id	sid	tid	token	lemma	pos
ajrhss-2840	1	1	american	american	PROPN
ajrhss-2840	1	2	journal	journal	PROPN
ajrhss-2840	1	3	of	of	ADP
ajrhss-2840	1	4	business	business	NOUN
ajrhss-2840	1	5	management	management	NOUN
ajrhss-2840	1	6	,	,	PUNCT
ajrhss-2840	1	7	economics	economic	NOUN
ajrhss-2840	1	8	and	and	CCONJ
ajrhss-2840	1	9	banking	banking	NOUN
ajrhss-2840	1	10	issn	issn	PROPN
ajrhss-2840	1	11	(	(	PUNCT
ajrhss-2840	1	12	e	e	NOUN
ajrhss-2840	1	13	):	):	PUNCT
ajrhss-2840	1	14	2832	2832	NUM
ajrhss-2840	1	15	-	-	SYM
ajrhss-2840	1	16	8078	8078	NUM
ajrhss-2840	1	17	volume	volume	NOUN
ajrhss-2840	1	18	35	35	NUM
ajrhss-2840	1	19	,	,	PUNCT
ajrhss-2840	1	20	april	april	PROPN
ajrhss-2840	1	21	2025	2025	NUM
ajrhss-2840	1	22	p	p	NOUN
ajrhss-2840	1	23	a	a	DET
ajrhss-2840	1	24	g	g	NOUN
ajrhss-2840	1	25	e	e	NOUN
ajrhss-2840	1	26	|	|	ADV
ajrhss-2840	1	27	18	18	NUM
ajrhss-2840	1	28	www.americanjournal.org	www.americanjournal.org	NOUN
ajrhss-2840	1	29	development	development	NOUN
ajrhss-2840	1	30	of	of	ADP
ajrhss-2840	1	31	the	the	DET
ajrhss-2840	1	32	securities	security	NOUN
ajrhss-2840	1	33	market	market	NOUN
ajrhss-2840	1	34	in	in	ADP
ajrhss-2840	1	35	uzbekistan	uzbekistan	PROPN
ajrhss-2840	1	36	:	:	PUNCT
ajrhss-2840	1	37	improvement	improvement	NOUN
ajrhss-2840	1	38	of	of	ADP
ajrhss-2840	1	39	the	the	DET
ajrhss-2840	1	40	regulatory	regulatory	ADJ
ajrhss-2840	1	41	and	and	CCONJ
ajrhss-2840	1	42	legal	legal	ADJ
ajrhss-2840	1	43	framework	framework	NOUN
ajrhss-2840	1	44	and	and	CCONJ
ajrhss-2840	1	45	digitalization	digitalization	NOUN
ajrhss-2840	1	46	trends	trend	NOUN
ajrhss-2840	1	47	f.	f.	PROPN
ajrhss-2840	1	48	muxamedov	muxamedov	PROPN
ajrhss-2840	1	49	tsue	tsue	PROPN
ajrhss-2840	1	50	professor	professor	NOUN
ajrhss-2840	1	51	of	of	ADP
ajrhss-2840	1	52	the	the	DET
ajrhss-2840	1	53	"	"	PUNCT
ajrhss-2840	1	54	corporate	corporate	ADJ
ajrhss-2840	1	55	finance	finance	NOUN
ajrhss-2840	1	56	and	and	CCONJ
ajrhss-2840	1	57	securities	security	NOUN
ajrhss-2840	1	58	"	"	PUNCT
ajrhss-2840	1	59	department	department	PROPN
ajrhss-2840	1	60	a.	a.	PROPN
ajrhss-2840	1	61	ibodullayev	ibodullayev	PROPN
ajrhss-2840	1	62	tsue	tsue	PROPN
ajrhss-2840	1	63	professor	professor	NOUN
ajrhss-2840	1	64	of	of	ADP
ajrhss-2840	1	65	the	the	DET
ajrhss-2840	1	66	"	"	PUNCT
ajrhss-2840	1	67	corporate	corporate	ADJ
ajrhss-2840	1	68	finance	finance	NOUN
ajrhss-2840	1	69	and	and	CCONJ
ajrhss-2840	1	70	securities	security	NOUN
ajrhss-2840	1	71	"	"	PUNCT
ajrhss-2840	1	72	department	department	PROPN
ajrhss-2840	1	73	a	a	DET
ajrhss-2840	1	74	b	b	PROPN
ajrhss-2840	1	75	s	s	ADP
ajrhss-2840	1	76	t	t	PROPN
ajrhss-2840	1	77	r	r	NOUN
ajrhss-2840	1	78	a	a	DET
ajrhss-2840	1	79	c	c	NOUN
ajrhss-2840	1	80	t	t	NOUN
ajrhss-2840	1	81	k	k	X
ajrhss-2840	1	82	e	e	PROPN
ajrhss-2840	1	83	y	y	PROPN
ajrhss-2840	1	84	w	w	NOUN
ajrhss-2840	2	1	o	o	NOUN
ajrhss-2840	2	2	r	r	NOUN
ajrhss-2840	2	3	d	d	X
ajrhss-2840	2	4	s	s	VERB
ajrhss-2840	2	5	this	this	DET
ajrhss-2840	2	6	article	article	NOUN
ajrhss-2840	2	7	analyzes	analyze	VERB
ajrhss-2840	2	8	the	the	DET
ajrhss-2840	2	9	development	development	NOUN
ajrhss-2840	2	10	of	of	ADP
ajrhss-2840	2	11	the	the	DET
ajrhss-2840	2	12	securities	security	NOUN
ajrhss-2840	2	13	market	market	NOUN
ajrhss-2840	2	14	in	in	ADP
ajrhss-2840	2	15	the	the	DET
ajrhss-2840	2	16	republic	republic	NOUN
ajrhss-2840	2	17	of	of	ADP
ajrhss-2840	2	18	uzbekistan	uzbekistan	PROPN
ajrhss-2840	2	19	from	from	ADP
ajrhss-2840	2	20	2019	2019	NUM
ajrhss-2840	2	21	to	to	ADP
ajrhss-2840	2	22	2024	2024	NUM
ajrhss-2840	2	23	,	,	PUNCT
ajrhss-2840	2	24	the	the	DET
ajrhss-2840	2	25	improvement	improvement	NOUN
ajrhss-2840	2	26	of	of	ADP
ajrhss-2840	2	27	the	the	DET
ajrhss-2840	2	28	regulatory	regulatory	ADJ
ajrhss-2840	2	29	and	and	CCONJ
ajrhss-2840	2	30	legal	legal	ADJ
ajrhss-2840	2	31	framework	framework	NOUN
ajrhss-2840	2	32	,	,	PUNCT
ajrhss-2840	2	33	and	and	CCONJ
ajrhss-2840	2	34	the	the	DET
ajrhss-2840	2	35	process	process	NOUN
ajrhss-2840	2	36	of	of	ADP
ajrhss-2840	2	37	implementing	implement	VERB
ajrhss-2840	2	38	digital	digital	ADJ
ajrhss-2840	2	39	technologies	technology	NOUN
ajrhss-2840	2	40	.	.	PUNCT
ajrhss-2840	3	1	the	the	DET
ajrhss-2840	3	2	2023	2023	NUM
ajrhss-2840	3	3	report	report	NOUN
ajrhss-2840	3	4	of	of	ADP
ajrhss-2840	3	5	the	the	DET
ajrhss-2840	3	6	"	"	PUNCT
ajrhss-2840	3	7	tashkent	tashkent	ADJ
ajrhss-2840	3	8	"	"	PUNCT
ajrhss-2840	3	9	republic	republic	NOUN
ajrhss-2840	3	10	stock	stock	PROPN
ajrhss-2840	3	11	exchange	exchange	PROPN
ajrhss-2840	3	12	,	,	PUNCT
ajrhss-2840	3	13	regulatory	regulatory	ADJ
ajrhss-2840	3	14	documents	document	NOUN
ajrhss-2840	3	15	on	on	ADP
ajrhss-2840	3	16	internal	internal	ADJ
ajrhss-2840	3	17	control	control	NOUN
ajrhss-2840	3	18	from	from	ADP
ajrhss-2840	3	19	2019	2019	NUM
ajrhss-2840	3	20	and	and	CCONJ
ajrhss-2840	3	21	2021	2021	NUM
ajrhss-2840	3	22	,	,	PUNCT
ajrhss-2840	3	23	and	and	CCONJ
ajrhss-2840	3	24	the	the	DET
ajrhss-2840	3	25	procedure	procedure	NOUN
ajrhss-2840	3	26	for	for	ADP
ajrhss-2840	3	27	remote	remote	ADJ
ajrhss-2840	3	28	digital	digital	ADJ
ajrhss-2840	3	29	identification	identification	NOUN
ajrhss-2840	3	30	of	of	ADP
ajrhss-2840	3	31	clients	client	NOUN
ajrhss-2840	3	32	in	in	ADP
ajrhss-2840	3	33	2024	2024	NUM
ajrhss-2840	3	34	were	be	AUX
ajrhss-2840	3	35	used	use	VERB
ajrhss-2840	3	36	to	to	PART
ajrhss-2840	3	37	study	study	VERB
ajrhss-2840	3	38	the	the	DET
ajrhss-2840	3	39	transparency	transparency	NOUN
ajrhss-2840	3	40	,	,	PUNCT
ajrhss-2840	3	41	security	security	NOUN
ajrhss-2840	3	42	,	,	PUNCT
ajrhss-2840	3	43	and	and	CCONJ
ajrhss-2840	3	44	alignment	alignment	NOUN
ajrhss-2840	3	45	of	of	ADP
ajrhss-2840	3	46	the	the	DET
ajrhss-2840	3	47	market	market	NOUN
ajrhss-2840	3	48	with	with	ADP
ajrhss-2840	3	49	international	international	ADJ
ajrhss-2840	3	50	standards	standard	NOUN
ajrhss-2840	3	51	(	(	PUNCT
ajrhss-2840	3	52	fatf	fatf	NOUN
ajrhss-2840	3	53	,	,	PUNCT
ajrhss-2840	3	54	kyc	kyc	PROPN
ajrhss-2840	3	55	,	,	PUNCT
ajrhss-2840	3	56	aml	aml	PROPN
ajrhss-2840	3	57	/	/	SYM
ajrhss-2840	3	58	cft	cft	PROPN
ajrhss-2840	3	59	)	)	PUNCT
ajrhss-2840	3	60	.	.	PUNCT
ajrhss-2840	4	1	the	the	DET
ajrhss-2840	4	2	results	result	NOUN
ajrhss-2840	4	3	show	show	VERB
ajrhss-2840	4	4	that	that	SCONJ
ajrhss-2840	4	5	the	the	DET
ajrhss-2840	4	6	legal	legal	ADJ
