The National Agency for Advanced Projects (NAPP) of Uzbekistan has annulled the license of Alkes Research LLC, which was authorized to act as a professional fiduciary manager of investment assets in the stock market. This decision took effect on August 26, 2026.
Following the license revocation, NAPP updated the official public register of professional participants in the stock market on its website to reflect the change in the company's status.
Previously, Alkes Research LLC provided asset management services for investment funds in the country's financial market. Information regarding the license cancellation and the updated regulatory register was disclosed in accordance with established procedures.