Scientific and Educational Center for Corporate Governance has been assigned the functions of appraiser’s qualification certificate

In accordance with the Decree of the President of the Republic of Uzbekistan dated June 1, 2018 №PD-3764 “On measures for further development of the valuation services market”, the State Competition Committee transferred the issuance of an appraiser’s qualification certificate to the Scientific-educational Center for Corporate Governance.

The document specifies that Scientific-educational Center for Corporate Governance is starting special training courses on July 1, 2018 and the issue of certificate will be carried out with the successful passing of examinations on the results of special training courses, retraining and advanced training of appraisers.

There was established that:

programs for training courses, retraining and advanced training of appraisers are approved by Scientific-educational Center for Corporate Governance taking into account the proposals of professional appraisal organizations;

the validity period of previously issued licenses of appraisal organizations is terminated from January 1, 2019;

reissuance of previously issued appraiser’s qualification certificate before the expiration of their validity period is not required provided that the annual advanced refresher training courses are held at the Scientific and Educational Center for Corporate Governance.

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