ajrhss-2840	4	7	infrastructure	infrastructure	NOUN
ajrhss-2840	4	8	of	of	ADP
ajrhss-2840	4	9	the	the	DET
ajrhss-2840	4	10	market	market	NOUN
ajrhss-2840	4	11	has	have	AUX
ajrhss-2840	4	12	been	be	AUX
ajrhss-2840	4	13	strengthened	strengthen	VERB
ajrhss-2840	4	14	,	,	PUNCT
ajrhss-2840	4	15	digitalization	digitalization	NOUN
ajrhss-2840	4	16	has	have	AUX
ajrhss-2840	4	17	improved	improve	VERB
ajrhss-2840	4	18	convenience	convenience	NOUN
ajrhss-2840	4	19	for	for	ADP
ajrhss-2840	4	20	investors	investor	NOUN
ajrhss-2840	4	21	,	,	PUNCT
ajrhss-2840	4	22	but	but	CCONJ
ajrhss-2840	4	23	liquidity	liquidity	NOUN
ajrhss-2840	4	24	and	and	CCONJ
ajrhss-2840	4	25	technological	technological	ADJ
ajrhss-2840	4	26	infrastructure	infrastructure	NOUN
ajrhss-2840	4	27	constraints	constraint	NOUN
ajrhss-2840	4	28	remain	remain	VERB
ajrhss-2840	4	29	.	.	PUNCT
ajrhss-2840	5	1	based	base	VERB
ajrhss-2840	5	2	on	on	ADP
ajrhss-2840	5	3	international	international	ADJ
ajrhss-2840	5	4	experience	experience	NOUN
ajrhss-2840	5	5	(	(	PUNCT
ajrhss-2840	5	6	india	india	PROPN
ajrhss-2840	5	7	,	,	PUNCT
ajrhss-2840	5	8	european	european	PROPN
ajrhss-2840	5	9	union	union	PROPN
ajrhss-2840	5	10	)	)	PUNCT
ajrhss-2840	5	11	,	,	PUNCT
ajrhss-2840	5	12	recommendations	recommendation	NOUN
ajrhss-2840	5	13	for	for	ADP
ajrhss-2840	5	14	future	future	ADJ
ajrhss-2840	5	15	development	development	NOUN
ajrhss-2840	5	16	were	be	AUX
ajrhss-2840	5	17	provided	provide	VERB
ajrhss-2840	5	18	.	.	PUNCT
ajrhss-2840	6	1	securities	security	NOUN
ajrhss-2840	6	2	market	market	NOUN
ajrhss-2840	6	3	,	,	PUNCT
ajrhss-2840	6	4	internal	internal	ADJ
ajrhss-2840	6	5	control	control	NOUN
ajrhss-2840	6	6	,	,	PUNCT
ajrhss-2840	6	7	digital	digital	ADJ
ajrhss-2840	6	8	identification	identification	NOUN
ajrhss-2840	6	9	,	,	PUNCT
ajrhss-2840	6	10	stock	stock	NOUN
ajrhss-2840	6	11	exchange	exchange	NOUN
ajrhss-2840	6	12	,	,	PUNCT
ajrhss-2840	6	13	regulatory	regulatory	ADJ
ajrhss-2840	6	14	and	and	CCONJ
ajrhss-2840	6	15	legal	legal	ADJ
ajrhss-2840	6	16	framework	framework	NOUN
ajrhss-2840	6	17	,	,	PUNCT
ajrhss-2840	6	18	aml	aml	PROPN
ajrhss-2840	6	19	/	/	SYM
ajrhss-2840	6	20	cft	cft	PROPN
ajrhss-2840	6	21	,	,	PUNCT
ajrhss-2840	6	22	kyc	kyc	PROPN
ajrhss-2840	6	23	,	,	PUNCT
ajrhss-2840	6	24	fatf	fatf	NOUN
ajrhss-2840	6	25	,	,	PUNCT
ajrhss-2840	6	26	uzbekistan	uzbekistan	PROPN
ajrhss-2840	6	27	,	,	PUNCT
ajrhss-2840	6	28	digitalization	digitalization	NOUN
ajrhss-2840	6	29	.	.	PUNCT
ajrhss-2840	7	1	introduction	introduction	NOUN
ajrhss-2840	7	2	the	the	DET
ajrhss-2840	7	3	securities	security	NOUN
ajrhss-2840	7	4	market	market	NOUN
ajrhss-2840	7	5	in	in	ADP
ajrhss-2840	7	6	uzbekistan	uzbekistan	PROPN
ajrhss-2840	7	7	was	be	AUX
ajrhss-2840	7	8	formed	form	VERB
ajrhss-2840	7	9	in	in	ADP
ajrhss-2840	7	10	the	the	DET
ajrhss-2840	7	11	legislative	legislative	ADJ
ajrhss-2840	7	12	framework	framework	NOUN
ajrhss-2840	7	13	in	in	ADP
ajrhss-2840	7	14	the	the	DET
ajrhss-2840	7	15	1990s	1990s	NUM
ajrhss-2840	7	16	.	.	PUNCT
ajrhss-2840	8	1	based	base	VERB
ajrhss-2840	8	2	on	on	ADP
ajrhss-2840	8	3	the	the	DET
ajrhss-2840	8	4	presidential	presidential	ADJ
ajrhss-2840	8	5	decree	decree	NOUN
ajrhss-2840	8	6	no	no	INTJ
ajrhss-2840	8	7	.	.	PROPN
ajrhss-2840	8	8	745	745	NUM
ajrhss-2840	8	9	of	of	ADP
ajrhss-2840	8	10	the	the	DET
ajrhss-2840	8	11	republic	republic	NOUN
ajrhss-2840	8	12	of	of	ADP
ajrhss-2840	8	13	uzbekistan	uzbekistan	PROPN
ajrhss-2840	8	14	on	on	ADP
ajrhss-2840	8	15	"	"	PUNCT
ajrhss-2840	8	16	measures	measure	NOUN
ajrhss-2840	8	17	for	for	ADP
ajrhss-2840	8	18	further	far	ADV
ajrhss-2840	8	19	deepening	deepen	VERB
ajrhss-2840	8	20	economic	economic	ADJ
ajrhss-2840	8	21	reforms	reform	NOUN
ajrhss-2840	8	22	,	,	PUNCT
ajrhss-2840	8	23	protecting	protect	VERB
ajrhss-2840	8	24	private	private	ADJ
ajrhss-2840	8	25	property	property	NOUN
ajrhss-2840	8	26	rights	right	NOUN
ajrhss-2840	8	27	,	,	PUNCT
ajrhss-2840	8	28	and	and	CCONJ
ajrhss-2840	8	29	promoting	promote	VERB
ajrhss-2840	8	30	entrepreneurship	entrepreneurship	NOUN
ajrhss-2840	8	31	,	,	PUNCT
ajrhss-2840	8	32	"	"	PUNCT
ajrhss-2840	8	33	the	the	DET
ajrhss-2840	8	34	"	"	PUNCT
ajrhss-2840	8	35	tashkent	tashkent	ADJ
ajrhss-2840	8	36	"	"	PUNCT
ajrhss-2840	8	37	republic	republic	NOUN
ajrhss-2840	8	38	stock	stock	PROPN
ajrhss-2840	8	39	exchange	exchange	PROPN
ajrhss-2840	8	40	was	be	AUX
ajrhss-2840	8	41	established	establish	VERB
ajrhss-2840	8	42	on	on	ADP
ajrhss-2840	8	43	april	april	PROPN
ajrhss-2840	8	44	8	8	NUM
ajrhss-2840	8	45	,	,	PUNCT
ajrhss-2840	8	46	1994	1994	NUM
ajrhss-2840	8	47	.	.	PUNCT
ajrhss-2840	9	1	its	its	PRON
ajrhss-2840	9	2	active	active	ADJ
ajrhss-2840	9	3	development	development	NOUN
ajrhss-2840	9	4	began	begin	VERB
ajrhss-2840	9	5	in	in	ADP
ajrhss-2840	9	6	the	the	DET
ajrhss-2840	9	7	second	second	ADJ
ajrhss-2840	9	8	half	half	NOUN
ajrhss-2840	9	9	of	of	ADP
ajrhss-2840	9	10	the	the	DET
ajrhss-2840	9	11	2010s	2010s	NUM
ajrhss-2840	9	12	.	.	PUNCT
ajrhss-2840	10	1	according	accord	VERB
ajrhss-2840	10	2	to	to	ADP
ajrhss-2840	10	3	the	the	DET
ajrhss-2840	10	4	2023	2023	NUM
ajrhss-2840	10	5	report	report	NOUN
ajrhss-2840	10	6	of	of	ADP
ajrhss-2840	10	7	the	the	DET
ajrhss-2840	10	8	"	"	PUNCT
ajrhss-2840	10	9	tashkent	tashkent	ADJ
ajrhss-2840	10	10	"	"	PUNCT
ajrhss-2840	10	11	republic	republic	NOUN
ajrhss-2840	10	12	stock	stock	PROPN
ajrhss-2840	10	13	exchange	exchange	PROPN
ajrhss-2840	10	14	,	,	PUNCT
ajrhss-2840	10	15	the	the	DET
ajrhss-2840	10	16	volume	volume	NOUN
ajrhss-2840	10	17	of	of	ADP
ajrhss-2840	10	18	exchange	exchange	NOUN
ajrhss-2840	10	19	trading	trading	NOUN
ajrhss-2840	10	20	showed	show	VERB
ajrhss-2840	10	21	an	an	DET
ajrhss-2840	10	22	upward	upward	ADJ
ajrhss-2840	10	23	trend	trend	NOUN
ajrhss-2840	10	24	compared	compare	VERB
ajrhss-2840	10	25	to	to	ADP
ajrhss-2840	10	26	the	the	DET
ajrhss-2840	10	27	previous	previous	ADJ
ajrhss-2840	10	28	year	year	NOUN
ajrhss-2840	10	29	,	,	PUNCT
ajrhss-2840	10	30	confirming	confirm	VERB
ajrhss-2840	10	31	the	the	DET
ajrhss-2840	10	32	market	market	NOUN
ajrhss-2840	10	33	's	's	PART
ajrhss-2840	10	34	growing	grow	VERB
ajrhss-2840	10	35	role	role	NOUN
ajrhss-2840	10	36	in	in	ADP
ajrhss-2840	10	37	economic	economic	ADJ
ajrhss-2840	10	38	activity	activity	NOUN
ajrhss-2840	10	39	.	.	PUNCT
