Deloitte receives investment advisory license in Uzbekistan

BUSINESS 14:11 / 12.08.2020 1590

“It is gratifying to see that international consulting companies are showing interest in the capital market of Uzbekistan and their number is growing. This well-deserved attention once again shows that the adopted reforms in the development of the domestic market create conditions for liberalization and increasing the confidence of the international community. Also, the Agency takes an active and principled position in attracting all professional participants of financial markets to obtain a license for its financial and consulting activities,” said Atabek Nazirov, Director of the Capital Market Development Agency.

Director of the Agency awarded a license to provide consulting services to the Managing Partner of Deloitte in Uzbekistan Erkin Ayupov.

“Interest in securities as an investment target or raising capital is growing with the development of market infrastructure in Uzbekistan. An investment consultant license will allow our international experts share their professional knowledge and experience in this important area. We are always providing our clients with unique information on those strategies and instruments that help them make the most effective and timely decisions they can. We are sure that together, the Agency for Capital Market Development and Deloitte will be able to further improve the investment sector in our country,” the head of Deloitte in Uzbekistan Erkin Ayupov noted.

With over 312,000 employees, Deloitte has grown to be one of the largest professional services firms worldwide with a presence in over 150 countries. Deloitte offers unrivalled depth, breadth and quality of professional expertise to serve the needs of clients across various industry sectors.

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