CURRENT STATE AND PROSPECTS OF COMPLIANCE SYSTEM DEVELOPMENT IN THE REPUBLIC OF UZBEKISTAN

Abstract

In the modern system of internal control of companies in the area of improving corporate governance, one of the key types of control is compliance control. This system monitors the compliance of organizations' activities with applicable national standards and international legislation.The article reveals the essence of the compliance system, its role in improving the corporate governance of companies, the advantages and possible consequences for corporations that implement and do not use anti-corruption compliance, as well as the current state of the application of the compliance system in the Republic of Uzbekistan.