ajrhss-2840	11	1	the	the	DET
ajrhss-2840	11	2	regulatory	regulatory	ADJ
ajrhss-2840	11	3	documents	document	NOUN
ajrhss-2840	11	4	adopted	adopt	VERB
ajrhss-2840	11	5	by	by	ADP
ajrhss-2840	11	6	the	the	DET
ajrhss-2840	11	7	republic	republic	NOUN
ajrhss-2840	11	8	of	of	ADP
ajrhss-2840	11	9	uzbekistan	uzbekistan	PROPN
ajrhss-2840	11	10	,	,	PUNCT
ajrhss-2840	11	11	such	such	ADJ
ajrhss-2840	11	12	as	as	ADP
ajrhss-2840	11	13	the	the	DET
ajrhss-2840	11	14	ministry	ministry	PROPN
ajrhss-2840	11	15	of	of	ADP
ajrhss-2840	11	16	justice	justice	PROPN
ajrhss-2840	11	17	's	's	PART
ajrhss-2840	11	18	decree	decree	NOUN
ajrhss-2840	11	19	on	on	ADP
ajrhss-2840	11	20	october	october	PROPN
ajrhss-2840	11	21	23	23	NUM
ajrhss-2840	11	22	,	,	PUNCT
ajrhss-2840	11	23	2019	2019	NUM
ajrhss-2840	11	24	,	,	PUNCT
ajrhss-2840	11	25	on	on	ADP
ajrhss-2840	11	26	"	"	PUNCT
ajrhss-2840	11	27	amendments	amendment	NOUN
ajrhss-2840	11	28	and	and	CCONJ
ajrhss-2840	11	29	additions	addition	NOUN
ajrhss-2840	11	30	to	to	ADP
ajrhss-2840	11	31	the	the	DET
ajrhss-2840	11	32	regulation	regulation	NOUN
ajrhss-2840	11	33	on	on	ADP
ajrhss-2840	11	34	internal	internal	ADJ
ajrhss-2840	11	35	control	control	NOUN
ajrhss-2840	11	36	of	of	ADP
ajrhss-2840	11	37	professional	professional	ADJ
ajrhss-2840	11	38	participants	participant	NOUN
ajrhss-2840	11	39	in	in	ADP
ajrhss-2840	11	40	the	the	DET
ajrhss-2840	11	41	securities	security	NOUN
ajrhss-2840	11	42	market	market	NOUN
ajrhss-2840	11	43	,	,	PUNCT
ajrhss-2840	11	44	"	"	PUNCT
ajrhss-2840	11	45	the	the	DET
ajrhss-2840	11	46	june	june	PROPN
ajrhss-2840	11	47	26	26	NUM
ajrhss-2840	11	48	,	,	PUNCT
ajrhss-2840	11	49	2021	2021	NUM
ajrhss-2840	11	50	,	,	PUNCT
ajrhss-2840	11	51	decision	decision	NOUN
ajrhss-2840	11	52	of	of	ADP
ajrhss-2840	11	53	the	the	DET
ajrhss-2840	11	54	ministry	ministry	PROPN
ajrhss-2840	11	55	of	of	ADP
ajrhss-2840	11	56	finance	finance	PROPN
ajrhss-2840	11	57	and	and	CCONJ
ajrhss-2840	11	58	the	the	DET
ajrhss-2840	11	59	department	department	NOUN
ajrhss-2840	11	60	for	for	ADP
ajrhss-2840	11	61	combating	combat	VERB
ajrhss-2840	11	62	economic	economic	ADJ
ajrhss-2840	11	63	crimes	crime	NOUN
ajrhss-2840	11	64	under	under	ADP
ajrhss-2840	11	65	the	the	DET
ajrhss-2840	11	66	prosecutor	prosecutor	NOUN
ajrhss-2840	11	67	general	general	NOUN
ajrhss-2840	11	68	's	's	PART
ajrhss-2840	11	69	office	office	NOUN
ajrhss-2840	11	70	of	of	ADP
ajrhss-2840	11	71	the	the	DET
ajrhss-2840	11	72	republic	republic	NOUN
ajrhss-2840	11	73	of	of	ADP
ajrhss-2840	11	74	uzbekistan	uzbekistan	PROPN
ajrhss-2840	11	75	on	on	ADP
ajrhss-2840	11	76	"	"	PUNCT
ajrhss-2840	11	77	amendments	amendment	NOUN
ajrhss-2840	11	78	and	and	CCONJ
ajrhss-2840	11	79	additions	addition	NOUN
ajrhss-2840	11	80	to	to	ADP
ajrhss-2840	11	81	internal	internal	ADJ
ajrhss-2840	11	82	control	control	NOUN
ajrhss-2840	11	83	rules	rule	NOUN
ajrhss-2840	11	84	to	to	PART
ajrhss-2840	11	85	combat	combat	VERB
ajrhss-2840	11	86	money	money	NOUN
ajrhss-2840	11	87	laundering	laundering	NOUN
ajrhss-2840	11	88	,	,	PUNCT
ajrhss-2840	11	89	terrorism	terrorism	NOUN
ajrhss-2840	11	90	american	american	PROPN
ajrhss-2840	11	91	journal	journal	PROPN
ajrhss-2840	11	92	of	of	ADP
ajrhss-2840	11	93	business	business	NOUN
ajrhss-2840	11	94	management	management	NOUN
ajrhss-2840	11	95	,	,	PUNCT
ajrhss-2840	11	96	economics	economic	NOUN
ajrhss-2840	11	97	and	and	CCONJ
ajrhss-2840	11	98	banking	banking	NOUN
ajrhss-2840	11	99	volume	volume	NOUN
ajrhss-2840	11	100	35	35	NUM
ajrhss-2840	11	101	april	april	PROPN
ajrhss-2840	11	102	2025	2025	NUM
ajrhss-2840	11	103	p	p	NOUN
ajrhss-2840	11	104	a	a	DET
ajrhss-2840	11	105	g	g	NOUN
ajrhss-2840	11	106	e	e	NOUN
ajrhss-2840	11	107	|	|	ADV
ajrhss-2840	11	108	19	19	NUM
ajrhss-2840	11	109	www.americanjournal.org	www.americanjournal.org	NOUN
ajrhss-2840	11	110	financing	financing	NOUN
ajrhss-2840	11	111	,	,	PUNCT
ajrhss-2840	11	112	and	and	CCONJ
ajrhss-2840	11	113	financing	finance	VERB
ajrhss-2840	11	114	the	the	DET
ajrhss-2840	11	115	spread	spread	NOUN
ajrhss-2840	11	116	of	of	ADP
ajrhss-2840	11	117	weapons	weapon	NOUN
ajrhss-2840	11	118	of	of	ADP
ajrhss-2840	11	119	mass	mass	ADJ
ajrhss-2840	11	120	destruction	destruction	NOUN
ajrhss-2840	11	121	for	for	ADP
ajrhss-2840	11	122	professional	professional	ADJ
ajrhss-2840	11	123	participants	participant	NOUN
ajrhss-2840	11	124	in	in	ADP
ajrhss-2840	11	125	the	the	DET
ajrhss-2840	11	126	securities	security	NOUN
ajrhss-2840	11	127	market	market	NOUN
ajrhss-2840	11	128	,	,	PUNCT
ajrhss-2840	11	129	"	"	PUNCT
ajrhss-2840	11	130	and	and	CCONJ
ajrhss-2840	11	131	the	the	DET
ajrhss-2840	11	132	cabinet	cabinet	NOUN
ajrhss-2840	11	133	of	of	ADP
ajrhss-2840	11	134	ministers	minister	NOUN
ajrhss-2840	11	135	'	'	PART
ajrhss-2840	11	136	decree	decree	NOUN
ajrhss-2840	11	137	on	on	ADP
ajrhss-2840	11	138	april	april	PROPN
ajrhss-2840	11	139	26	26	NUM
ajrhss-2840	11	140	,	,	PUNCT
ajrhss-2840	11	141	2024	2024	NUM
ajrhss-2840	11	142	,	,	PUNCT
ajrhss-2840	11	143	no	no	INTJ
ajrhss-2840	11	144	.	.	NOUN
ajrhss-2840	11	145	238	238	NUM
ajrhss-2840	11	146	on	on	ADP
ajrhss-2840	11	147	"	"	PUNCT
ajrhss-2840	11	148	approval	approval	NOUN
ajrhss-2840	11	149	of	of	ADP
ajrhss-2840	11	150	the	the	DET
ajrhss-2840	11	151	regulation	regulation	NOUN
ajrhss-2840	11	152	on	on	ADP
ajrhss-2840	11	153	the	the	DET
ajrhss-2840	11	154	remote	remote	ADJ
ajrhss-2840	11	155	digital	digital	ADJ
ajrhss-2840	11	156	identification	identification	NOUN
ajrhss-2840	11	157	of	of	ADP
ajrhss-2840	11	158	clients	client	NOUN
ajrhss-2840	11	159	in	in	ADP
ajrhss-2840	11	160	the	the	DET
ajrhss-2840	11	161	securities	security	NOUN
ajrhss-2840	11	162	market	market	NOUN
ajrhss-2840	11	163	,	,	PUNCT
ajrhss-2840	11	164	"	"	PUNCT
ajrhss-2840	11	165	have	have	AUX
ajrhss-2840	11	166	aligned	align	VERB
ajrhss-2840	11	167	the	the	DET
ajrhss-2840	11	168	market	market	NOUN
ajrhss-2840	11	169	's	's	PART
ajrhss-2840	11	170	legal	legal	ADJ
ajrhss-2840	11	171	infrastructure	infrastructure	NOUN
ajrhss-2840	11	172	with	with	ADP
ajrhss-2840	11	173	international	international	ADJ
ajrhss-2840	11	174	standards	standard	NOUN
ajrhss-2840	11	175	.	.	PUNCT
ajrhss-2840	12	1	the	the	DET
ajrhss-2840	12	2	development	development	NOUN
ajrhss-2840	12	3	of	of	ADP
ajrhss-2840	12	4	the	the	DET
ajrhss-2840	12	5	securities	security	NOUN
