trading systems based on the study and analysis of local and foreign securities markets;
• Participation in seminars, conferences, lectures held by the Exchange for representatives of listed companies, university and college students, among the population, as well as planning and conducting sociological research among professional participants in the securities market and investors on issues of improving the efficiency of the securities market;
• Preparation of draft bilateral and multilateral cooperation programs in the field of the exchange market, if necessary, draft Memorandums with leading international financial institutions, publication of articles in the media;
• Organizing the interaction of all structural divisions of the Exchange to implement the activities outlined in the strategy and business plan of the Exchange;
• Development of methods to improve the rules of exchange trading with securities regulating the procedure for making transactions on the Exchange, internal regulatory documents of the Exchange governing the procedure for admitting securities to exchange trading;
• Participation in the development of proposals, conducting PR campaigns, preparing presentations and other information materials aimed at increasing interest in the Exchange.

Phone: +998 55 5100300 (230)

E-mail: i.khabibulina@uzse.uz

External Communications Department

Head: Artem Tyan

Main tasks:

• Ensuring Public Communications and Corporate Image Formation;
• Information Support of the Organization’s Activities;
• Ensuring Interaction with Shareholders;
• Analytical and Information Support of the Market;
• Coordination of Interdepartmental Information Exchange;
• Development and Visualization of Information Materials;
• Organization and Support of Public Events.

Phone: +998 55 5100300 (290)

E-mail: a.tyan@uzse.uz

Analysis and Statistics Department

Head: Gulnoza Badalova

Key Objectives:

• Collection and processing of information on the Exchange's activities, investment institutions registered on the Exchange, as well as information on the stock market of other countries;
• Carrying out analytical and statistical research on the stock market and investment institutions with subsequent development of graphical, numerical and statistical indicators;
• Organization of preparation of analytical materials, speeches of the Exchange's specialists in mass media;
• Preparation of analytical reviews, monthly, quarterly and annual bulletins on the Exchange's activities for the current calendar period for posting on the Exchange's official Web-site;
• Analysing the activities of infrastructural participants of the stock exchange, analysing the strengths and weaknesses of the stock market, as well as assessing possible risks and development potential;
• Participation in the development of up-to-date information materials about the Exchange;
• Placing analytical infographics on the website;
• Participation in the development of proposals, PR campaigns, presentations, other information materials to stimulate interest in the Exchange.

Phone: +998 55 5100300 (270)

E-mail: analytics@uzse.uz

Information Technology Department

Head: Ismail Nurutdinov

Main goals:

• Implementation of network interaction between the RSE «Tashkent» and the SUE «Information Resource Center» to ensure uninterrupted operation of the Exchange's employees in the trading system of the Unified Software and Technical Complex (hereinafter - USTC);
• Coordination, editing and adding, together with the SUE «Information Resource Center» to the calendar of the trading system of the EPTC of weekends and additional working days;
• Ensuring protection from external penetration into the Exchange's computer network;
• Improving the professional level of exchange specialists on the practical application of new information technologies and related software;
• Ensuring the functioning of the computer system of electronic trading in securities not included in the Unified Software Trading System, as well as other information systems used on the Exchange;
• Software installation, configuration, and launch on the Exchange's workstations and servers;
• Ensuring the operability of office and computer equipment;
• Ensuring the reservation, copying, safety of information and databases of the Exchange;
• Preparation of the corresponding sections of the Exchange's business plan for the upcoming calendar year in terms of technical and technological re-equipment, as well as in terms of ensuring the functioning of the Department;
• Timely elimination of technical failures in the hardware part of the Exchange's trading system that is not part of the Unified Electronic Trading System;
• Development of proposals for improving hardware and software complexes used on the Exchange.

