Unified accounting rules for depository operations approved in Uzbekistan

The National Agency for Advanced Projects has approved new Accounting Rules for Depository Operations registered by the Agency's Director's Order No. 3628 dated June 16, 2025. The document establishes common approaches to the organization and maintenance of securities accounts, the procedure for performing depository operations, document management, internal control and reporting.

The rules are aimed at ensuring proper storage, accounting and confirmation of rights to securities of depositors, correct execution of operations, unification of accounting procedures and timely reflection of information in the registers of the depository system. The document also provides for measures to prevent errors and create conditions for verifying the correctness of operations with securities.

The rules are mandatory for all entities engaged in depository operations. Key provisions include the principles of depository accounting:

• depo accounts are maintained outside the balance sheet of the Central Depository and accounting organizations;
• accounting is conducted by the number of securities using accounting registers;
• the principle of double entry is applied: each security is reflected in passive and active analytical depo accounts;
• the securities balance sheet should ensure equality between the total number of securities of the same type on passive and active analytical accounts.

The rules are designed to increase the transparency and reliability of depository operations in the country.