ajrhss-2840	12	6	market	market	NOUN
ajrhss-2840	12	7	in	in	ADP
ajrhss-2840	12	8	foreign	foreign	ADJ
ajrhss-2840	12	9	experience	experience	NOUN
ajrhss-2840	12	10	is	be	AUX
ajrhss-2840	12	11	often	often	ADV
ajrhss-2840	12	12	linked	link	VERB
ajrhss-2840	12	13	to	to	ADP
ajrhss-2840	12	14	digitalization	digitalization	NOUN
ajrhss-2840	12	15	and	and	CCONJ
ajrhss-2840	12	16	strict	strict	ADJ
ajrhss-2840	12	17	control	control	NOUN
ajrhss-2840	12	18	mechanisms	mechanism	NOUN
ajrhss-2840	12	19	.	.	PUNCT
ajrhss-2840	13	1	the	the	DET
ajrhss-2840	13	2	introduction	introduction	NOUN
ajrhss-2840	13	3	of	of	ADP
ajrhss-2840	13	4	digital	digital	ADJ
ajrhss-2840	13	5	platforms	platform	NOUN
ajrhss-2840	13	6	by	by	ADP
ajrhss-2840	13	7	the	the	DET
ajrhss-2840	13	8	national	national	PROPN
ajrhss-2840	13	9	stock	stock	PROPN
ajrhss-2840	13	10	exchange	exchange	PROPN
ajrhss-2840	13	11	of	of	ADP
ajrhss-2840	13	12	india	india	PROPN
ajrhss-2840	13	13	(	(	PUNCT
ajrhss-2840	13	14	nse	nse	NOUN
ajrhss-2840	13	15	)	)	PUNCT
ajrhss-2840	13	16	since	since	SCONJ
ajrhss-2840	13	17	the	the	DET
ajrhss-2840	13	18	2000s	2000s	NUM
ajrhss-2840	13	19	resulted	result	VERB
ajrhss-2840	13	20	in	in	ADP
ajrhss-2840	13	21	an	an	DET
ajrhss-2840	13	22	increase	increase	NOUN
ajrhss-2840	13	23	in	in	ADP
ajrhss-2840	13	24	the	the	DET
ajrhss-2840	13	25	number	number	NOUN
ajrhss-2840	13	26	of	of	ADP
ajrhss-2840	13	27	investors	investor	NOUN
ajrhss-2840	13	28	to	to	ADP
ajrhss-2840	13	29	30	30	NUM
ajrhss-2840	13	30	million	million	NUM
ajrhss-2840	13	31	(	(	PUNCT
ajrhss-2840	13	32	sebi	sebi	NOUN
ajrhss-2840	13	33	,	,	PUNCT
ajrhss-2840	13	34	2023	2023	NUM
ajrhss-2840	13	35	)	)	PUNCT
ajrhss-2840	13	36	.	.	PUNCT
ajrhss-2840	14	1	in	in	ADP
ajrhss-2840	14	2	the	the	DET
ajrhss-2840	14	3	european	european	PROPN
ajrhss-2840	14	4	union	union	PROPN
ajrhss-2840	14	5	,	,	PUNCT
ajrhss-2840	14	6	the	the	DET
ajrhss-2840	14	7	mifid	mifid	ADJ
ajrhss-2840	14	8	ii	ii	PROPN
ajrhss-2840	14	9	directive	directive	NOUN
ajrhss-2840	14	10	(	(	PUNCT
ajrhss-2840	14	11	2018	2018	NUM
ajrhss-2840	14	12	)	)	PUNCT
ajrhss-2840	14	13	made	make	VERB
ajrhss-2840	14	14	internal	internal	ADJ
ajrhss-2840	14	15	control	control	NOUN
ajrhss-2840	14	16	and	and	CCONJ
ajrhss-2840	14	17	data	datum	NOUN
ajrhss-2840	14	18	exchange	exchange	NOUN
ajrhss-2840	14	19	mandatory	mandatory	ADJ
ajrhss-2840	14	20	to	to	PART
ajrhss-2840	14	21	enhance	enhance	VERB
ajrhss-2840	14	22	market	market	NOUN
ajrhss-2840	14	23	transparency	transparency	NOUN
ajrhss-2840	14	24	(	(	PUNCT
ajrhss-2840	14	25	european	european	PROPN
ajrhss-2840	14	26	commission	commission	PROPN
ajrhss-2840	14	27	,	,	PUNCT
ajrhss-2840	14	28	2018	2018	NUM
ajrhss-2840	14	29	)	)	PUNCT
ajrhss-2840	14	30	.	.	PUNCT
ajrhss-2840	15	1	uzbekistan	uzbekistan	PROPN
ajrhss-2840	15	2	's	's	PART
ajrhss-2840	15	3	recent	recent	ADJ
ajrhss-2840	15	4	reforms	reform	NOUN
ajrhss-2840	15	5	are	be	AUX
ajrhss-2840	15	6	similarly	similarly	ADV
ajrhss-2840	15	7	focused	focus	VERB
ajrhss-2840	15	8	on	on	ADP
ajrhss-2840	15	9	creating	create	VERB
ajrhss-2840	15	10	favorable	favorable	ADJ
ajrhss-2840	15	11	conditions	condition	NOUN
ajrhss-2840	15	12	for	for	ADP
ajrhss-2840	15	13	investors	investor	NOUN
ajrhss-2840	15	14	through	through	ADP
ajrhss-2840	15	15	a	a	DET
ajrhss-2840	15	16	digital	digital	ADJ
ajrhss-2840	15	17	identification	identification	NOUN
ajrhss-2840	15	18	system	system	NOUN
ajrhss-2840	15	19	and	and	CCONJ
ajrhss-2840	15	20	strengthening	strengthen	VERB
ajrhss-2840	15	21	the	the	DET
ajrhss-2840	15	22	fight	fight	NOUN
ajrhss-2840	15	23	against	against	ADP
ajrhss-2840	15	24	the	the	DET
ajrhss-2840	15	25	legalization	legalization	NOUN
ajrhss-2840	15	26	of	of	ADP
ajrhss-2840	15	27	criminal	criminal	ADJ
ajrhss-2840	15	28	proceeds	proceed	NOUN
ajrhss-2840	15	29	.	.	PUNCT
ajrhss-2840	16	1	in	in	ADP
ajrhss-2840	16	2	uzbekistan	uzbekistan	PROPN
ajrhss-2840	16	3	,	,	PUNCT
ajrhss-2840	16	4	several	several	ADJ
ajrhss-2840	16	5	issues	issue	NOUN
ajrhss-2840	16	6	have	have	AUX
ajrhss-2840	16	7	emerged	emerge	VERB
ajrhss-2840	16	8	in	in	ADP
ajrhss-2840	16	9	the	the	DET
ajrhss-2840	16	10	development	development	NOUN
ajrhss-2840	16	11	of	of	ADP
ajrhss-2840	16	12	the	the	DET
ajrhss-2840	16	13	securities	security	NOUN
ajrhss-2840	16	14	market	market	NOUN
ajrhss-2840	16	15	,	,	PUNCT
ajrhss-2840	16	16	including	include	VERB
ajrhss-2840	16	17	low	low	ADJ
ajrhss-2840	16	18	financial	financial	ADJ
ajrhss-2840	16	19	literacy	literacy	NOUN
ajrhss-2840	16	20	among	among	ADP
ajrhss-2840	16	21	investors	investor	NOUN
ajrhss-2840	16	22	,	,	PUNCT
ajrhss-2840	16	23	limited	limited	ADJ
ajrhss-2840	16	24	market	market	NOUN
ajrhss-2840	16	25	liquidity	liquidity	NOUN
ajrhss-2840	16	26	,	,	PUNCT
ajrhss-2840	16	27	and	and	CCONJ
ajrhss-2840	16	28	insufficiently	insufficiently	ADV
ajrhss-2840	16	29	developed	develop	VERB
ajrhss-2840	16	30	technological	technological	ADJ
ajrhss-2840	16	31	infrastructure	infrastructure	NOUN
ajrhss-2840	16	32	.	.	PUNCT
ajrhss-2840	17	1	the	the	DET
ajrhss-2840	17	2	aim	aim	NOUN
ajrhss-2840	17	3	of	of	ADP
ajrhss-2840	17	4	this	this	DET
ajrhss-2840	17	5	article	article	NOUN
ajrhss-2840	17	6	is	be	AUX
ajrhss-2840	17	7	to	to	PART
ajrhss-2840	17	8	analyze	analyze	VERB
ajrhss-2840	17	9	the	the	DET
ajrhss-2840	17	10	current	current	ADJ
ajrhss-2840	17	11	state	state	NOUN
ajrhss-2840	17	12	of	of	ADP
ajrhss-2840	17	13	the	the	DET
ajrhss-2840	17	14	market	market	NOUN
ajrhss-2840	17	15	based	base	VERB
ajrhss-2840	17	16	on	on	ADP
ajrhss-2840	17	17	regulatory	regulatory	ADJ
ajrhss-2840	17	18	and	and	CCONJ
ajrhss-2840	17	19	legal	legal	ADJ
ajrhss-2840	17	20	documents	document	NOUN
ajrhss-2840	17	21	from	from	ADP
ajrhss-2840	17	22	2019	2019	NUM
ajrhss-2840	17	23	-	-	SYM
ajrhss-2840	17	24	2024	2024	NUM
ajrhss-2840	17	25	and	and	CCONJ
ajrhss-2840	17	26	the	the	DET
ajrhss-2840	17	27	2023	2023	NUM
ajrhss-2840	17	28	activities	activity	NOUN
ajrhss-2840	17	29	of	of	ADP
ajrhss-2840	17	30	the	the	DET
ajrhss-2840	17	31	"	"	PUNCT
ajrhss-2840	17	32	tashkent	tashkent	ADJ
ajrhss-2840	17	33	"	"	PUNCT
ajrhss-2840	17	34	stock	stock	NOUN
ajrhss-2840	17	35	exchange	exchange	NOUN
ajrhss-2840	17	36	,	,	PUNCT
ajrhss-2840	17	37	assess	assess	VERB
ajrhss-2840	17	38	the	the	DET
ajrhss-2840	17	39	impact	impact	NOUN
ajrhss-2840	17	40	of	of	ADP
