Improvement of The Legal Framework for Accounting and Asset Management Under Enforcement Documents, As Well As Mechanisms for Automated Control of Assets in Enforcement Proceedings of The Republic of Uzbekistan

Аннотация

The improvement of the legal framework for accounting and asset management under enforcement documents in the Republic of Uzbekistan focuses on enhancing the efficiency and transparency of enforcement proceedings. This involves updating laws and regulations related to the management, tracking, and accountability of assets seized during enforcement actions. Additionally, the introduction of automated control mechanisms aims to streamline the enforcement process by reducing human error, improving accuracy in asset tracking, and ensuring compliance. These reforms are intended to create a more effective and reliable system for asset management, ultimately contributing to a fairer and more efficient enforcement system in Uzbekistan. Keywords: Legal framework, Accounting, Asset management. Introduction: Effective enforcement of judicial acts and other bodies is the cornerstone of the legal system, aimed at restoring violated rights and protecting the legitimate interests of citizens and legal entities. In the Republic of Uzbekistan, this area is regulated by the law "On the Execution of Judicial Acts and Acts of other Journal of Social Sciences and Humanities Research Fundamentals 7 https://eipublication.com/index.php/jsshrf Journal of Social Sciences and Humanities Research Fundamentals bodies", as well as a number of regulatory documents, turn, leads to: including resolutions of the Cabinet of Ministers (for • Delaying the terms of enforcement proceedings: example, Resolution No. 18 of 12.01.2022, Resolutions Inefficient interaction and lack of operational control No. 200 and No. 132 of 2009, Resolution No. 3024-son increase the time required to conduct an assessment. of 19.06.2018) and document PF 1 of 03.01.2024. • Increase the risks of abuse and corruption: Non- Despite the reforms carried out, the problem of transparency of procedures and lack of automated ensuring full accounting and management of debtors ' control create a favorable environment for unfair assets in enforcement proceedings remains, which actions at various stages of the assessment. leads to a decrease in the effectiveness of recovery and generates corruption risks. This article examines the • Увеличению Increase in the number of outstanding main problems faced by law enforcement practice in enforcement proceedings: Delays and problems at the the field of enforcement of enforcement documents in stage of property assessment prevent further sale of the Republic of Uzbekistan, covers critical aspects of property and satisfaction of claims of recoverers. foreclosure on debtors' property. • Inability to analyze the performance of evaluation Problematicvaluations and storage, sale and control of organizations: The lack of systematic data and analytical assets not only reduce the effectiveness of tools does not allow us to assess the quality and enforcement proceedings, but also create timeliness of the work of various evaluation prerequisites for corruption risks and violations of the organizations, which makes it difficult to improve the rights of participants in enforcement proceedings. In evaluation system. this article,we will look at each category of problems in International practice shows that the use of common more detail and alsoожим suggest ways to improve assessment standards and the mandatory involvement the regulatory framework and introduce modern of independent experts allows achieving objectivity. For information technologies, which will create a single example, in Germany and the United States, standards electronic database of enforcement proceedings and developed by international organizations are used, ensure transparency of processes. which reduces the risk of corruption abuses. Problems of assessing the debtor's property Problems with property storage One of the most acute problems is the assessment of The second group of problems is unclear storage the debtor's property. Unsettled contractual relations conditions for property. The legislation does not contain between Enforcement Bureaus (hereinafter referred detailed rules governing the conditions and to as Bureaus) and valuation organizations, which are responsibility for the safety of property seized in the expressed in the absence of a legally established framework of enforcement proceedings. The absence of procedure and form of contracts for property regulated storage requirements (for example, valuation, is a significant gap. The reference to the contractual relations between creditors, enforcement Resolution of the Prosecutor General's Office and the agencies and specialized custodians) leads to loss or State Asset Management Agency No. 3297 of damage to property, a decrease in its market value, and 05.05.2021 only partially addresses the procedural an increase in corruption risks. In addition, there are no issues, without solving the problem of the lack of modern information systems that allow automated uniform standards and transparent mechanisms for accounting of pr