National System for Countering the Legalization of Criminal Revenues and Terrorist Financing in the Republic of Uzbekistan: an Institutional and Legal Model of Financial Security

The article examines the institutional and legal model of the national system for combating money laundering and terrorist financing in the Republic of Uzbekistan from a public law perspective. It argues that the AML/ CFT system functions as an independent mechanism of public administration aimed at safeguarding financial security and mitigating financial risks. The study explores the institutional organisation of financial intelligence, its law-enforcement orientation, and the combination of analytical and criminalprocedural functions within a single public authority. Particular attention is paid to the development of the national AML/CFT system, its legal framework, and the role of national risk assessment and inter-agency coordination. The author proposes a public-law criterion for assessing the admissibility of a law-enforcement-based financial intelligence model, grounded in the legal separation of analytical activity and criminal-procedural enforcement. It is concluded that the effectiveness of the AML/CFT system depends on its integration into public administration and adherence to the principle of proportionality in state intervention in economic activity.