ajrhss-2840	17	41	digitalization	digitalization	NOUN
ajrhss-2840	17	42	trends	trend	NOUN
ajrhss-2840	17	43	,	,	PUNCT
ajrhss-2840	17	44	and	and	CCONJ
ajrhss-2840	17	45	examine	examine	VERB
ajrhss-2840	17	46	its	its	PRON
ajrhss-2840	17	47	development	development	NOUN
ajrhss-2840	17	48	prospects	prospect	NOUN
ajrhss-2840	17	49	in	in	ADP
ajrhss-2840	17	50	an	an	DET
ajrhss-2840	17	51	international	international	ADJ
ajrhss-2840	17	52	context	context	NOUN
ajrhss-2840	17	53	.	.	PUNCT
ajrhss-2840	18	1	the	the	DET
ajrhss-2840	18	2	article	article	NOUN
ajrhss-2840	18	3	attempts	attempt	VERB
ajrhss-2840	18	4	to	to	PART
ajrhss-2840	18	5	reveal	reveal	VERB
ajrhss-2840	18	6	the	the	DET
ajrhss-2840	18	7	relationship	relationship	NOUN
ajrhss-2840	18	8	between	between	ADP
ajrhss-2840	18	9	state	state	NOUN
ajrhss-2840	18	10	policy	policy	NOUN
ajrhss-2840	18	11	,	,	PUNCT
ajrhss-2840	18	12	legal	legal	ADJ
ajrhss-2840	18	13	framework	framework	NOUN
ajrhss-2840	18	14	,	,	PUNCT
ajrhss-2840	18	15	and	and	CCONJ
ajrhss-2840	18	16	practical	practical	ADJ
ajrhss-2840	18	17	outcomes	outcome	NOUN
ajrhss-2840	18	18	,	,	PUNCT
ajrhss-2840	18	19	which	which	PRON
ajrhss-2840	18	20	can	can	AUX
ajrhss-2840	18	21	serve	serve	VERB
ajrhss-2840	18	22	as	as	ADP
ajrhss-2840	18	23	a	a	DET
ajrhss-2840	18	24	basis	basis	NOUN
ajrhss-2840	18	25	for	for	ADP
ajrhss-2840	18	26	developing	develop	VERB
ajrhss-2840	18	27	new	new	ADJ
ajrhss-2840	18	28	regulations	regulation	NOUN
ajrhss-2840	18	29	for	for	ADP
ajrhss-2840	18	30	future	future	ADJ
ajrhss-2840	18	31	research	research	NOUN
ajrhss-2840	18	32	.	.	PUNCT
ajrhss-2840	19	1	literature	literature	NOUN
ajrhss-2840	19	2	review	review	PROPN
ajrhss-2840	19	3	research	research	NOUN
ajrhss-2840	19	4	on	on	ADP
ajrhss-2840	19	5	the	the	DET
ajrhss-2840	19	6	development	development	NOUN
ajrhss-2840	19	7	of	of	ADP
ajrhss-2840	19	8	the	the	DET
ajrhss-2840	19	9	securities	security	NOUN
ajrhss-2840	19	10	market	market	NOUN
ajrhss-2840	19	11	has	have	AUX
ajrhss-2840	19	12	been	be	AUX
ajrhss-2840	19	13	widely	widely	ADV
ajrhss-2840	19	14	studied	study	VERB
ajrhss-2840	19	15	internationally	internationally	ADV
ajrhss-2840	19	16	,	,	PUNCT
ajrhss-2840	19	17	with	with	SCONJ
ajrhss-2840	19	18	this	this	DET
ajrhss-2840	19	19	sector	sector	NOUN
ajrhss-2840	19	20	being	be	AUX
ajrhss-2840	19	21	closely	closely	ADV
ajrhss-2840	19	22	linked	link	VERB
ajrhss-2840	19	23	to	to	ADP
ajrhss-2840	19	24	economic	economic	ADJ
ajrhss-2840	19	25	growth	growth	NOUN
ajrhss-2840	19	26	,	,	PUNCT
ajrhss-2840	19	27	financial	financial	ADJ
ajrhss-2840	19	28	stability	stability	NOUN
ajrhss-2840	19	29	,	,	PUNCT
ajrhss-2840	19	30	and	and	CCONJ
ajrhss-2840	19	31	global	global	ADJ
ajrhss-2840	19	32	integration	integration	NOUN
ajrhss-2840	19	33	.	.	PUNCT
ajrhss-2840	20	1	according	accord	VERB
ajrhss-2840	20	2	to	to	ADP
ajrhss-2840	20	3	international	international	ADJ
ajrhss-2840	20	4	financial	financial	ADJ
ajrhss-2840	20	5	institutions	institution	NOUN
ajrhss-2840	20	6	,	,	PUNCT
ajrhss-2840	20	7	in	in	ADP
ajrhss-2840	20	8	emerging	emerge	VERB
ajrhss-2840	20	9	markets	market	NOUN
ajrhss-2840	20	10	,	,	PUNCT
ajrhss-2840	20	11	the	the	DET
ajrhss-2840	20	12	securities	security	NOUN
ajrhss-2840	20	13	sector	sector	NOUN
ajrhss-2840	20	14	plays	play	VERB
ajrhss-2840	20	15	a	a	DET
ajrhss-2840	20	16	crucial	crucial	ADJ
ajrhss-2840	20	17	role	role	NOUN
ajrhss-2840	20	18	in	in	ADP
ajrhss-2840	20	19	attracting	attract	VERB
ajrhss-2840	20	20	capital	capital	NOUN
ajrhss-2840	20	21	as	as	ADP
ajrhss-2840	20	22	an	an	DET
ajrhss-2840	20	23	alternative	alternative	NOUN
ajrhss-2840	20	24	to	to	ADP
ajrhss-2840	20	25	the	the	DET
ajrhss-2840	20	26	banking	banking	NOUN
ajrhss-2840	20	27	system	system	NOUN
ajrhss-2840	20	28	(	(	PUNCT
ajrhss-2840	20	29	levine	levine	PROPN
ajrhss-2840	20	30	,	,	PUNCT
ajrhss-2840	20	31	2005	2005	NUM
ajrhss-2840	20	32	;	;	PUNCT
ajrhss-2840	20	33	world	world	NOUN
ajrhss-2840	20	34	bank	bank	PROPN
ajrhss-2840	20	35	,	,	PUNCT
ajrhss-2840	20	36	2022	2022	NUM
ajrhss-2840	20	37	)	)	PUNCT
ajrhss-2840	20	38	.	.	PUNCT
ajrhss-2840	21	1	the	the	DET
ajrhss-2840	21	2	need	need	NOUN
ajrhss-2840	21	3	for	for	ADP
ajrhss-2840	21	4	a	a	DET
ajrhss-2840	21	5	strong	strong	ADJ
ajrhss-2840	21	6	legal	legal	ADJ
ajrhss-2840	21	7	framework	framework	NOUN
ajrhss-2840	21	8	,	,	PUNCT
ajrhss-2840	21	9	internal	internal	ADJ
ajrhss-2840	21	10	control	control	NOUN
ajrhss-2840	21	11	mechanisms	mechanism	NOUN
ajrhss-2840	21	12	,	,	PUNCT
ajrhss-2840	21	13	and	and	CCONJ
ajrhss-2840	21	14	the	the	DET
ajrhss-2840	21	15	implementation	implementation	NOUN
ajrhss-2840	21	16	of	of	ADP
ajrhss-2840	21	17	modern	modern	ADJ
ajrhss-2840	21	18	technologies	technology	NOUN
ajrhss-2840	21	19	for	for	ADP
ajrhss-2840	21	20	the	the	DET
ajrhss-2840	21	21	effective	effective	ADJ
ajrhss-2840	21	22	functioning	functioning	NOUN
ajrhss-2840	21	23	of	of	ADP
ajrhss-2840	21	24	the	the	DET
ajrhss-2840	21	25	market	market	NOUN
ajrhss-2840	21	26	is	be	AUX
ajrhss-2840	21	27	emphasized	emphasize	VERB
ajrhss-2840	21	28	(	(	PUNCT
ajrhss-2840	21	29	iosco	iosco	NOUN
ajrhss-2840	21	30	,	,	PUNCT
ajrhss-2840	21	31	2020	2020	NUM
ajrhss-2840	21	32	)	)	PUNCT
ajrhss-2840	21	33	.	.	PUNCT
ajrhss-2840	22	1	this	this	DET
ajrhss-2840	22	2	research	research	NOUN
ajrhss-2840	22	3	examines	examine	VERB
ajrhss-2840	22	4	the	the	DET
ajrhss-2840	22	5	development	development	NOUN
ajrhss-2840	22	6	of	of	ADP
ajrhss-2840	22	7	the	the	DET
ajrhss-2840	22	8	securities	security	NOUN
ajrhss-2840	22	9	market	market	NOUN
ajrhss-2840	22	10	in	in	ADP
ajrhss-2840	22	11	uzbekistan	uzbekistan	PROPN
ajrhss-2840	22	12	from	from	ADP
ajrhss-2840	22	13	both	both	DET
ajrhss-2840	22	14	international	international	ADJ
ajrhss-2840	22	15	experience	experience	NOUN
ajrhss-2840	22	16	and	and	CCONJ
ajrhss-2840	22	17	local	local	ADJ
ajrhss-2840	22	18	context	context	NOUN
ajrhss-2840	22	19	perspectives	perspective	NOUN
ajrhss-2840	22	20	.	.	PUNCT
ajrhss-2840	23	1	there	there	PRON
ajrhss-2840	23	2	are	be	VERB
ajrhss-2840	23	3	several	several	ADJ
ajrhss-2840	23	4	important	important	ADJ
ajrhss-2840	23	5	studies	study	NOUN
ajrhss-2840	23	6	in	in	ADP
ajrhss-2840	23	7	the	the	DET
ajrhss-2840	23	8	international	international	ADJ
ajrhss-2840	23	9	literature	literature	NOUN
ajrhss-2840	23	10	regarding	regard	VERB
