Article 13. Grounds for Conducting an Inspection in the Implementation of State Assay Control

The grounds for conducting an inspection in the implementation of state assay control shall be:

schedule of measures for the implementation of state assay control over the activities of state enterprises, institutions and organizations, as well as legal entities with a state share in their authorized fund (authorized capital) in the amount of 50 percent or more approved by the Ministry of Finance of the Republic of Uzbekistan;

results of the application of the “risk analysis” system, involving the initiation of inspections based on the degree of risk of a business entity to commit violations of the legislation on precious metals and precious stones;

reports of individuals and legal entities about the facts of violation of the requirements of the legislation on precious metals and precious stones.

The Assay Chamber, together with the specially authorized state body for combating the legalization of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, shall monitor and control the compliance of organizations engaged in transactions with precious metals and precious stones with the requirements of the legislation on combating legalization proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction.