21.07.2026
Representative of the Chamber of Accounts Participated in the U.S. Federal Reserve System's International Training Seminar
H. Sodiqov, a representative of the Chamber of Accounts of the Republic of Uzbekistan, participated in the international training seminar entitled "Risk-Focused Supervision and Risk Assessment", organized by the U.S. Federal Reserve System, the country's central bank.

The training program was held from 13 to 16 July 2026 in Washington, D.C., under the auspices of the Board of Governors of the Federal Reserve System. Participants were selected through an international competitive selection process conducted by the U.S. side.
The primary objective of the seminar was to study international best practices in organizing bank supervision based on a risk-focused approach, conducting comprehensive risk assessments in financial institutions, and enhancing the effectiveness of risk management.
The program combined lectures delivered by leading experts with in-depth practical research and case studies from the banking sector. Participants worked in groups, analyzed institutional data, and learned methodologies for assessing key supervisory risks.
Throughout the training, participants enhanced their knowledge and practical skills in assessing credit, liquidity, market, and operational risks, analyzing inherent and residual risks, evaluating risk management systems, applying off-site and on-site supervisory approaches through practical case studies, and preparing comprehensive risk assessment conclusions for banking institutions.
During the seminar, the representative of the Chamber of Accounts delivered a thematic presentation highlighting the extensive reforms implemented by the institution in recent years, including the introduction of international auditing standards and the digitalization of the public financial management and audit system.
Participation in this international training program contributed to further strengthening risk-based audit and supervision practices within the Chamber of Accounts, promoting the application of international best practices, and enhancing institutional capacity in the assessment and analysis of financial risks.

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