ajrhss-2840	23	11	the	the	DET
ajrhss-2840	23	12	regulation	regulation	NOUN
ajrhss-2840	23	13	of	of	ADP
ajrhss-2840	23	14	the	the	DET
ajrhss-2840	23	15	securities	security	NOUN
ajrhss-2840	23	16	market	market	NOUN
ajrhss-2840	23	17	.	.	PUNCT
ajrhss-2840	24	1	the	the	DET
ajrhss-2840	24	2	mifid	mifid	ADJ
ajrhss-2840	24	3	ii	ii	PROPN
ajrhss-2840	24	4	directive	directive	NOUN
ajrhss-2840	24	5	of	of	ADP
ajrhss-2840	24	6	the	the	DET
ajrhss-2840	24	7	european	european	PROPN
ajrhss-2840	24	8	union	union	PROPN
ajrhss-2840	24	9	(	(	PUNCT
ajrhss-2840	24	10	european	european	PROPN
ajrhss-2840	24	11	commission	commission	PROPN
ajrhss-2840	24	12	,	,	PUNCT
ajrhss-2840	24	13	2018	2018	NUM
ajrhss-2840	24	14	)	)	PUNCT
ajrhss-2840	24	15	became	become	VERB
ajrhss-2840	24	16	a	a	DET
ajrhss-2840	24	17	model	model	NOUN
ajrhss-2840	24	18	for	for	ADP
ajrhss-2840	24	19	strict	strict	ADJ
ajrhss-2840	24	20	regulation	regulation	NOUN
ajrhss-2840	24	21	of	of	ADP
ajrhss-2840	24	22	internal	internal	ADJ
ajrhss-2840	24	23	control	control	NOUN
ajrhss-2840	24	24	and	and	CCONJ
ajrhss-2840	24	25	data	datum	NOUN
ajrhss-2840	24	26	exchange	exchange	NOUN
ajrhss-2840	24	27	to	to	PART
ajrhss-2840	24	28	enhance	enhance	VERB
ajrhss-2840	24	29	market	market	NOUN
ajrhss-2840	24	30	transparency	transparency	NOUN
ajrhss-2840	24	31	.	.	PUNCT
ajrhss-2840	25	1	fatf	fatf	NOUN
ajrhss-2840	25	2	(	(	PUNCT
ajrhss-2840	25	3	2019	2019	NUM
ajrhss-2840	25	4	)	)	PUNCT
ajrhss-2840	25	5	developed	develop	VERB
ajrhss-2840	25	6	standards	standard	NOUN
ajrhss-2840	25	7	for	for	ADP
ajrhss-2840	25	8	combating	combat	VERB
ajrhss-2840	25	9	money	money	NOUN
ajrhss-2840	25	10	laundering	laundering	NOUN
ajrhss-2840	25	11	(	(	PUNCT
ajrhss-2840	25	12	aml	aml	PROPN
ajrhss-2840	25	13	)	)	PUNCT
ajrhss-2840	25	14	and	and	CCONJ
ajrhss-2840	25	15	countering	counter	VERB
ajrhss-2840	25	16	the	the	DET
ajrhss-2840	25	17	financing	financing	NOUN
ajrhss-2840	25	18	of	of	ADP
ajrhss-2840	25	19	terrorism	terrorism	NOUN
ajrhss-2840	25	20	(	(	PUNCT
ajrhss-2840	25	21	cft	cft	PROPN
ajrhss-2840	25	22	)	)	PUNCT
ajrhss-2840	25	23	,	,	PUNCT
ajrhss-2840	25	24	which	which	PRON
ajrhss-2840	25	25	are	be	AUX
ajrhss-2840	25	26	recognized	recognize	VERB
ajrhss-2840	25	27	as	as	ADP
ajrhss-2840	25	28	global	global	ADJ
ajrhss-2840	25	29	benchmarks	benchmark	NOUN
ajrhss-2840	25	30	in	in	ADP
ajrhss-2840	25	31	ensuring	ensure	VERB
ajrhss-2840	25	32	the	the	DET
ajrhss-2840	25	33	security	security	NOUN
ajrhss-2840	25	34	of	of	ADP
ajrhss-2840	25	35	the	the	DET
ajrhss-2840	25	36	securities	security	NOUN
ajrhss-2840	25	37	market	market	NOUN
ajrhss-2840	25	38	.	.	PUNCT
ajrhss-2840	26	1	india	india	PROPN
ajrhss-2840	26	2	's	's	PART
ajrhss-2840	26	3	experience	experience	NOUN
ajrhss-2840	26	4	is	be	AUX
ajrhss-2840	26	5	particularly	particularly	ADV
ajrhss-2840	26	6	noteworthy	noteworthy	ADJ
ajrhss-2840	26	7	:	:	PUNCT
ajrhss-2840	26	8	the	the	DET
ajrhss-2840	26	9	introduction	introduction	NOUN
ajrhss-2840	26	10	of	of	ADP
ajrhss-2840	26	11	digital	digital	ADJ
ajrhss-2840	26	12	platforms	platform	NOUN
ajrhss-2840	26	13	at	at	ADP
ajrhss-2840	26	14	the	the	DET
ajrhss-2840	26	15	national	national	PROPN
ajrhss-2840	26	16	stock	stock	PROPN
ajrhss-2840	26	17	exchange	exchange	PROPN
ajrhss-2840	26	18	(	(	PUNCT
ajrhss-2840	26	19	nse	nse	NOUN
ajrhss-2840	26	20	)	)	PUNCT
ajrhss-2840	26	21	increased	increase	VERB
ajrhss-2840	26	22	the	the	DET
ajrhss-2840	26	23	number	number	NOUN
ajrhss-2840	26	24	of	of	ADP
ajrhss-2840	26	25	investors	investor	NOUN
ajrhss-2840	26	26	to	to	ADP
ajrhss-2840	26	27	30	30	NUM
ajrhss-2840	26	28	million	million	NUM
ajrhss-2840	26	29	and	and	CCONJ
ajrhss-2840	26	30	boosted	boost	VERB
ajrhss-2840	26	31	trading	trading	NOUN
ajrhss-2840	26	32	volume	volume	NOUN
ajrhss-2840	26	33	(	(	PUNCT
ajrhss-2840	26	34	sebi	sebi	NOUN
ajrhss-2840	26	35	,	,	PUNCT
ajrhss-2840	26	36	2023	2023	NUM
ajrhss-2840	26	37	)	)	PUNCT
ajrhss-2840	26	38	.	.	PUNCT
ajrhss-2840	27	1	these	these	DET
ajrhss-2840	27	2	experiences	experience	NOUN
ajrhss-2840	27	3	will	will	AUX
ajrhss-2840	27	4	serve	serve	VERB
ajrhss-2840	27	5	as	as	ADP
ajrhss-2840	27	6	an	an	DET
ajrhss-2840	27	7	important	important	ADJ
ajrhss-2840	27	8	guide	guide	NOUN
ajrhss-2840	27	9	for	for	ADP
ajrhss-2840	27	10	uzbekistan	uzbekistan	PROPN
ajrhss-2840	27	11	among	among	ADP
ajrhss-2840	27	12	emerging	emerge	VERB
ajrhss-2840	27	13	countries	country	NOUN
ajrhss-2840	27	14	.	.	PUNCT
ajrhss-2840	28	1	the	the	DET
ajrhss-2840	28	2	2023	2023	NUM
ajrhss-2840	28	3	report	report	NOUN
ajrhss-2840	28	4	of	of	ADP
ajrhss-2840	28	5	the	the	DET
ajrhss-2840	28	6	"	"	PUNCT
ajrhss-2840	28	7	tashkent	tashkent	ADJ
ajrhss-2840	28	8	"	"	PUNCT
ajrhss-2840	28	9	republican	republican	PROPN
ajrhss-2840	28	10	stock	stock	PROPN
ajrhss-2840	28	11	exchange	exchange	PROPN
ajrhss-2840	28	12	is	be	AUX
ajrhss-2840	28	13	an	an	DET
ajrhss-2840	28	14	important	important	ADJ
ajrhss-2840	28	15	source	source	NOUN
ajrhss-2840	28	16	reflecting	reflect	VERB
ajrhss-2840	28	17	market	market	NOUN
ajrhss-2840	28	18	activity	activity	NOUN
ajrhss-2840	28	19	,	,	PUNCT
ajrhss-2840	28	20	covering	cover	VERB
ajrhss-2840	28	21	aspects	aspect	NOUN
ajrhss-2840	28	22	such	such	ADJ
ajrhss-2840	28	23	as	as	ADP
ajrhss-2840	28	24	trading	trading	NOUN
ajrhss-2840	28	25	results	result	NOUN
ajrhss-2840	28	26	,	,	PUNCT
ajrhss-2840	28	27	growth	growth	NOUN
ajrhss-2840	28	28	in	in	ADP
ajrhss-2840	28	29	the	the	DET
ajrhss-2840	28	30	stock	stock	NOUN
ajrhss-2840	28	31	and	and	CCONJ
ajrhss-2840	28	32	bond	bond	NOUN
ajrhss-2840	28	33	markets	market	NOUN
ajrhss-2840	28	34	,	,	PUNCT
ajrhss-2840	28	35	and	and	CCONJ
ajrhss-2840	28	36	international	international	ADJ
ajrhss-2840	28	37	cooperation	cooperation	NOUN
ajrhss-2840	28	38	.	.	PUNCT
ajrhss-2840	29	1	in	in	ADP
ajrhss-2840	29	2	the	the	DET
ajrhss-2840	29	3	international	international	ADJ
ajrhss-2840	29	4	literature	literature	NOUN
ajrhss-2840	29	5	,	,	PUNCT
ajrhss-2840	29	6	the	the	DET
ajrhss-2840	29	7	positive	positive	ADJ
ajrhss-2840	29	8	results	result	NOUN
ajrhss-2840	29	9	of	of	ADP
ajrhss-2840	29	10	digitalization	digitalization	NOUN
ajrhss-2840	29	11	are	be	AUX
ajrhss-2840	29	12	emphasized	emphasize	VERB
ajrhss-2840	29	13	by	by	ADP
ajrhss-2840	29	14	allen	allen	PROPN
ajrhss-2840	29	15	et	et	PROPN
