ISSUES OF IMPROVING THE ACTIVITIES OF THE PROSECUTOR'S OFFICE TO ENSURE THE RULE OF LAW IN THE CREDIT SECTOR

Abstract

The article examines the legal, institutional and technological issues of improving the activities of the Prosecutor’s Office in ensuring the rule of law in the credit sector of Uzbekistan. The credit sector is treated as a strategic component of financial stability, public confidence in banking institutions, entrepreneurship financing and protection of citizens’ property interests. The article argues that violations in credit relations should not be reduced to private contractual disputes between banks and borrowers, since unlawful lending practices, non-performing loans, misuse of credit funds, hidden contractual charges, corruption risks and money-laundering schemes may affect the economic security of the state. Particular attention is paid to the need to transform prosecutorial activity from a predominantly reactive model into a preventive, analytical, digital and risk-based system. The article analyses comparative foreign experience, including Germany, the United States, South Korea, Russia and FATF standards, and evaluates their adaptability to the Uzbek legal and institutional context. The study substantiates the need to introduce a Prosecutor’s Digital Monitoring Platform, AI-based risk indicators, blockchain-based audit trails for high-risk credit operations, RegTech and SupTech tools, specialised prosecutors for financial and banking offences, and stronger legal safeguards for banking secrecy, personal data and cybersecurity.