Changes in credit information exchange: current status and anticipated innovations.

The new measures are aimed at further enhancing relationships in the lending sector and increasing the level of protection for borrowers' data.

The discussion involved responsible employees from the Central Bank, as well as leaders from the credit bureaus LLC “Kredit-axborot tahliliy markazi” and LLC “CRIF Kredit axborot xizmatlari.”

One of the key changes is the right of individuals to prohibit the signing of a loan agreement without their involvement or knowledge. To do this, citizens must submit a corresponding application to the credit bureau. Upon receiving such an application, the information regarding the prohibition of concluding a loan agreement or its cancellation is promptly entered into the registry.

Additionally, participants in the media dialogue were thoroughly informed about the latest changes in credit information analysis.

Experts addressed pressing questions regarding factors that influence credit history, methods for improvement, and mechanisms for protection against online fraud. Special attention was given to the “Freeze” service, which prevents the unlawful issuance of loans in a person's name.

These new measures are aimed at increasing the transparency of the lending system and strengthening the protection of borrowers' personal data, which contributes to building trust in financial institutions.