ajrhss-2840	29	16	al	al	PROPN
ajrhss-2840	29	17	.	.	PROPN
ajrhss-2840	30	1	(	(	PUNCT
ajrhss-2840	30	2	2021	2021	NUM
ajrhss-2840	30	3	)	)	PUNCT
ajrhss-2840	30	4	,	,	PUNCT
ajrhss-2840	30	5	who	who	PRON
ajrhss-2840	30	6	highlight	highlight	VERB
ajrhss-2840	30	7	that	that	SCONJ
ajrhss-2840	30	8	digital	digital	ADJ
ajrhss-2840	30	9	technologies	technology	NOUN
ajrhss-2840	30	10	reduce	reduce	VERB
ajrhss-2840	30	11	transaction	transaction	NOUN
ajrhss-2840	30	12	costs	cost	NOUN
ajrhss-2840	30	13	and	and	CCONJ
ajrhss-2840	30	14	increase	increase	VERB
ajrhss-2840	30	15	the	the	DET
ajrhss-2840	30	16	number	number	NOUN
ajrhss-2840	30	17	of	of	ADP
ajrhss-2840	30	18	market	market	NOUN
ajrhss-2840	30	19	participants	participant	NOUN
ajrhss-2840	30	20	.	.	PUNCT
ajrhss-2840	31	1	uzbekistan	uzbekistan	PROPN
ajrhss-2840	31	2	's	's	PART
ajrhss-2840	31	3	experience	experience	NOUN
ajrhss-2840	31	4	provides	provide	VERB
ajrhss-2840	31	5	an	an	DET
ajrhss-2840	31	6	opportunity	opportunity	NOUN
ajrhss-2840	31	7	to	to	PART
ajrhss-2840	31	8	test	test	VERB
ajrhss-2840	31	9	these	these	DET
ajrhss-2840	31	10	global	global	ADJ
ajrhss-2840	31	11	trends	trend	NOUN
ajrhss-2840	31	12	in	in	ADP
ajrhss-2840	31	13	local	local	ADJ
ajrhss-2840	31	14	conditions	condition	NOUN
ajrhss-2840	31	15	.	.	PUNCT
ajrhss-2840	32	1	american	american	ADJ
ajrhss-2840	32	2	journal	journal	PROPN
ajrhss-2840	32	3	of	of	ADP
ajrhss-2840	32	4	business	business	NOUN
ajrhss-2840	32	5	management	management	NOUN
ajrhss-2840	32	6	,	,	PUNCT
ajrhss-2840	32	7	economics	economic	NOUN
ajrhss-2840	32	8	and	and	CCONJ
ajrhss-2840	32	9	banking	banking	NOUN
ajrhss-2840	32	10	volume	volume	NOUN
ajrhss-2840	32	11	35	35	NUM
ajrhss-2840	32	12	april	april	PROPN
ajrhss-2840	32	13	2025	2025	NUM
ajrhss-2840	32	14	p	p	NOUN
ajrhss-2840	32	15	a	a	DET
ajrhss-2840	32	16	g	g	NOUN
ajrhss-2840	32	17	e	e	NOUN
ajrhss-2840	32	18	|	|	ADV
ajrhss-2840	32	19	20	20	NUM
ajrhss-2840	32	20	www.americanjournal.org	www.americanjournal.org	NOUN
ajrhss-2840	32	21	the	the	DET
ajrhss-2840	32	22	literature	literature	PROPN
ajrhss-2840	32	23	review	review	NOUN
ajrhss-2840	32	24	shows	show	VERB
ajrhss-2840	32	25	that	that	SCONJ
ajrhss-2840	32	26	the	the	DET
ajrhss-2840	32	27	legal	legal	ADJ
ajrhss-2840	32	28	framework	framework	NOUN
ajrhss-2840	32	29	and	and	CCONJ
ajrhss-2840	32	30	digitalization	digitalization	NOUN
ajrhss-2840	32	31	are	be	AUX
ajrhss-2840	32	32	interconnected	interconnected	ADJ
ajrhss-2840	32	33	factors	factor	NOUN
ajrhss-2840	32	34	of	of	ADP
ajrhss-2840	32	35	significant	significant	ADJ
ajrhss-2840	32	36	importance	importance	NOUN
ajrhss-2840	32	37	for	for	ADP
ajrhss-2840	32	38	the	the	DET
ajrhss-2840	32	39	development	development	NOUN
ajrhss-2840	32	40	of	of	ADP
ajrhss-2840	32	41	the	the	DET
ajrhss-2840	32	42	securities	security	NOUN
ajrhss-2840	32	43	market	market	NOUN
ajrhss-2840	32	44	.	.	PUNCT
ajrhss-2840	33	1	based	base	VERB
ajrhss-2840	33	2	on	on	ADP
ajrhss-2840	33	3	the	the	DET
ajrhss-2840	33	4	regulatory	regulatory	ADJ
ajrhss-2840	33	5	documents	document	NOUN
ajrhss-2840	33	6	from	from	ADP
ajrhss-2840	33	7	2019	2019	NUM
ajrhss-2840	33	8	-	-	SYM
ajrhss-2840	33	9	2024	2024	NUM
ajrhss-2840	33	10	and	and	CCONJ
ajrhss-2840	33	11	the	the	DET
ajrhss-2840	33	12	2023	2023	NUM
ajrhss-2840	33	13	activities	activity	NOUN
ajrhss-2840	33	14	of	of	ADP
ajrhss-2840	33	15	the	the	DET
ajrhss-2840	33	16	"	"	PUNCT
ajrhss-2840	33	17	tashkent	tashkent	ADJ
ajrhss-2840	33	18	"	"	PUNCT
ajrhss-2840	33	19	stock	stock	NOUN
ajrhss-2840	33	20	exchange	exchange	NOUN
ajrhss-2840	33	21	,	,	PUNCT
ajrhss-2840	33	22	this	this	DET
ajrhss-2840	33	23	analysis	analysis	NOUN
ajrhss-2840	33	24	examines	examine	VERB
ajrhss-2840	33	25	the	the	DET
ajrhss-2840	33	26	specific	specific	ADJ
ajrhss-2840	33	27	aspects	aspect	NOUN
ajrhss-2840	33	28	of	of	ADP
ajrhss-2840	33	29	market	market	NOUN
ajrhss-2840	33	30	development	development	NOUN
ajrhss-2840	33	31	in	in	ADP
ajrhss-2840	33	32	both	both	CCONJ
ajrhss-2840	33	33	the	the	DET
ajrhss-2840	33	34	local	local	ADJ
ajrhss-2840	33	35	and	and	CCONJ
ajrhss-2840	33	36	international	international	ADJ
ajrhss-2840	33	37	contexts	contexts	NOUN
ajrhss-2840	33	38	.	.	PUNCT
ajrhss-2840	34	1	research	research	NOUN
ajrhss-2840	34	2	methodology	methodology	NOUN
ajrhss-2840	34	3	this	this	DET
ajrhss-2840	34	4	research	research	NOUN
ajrhss-2840	34	5	is	be	AUX
ajrhss-2840	34	6	focused	focus	VERB
ajrhss-2840	34	7	on	on	ADP
ajrhss-2840	34	8	analyzing	analyze	VERB
ajrhss-2840	34	9	the	the	DET
ajrhss-2840	34	10	development	development	NOUN
ajrhss-2840	34	11	of	of	ADP
ajrhss-2840	34	12	the	the	DET
ajrhss-2840	34	13	securities	security	NOUN
ajrhss-2840	34	14	market	market	NOUN
ajrhss-2840	34	15	in	in	ADP
ajrhss-2840	34	16	uzbekistan	uzbekistan	PROPN
ajrhss-2840	34	17	,	,	PUNCT
ajrhss-2840	34	18	the	the	DET
ajrhss-2840	34	19	improvement	improvement	NOUN
ajrhss-2840	34	20	of	of	ADP
ajrhss-2840	34	21	the	the	DET
ajrhss-2840	34	22	regulatory	regulatory	ADJ
ajrhss-2840	34	23	framework	framework	NOUN
ajrhss-2840	34	24	,	,	PUNCT
ajrhss-2840	34	25	and	and	CCONJ
ajrhss-2840	34	26	trends	trend	NOUN
ajrhss-2840	34	27	in	in	ADP
ajrhss-2840	34	28	digitalization	digitalization	NOUN
ajrhss-2840	34	29	,	,	PUNCT
ajrhss-2840	34	30	using	use	VERB
ajrhss-2840	34	31	official	official	ADJ
ajrhss-2840	34	32	documents	document	NOUN
ajrhss-2840	34	33	as	as	ADP
ajrhss-2840	34	34	primary	primary	ADJ
ajrhss-2840	34	35	data	datum	NOUN
ajrhss-2840	34	36	sources	source	NOUN
ajrhss-2840	34	37	.	.	PUNCT
ajrhss-2840	35	1	the	the	DET
ajrhss-2840	35	2	research	research	NOUN
ajrhss-2840	35	3	is	be	AUX
ajrhss-2840	35	4	based	base	VERB
ajrhss-2840	35	5	on	on	ADP
ajrhss-2840	35	6	a	a	DET
ajrhss-2840	35	7	qualitative	qualitative	ADJ
ajrhss-2840	35	8	methodology	methodology	NOUN
ajrhss-2840	35	9	,	,	PUNCT
ajrhss-2840	35	10	utilizing	utilize	VERB
ajrhss-2840	35	11	document	document	NOUN
ajrhss-2840	35	12	analysis	analysis	NOUN
ajrhss-2840	35	13	,	,	PUNCT
ajrhss-2840	35	14	legal	legal	ADJ
ajrhss-2840	35	15	-	-	PUNCT
ajrhss-2840	35	16	technical	technical	ADJ
ajrhss-2840	35	17	comparison	comparison	NOUN
ajrhss-2840	35	18	,	,	PUNCT
ajrhss-2840	35	19	and	and	CCONJ
ajrhss-2840	35	20	contextual	contextual	ADJ
ajrhss-2840	35	21	interpretation	interpretation	NOUN
ajrhss-2840	35	22	methods	method	NOUN
