Peculiarities of the Implementation of International Fatf Recommendations in the Legislation of the Republic of Uzbekistan

Abstract

This article explores the implementation of the Financial Action Task Force (FATF) Recommendations in the national legal framework of the Republic of Uzbekistan. Given the transnational nature of money laundering, terrorist financing, and proliferation financing, aligning domestic laws with FATF standards has become essential for global economic integration and financial transparency. The study assesses the current state of Uzbekistan’s anti-money laundering and counter-terrorism financing (AML/CFT) legislation, identifies gaps, and analyzes reforms made in response to FATF evaluations. Drawing upon primary legal sources, international reports, and academic literature, this paper offers a deep analytical perspective on the successes, limitations, and future prospects of FATF implementation in Uzbekistan, including the political, legal, and institutional challenges encountered. The article concludes with recommendations for more effective and sustainable compliance with global AML/CFT norms.