Phone: +998 55 5100300 (300)

E-mail: i.nurutdinov@uzse.uz

Finance Department

Chief Accountant: Alexandra Boymukhamedova

Main goals:

• Formation of complete and reliable data on the status and movement of assets, the status of property rights and obligations on the accounts of accounting;
• Compilation of accounting data for effective management;
• Preparation of financial, tax and other reports;
• Full accounting of incoming cash, inventory and fixed assets, as well as timely reflection in the accounting of transactions related to their movement;
• Accurate accounting of the results of the financial and economic activities of the Exchange in accordance with the established standards of the NAS;
• Correct calculation and timely transfer of payments to the budget, contributions to state social insurance, repayment of loans to banks on time, deduction of funds to economic incentive funds and other funds and reserves;
• Accrual and timely issuance of wages, as well as other deductions;
• Drawing up calculations and forms of financial statements on the basis of primary documents and accounting records, submitting them in due time to the relevant authorities.

Phone: +998 55 5100300 (204)

E-mail: a.boymukhamedova@uzse.uz

Methodology Department

Head: Shukurullo Turaev

Main goals:

• Organization of methodological work on improving the technology of exchange activities and securities trading;
• Preparation of draft rules for exchange trading in securities in a new edition and introduction of amendments and additions in accordance with legislative changes, as well as orders and instructions of the authorized body for regulating the securities market of the Republic of Uzbekistan;
• Participation in the preparation and development of internal regulatory documents regulating the process of placing securities of issuers on the Exchange (exchange listing);
• Preparation, development, and improvement of a methodology for calculations related to assessing the financial condition of issuers and conducting their expert review when placing securities of joint-stock companies on exchange trading;
• Participation in the introduction of amendments and additions to the rules for trading securities on the Exchange;
• Preparation and development of regulatory documents related to the introduction into the practice of trading in new financial instruments (government securities, exchange bonds and other types of debt securities, derivative securities);
• Development of proposals for improving the procedure for quoting securities on the Exchange and subsequently determining their market price, taking into account the liquidity of securities in connection with changes in legislation, as well as orders and instructions of the authorized body for regulating the securities market of the Republic of Uzbekistan;
• Preparation of proposals for improving the procedure for registering exchange transactions in the exchange trading system during the initial placement of securities in connection with changes in legislation, as well as orders and instructions of the authorized body for regulating the securities market of the Republic of Uzbekistan.

Phone: +998 55 5100300 (212)

E-mail: sh.turaev@uzse.uz

Internal Control and Risk Management Department

Head: Guldona Azimova

Main goals:

• Ensuring internal control of the Exchange's activities, compliance with the current legislative, regulatory and legal acts of the Republic of Uzbekistan and internal documents of the Exchange in the field of exchange activities, anti-corruption and anti-monopoly legislation, as well as compliance with the requirements of the charter and internal documents of the Exchange;
• Organization of anti-corruption and anti-monopoly preventive measures in the Exchange system to ensure control over compliance with the requirements of the legislation of the Republic of Uzbekistan;
• Participation in the development of internal documents of the Exchange with the application of norms aimed at preventing and combating corruption;
• Identification of a conflict of interest in the emergence of corruption risks and restrictions on competition in the activities of the Exchange and its employees.

Phone: +998 55 5100300 (310)

E-mail: g.azimova@uzse.uz

Legal Service

Legal adviser: Sherzod Khaydarov

Main goals:

• Ensuring compliance with the law in the activities of the Stock Exchange and the structural subdivisions on the organization of stock exchange trading in securities.
• Ensuring compliance with labor legislation on the Exchange, including the development of legal documents governing labor relations (labor contract, collective agreement, collective agreement, etc.).
• Ensuring the timely conduct of contractual and legal claims and lawsuits on the Exchange, improving the quality of contractual discipline.
• Providing legal protection in courts and other departments of the property and other interests of the Exchange.
• Control over the timeliness of execution by the Exchange of court decisions, the orders of the authorized state body for licensing of exchange activities, the authorized state body for regulating the securities market, orders and protests of law enforcement bodies.
• Control over the issuance of confidential information by the Exchange departments in accordance with the legislation upon request and requests from legal entities and individuals.
• Ensuring the work of the Arbitration Commission of the Exchange and preparation of relevant documents.
• Organization of records management and security of documents, their timely transfer to the archive, in accordance with internal local acts.

Phone: +998 55 5100300 (211)

E-mail: sh.khaydarov@uzse.uz