ajrhss-2840	35	23	.	.	PUNCT
ajrhss-2840	36	1	this	this	DET
ajrhss-2840	36	2	approach	approach	NOUN
ajrhss-2840	36	3	allows	allow	VERB
ajrhss-2840	36	4	for	for	ADP
ajrhss-2840	36	5	a	a	DET
ajrhss-2840	36	6	comprehensive	comprehensive	ADJ
ajrhss-2840	36	7	study	study	NOUN
ajrhss-2840	36	8	of	of	ADP
ajrhss-2840	36	9	the	the	DET
ajrhss-2840	36	10	legal	legal	ADJ
ajrhss-2840	36	11	and	and	CCONJ
ajrhss-2840	36	12	practical	practical	ADJ
ajrhss-2840	36	13	development	development	NOUN
ajrhss-2840	36	14	of	of	ADP
ajrhss-2840	36	15	the	the	DET
ajrhss-2840	36	16	market	market	NOUN
ajrhss-2840	36	17	.	.	PUNCT
ajrhss-2840	37	1	the	the	DET
ajrhss-2840	37	2	trade	trade	NOUN
ajrhss-2840	37	3	volume	volume	NOUN
ajrhss-2840	37	4	and	and	CCONJ
ajrhss-2840	37	5	strategic	strategic	ADJ
ajrhss-2840	37	6	directions	direction	NOUN
ajrhss-2840	37	7	in	in	ADP
ajrhss-2840	37	8	the	the	DET
ajrhss-2840	37	9	2023	2023	NUM
ajrhss-2840	37	10	report	report	NOUN
ajrhss-2840	37	11	of	of	ADP
ajrhss-2840	37	12	the	the	DET
ajrhss-2840	37	13	"	"	PUNCT
ajrhss-2840	37	14	tashkent	tashkent	ADJ
ajrhss-2840	37	15	"	"	PUNCT
ajrhss-2840	37	16	stock	stock	NOUN
ajrhss-2840	37	17	exchange	exchange	NOUN
ajrhss-2840	37	18	were	be	AUX
ajrhss-2840	37	19	examined	examine	VERB
ajrhss-2840	37	20	in	in	ADP
ajrhss-2840	37	21	relation	relation	NOUN
ajrhss-2840	37	22	to	to	ADP
ajrhss-2840	37	23	changes	change	NOUN
ajrhss-2840	37	24	in	in	ADP
ajrhss-2840	37	25	regulatory	regulatory	ADJ
ajrhss-2840	37	26	documents	document	NOUN
ajrhss-2840	37	27	.	.	PUNCT
ajrhss-2840	38	1	the	the	DET
ajrhss-2840	38	2	internal	internal	ADJ
ajrhss-2840	38	3	control	control	NOUN
ajrhss-2840	38	4	rules	rule	NOUN
ajrhss-2840	38	5	in	in	ADP
ajrhss-2840	38	6	the	the	DET
ajrhss-2840	38	7	2019	2019	NUM
ajrhss-2840	38	8	and	and	CCONJ
ajrhss-2840	38	9	2021	2021	NUM
ajrhss-2840	38	10	documents	document	NOUN
ajrhss-2840	38	11	,	,	PUNCT
ajrhss-2840	38	12	as	as	ADV
ajrhss-2840	38	13	well	well	ADV
ajrhss-2840	38	14	as	as	ADP
ajrhss-2840	38	15	the	the	DET
ajrhss-2840	38	16	2024	2024	NUM
ajrhss-2840	38	17	digital	digital	ADJ
ajrhss-2840	38	18	identification	identification	NOUN
ajrhss-2840	38	19	procedure	procedure	NOUN
ajrhss-2840	38	20	,	,	PUNCT
ajrhss-2840	38	21	were	be	AUX
ajrhss-2840	38	22	analyzed	analyze	VERB
ajrhss-2840	38	23	in	in	ADP
ajrhss-2840	38	24	terms	term	NOUN
ajrhss-2840	38	25	of	of	ADP
ajrhss-2840	38	26	their	their	PRON
ajrhss-2840	38	27	impact	impact	NOUN
ajrhss-2840	38	28	on	on	ADP
ajrhss-2840	38	29	market	market	NOUN
ajrhss-2840	38	30	safety	safety	NOUN
ajrhss-2840	38	31	and	and	CCONJ
ajrhss-2840	38	32	convenience	convenience	NOUN
ajrhss-2840	38	33	.	.	PUNCT
ajrhss-2840	39	1	the	the	DET
ajrhss-2840	39	2	analysis	analysis	NOUN
ajrhss-2840	39	3	prioritized	prioritize	VERB
ajrhss-2840	39	4	a	a	DET
ajrhss-2840	39	5	qualitative	qualitative	ADJ
ajrhss-2840	39	6	approach	approach	NOUN
ajrhss-2840	39	7	,	,	PUNCT
ajrhss-2840	39	8	as	as	SCONJ
ajrhss-2840	39	9	the	the	DET
ajrhss-2840	39	10	available	available	ADJ
ajrhss-2840	39	11	data	datum	NOUN
ajrhss-2840	39	12	is	be	AUX
ajrhss-2840	39	13	primarily	primarily	ADV
ajrhss-2840	39	14	textual	textual	ADJ
ajrhss-2840	39	15	and	and	CCONJ
ajrhss-2840	39	16	legal	legal	ADJ
ajrhss-2840	39	17	in	in	ADP
ajrhss-2840	39	18	nature	nature	NOUN
ajrhss-2840	39	19	.	.	PUNCT
ajrhss-2840	40	1	due	due	ADP
ajrhss-2840	40	2	to	to	ADP
ajrhss-2840	40	3	the	the	DET
ajrhss-2840	40	4	fact	fact	NOUN
ajrhss-2840	40	5	that	that	SCONJ
ajrhss-2840	40	6	the	the	DET
ajrhss-2840	40	7	data	data	NOUN
ajrhss-2840	40	8	is	be	AUX
ajrhss-2840	40	9	derived	derive	VERB
ajrhss-2840	40	10	from	from	ADP
ajrhss-2840	40	11	official	official	ADJ
ajrhss-2840	40	12	state	state	NOUN
ajrhss-2840	40	13	documents	document	NOUN
ajrhss-2840	40	14	and	and	CCONJ
ajrhss-2840	40	15	the	the	DET
ajrhss-2840	40	16	stock	stock	NOUN
ajrhss-2840	40	17	exchange	exchange	PROPN
ajrhss-2840	40	18	report	report	NOUN
ajrhss-2840	40	19	,	,	PUNCT
ajrhss-2840	40	20	the	the	DET
ajrhss-2840	40	21	validity	validity	NOUN
ajrhss-2840	40	22	of	of	ADP
ajrhss-2840	40	23	the	the	DET
ajrhss-2840	40	24	research	research	NOUN
ajrhss-2840	40	25	is	be	AUX
ajrhss-2840	40	26	considered	consider	VERB
ajrhss-2840	40	27	to	to	PART
ajrhss-2840	40	28	be	be	AUX
ajrhss-2840	40	29	high	high	ADJ
ajrhss-2840	40	30	.	.	PUNCT
ajrhss-2840	41	1	the	the	DET
ajrhss-2840	41	2	documents	document	NOUN
ajrhss-2840	41	3	are	be	AUX
ajrhss-2840	41	4	registered	register	VERB
ajrhss-2840	41	5	by	by	ADP
ajrhss-2840	41	6	the	the	DET
ajrhss-2840	41	7	ministry	ministry	PROPN
ajrhss-2840	41	8	of	of	ADP
ajrhss-2840	41	9	justice	justice	PROPN
ajrhss-2840	41	10	of	of	ADP
ajrhss-2840	41	11	the	the	DET
ajrhss-2840	41	12	republic	republic	NOUN
ajrhss-2840	41	13	of	of	ADP
ajrhss-2840	41	14	uzbekistan	uzbekistan	PROPN
ajrhss-2840	41	15	,	,	PUNCT
ajrhss-2840	41	16	and	and	CCONJ
ajrhss-2840	41	17	their	their	PRON
ajrhss-2840	41	18	legal	legal	ADJ
ajrhss-2840	41	19	status	status	NOUN
ajrhss-2840	41	20	is	be	AUX
ajrhss-2840	41	21	confirmed	confirm	VERB
ajrhss-2840	41	22	.	.	PUNCT
ajrhss-2840	42	1	special	special	ADJ
ajrhss-2840	42	2	attention	attention	NOUN
ajrhss-2840	42	3	was	be	AUX
ajrhss-2840	42	4	paid	pay	VERB
ajrhss-2840	42	5	to	to	ADP
ajrhss-2840	42	6	maintaining	maintain	VERB
ajrhss-2840	42	7	impartiality	impartiality	NOUN
ajrhss-2840	42	8	and	and	CCONJ
ajrhss-2840	42	9	objectivity	objectivity	NOUN
ajrhss-2840	42	10	during	during	ADP
ajrhss-2840	42	11	the	the	DET
ajrhss-2840	42	12	analysis	analysis	NOUN
ajrhss-2840	42	13	process	process	NOUN
ajrhss-2840	42	14	.	.	PUNCT
ajrhss-2840	43	1	this	this	DET
ajrhss-2840	43	2	methodology	methodology	NOUN
ajrhss-2840	43	3	allows	allow	VERB
ajrhss-2840	43	4	for	for	ADP
ajrhss-2840	43	5	a	a	DET
ajrhss-2840	43	6	systematic	systematic	ADJ
ajrhss-2840	43	7	analysis	analysis	NOUN
ajrhss-2840	43	8	of	of	ADP
ajrhss-2840	43	9	the	the	DET
ajrhss-2840	43	10	legal	legal	ADJ
ajrhss-2840	43	11	and	and	CCONJ
ajrhss-2840	43	12	technological	technological	ADJ
ajrhss-2840	43	13	development	development	NOUN
ajrhss-2840	43	14	of	of	ADP
ajrhss-2840	43	15	the	the	DET
ajrhss-2840	43	16	securities	security	NOUN
ajrhss-2840	43	17	market	market	NOUN
ajrhss-2840	43	18	in	in	ADP
ajrhss-2840	43	19	uzbekistan	uzbekistan	PROPN
ajrhss-2840	43	20	and	and	CCONJ
ajrhss-2840	43	21	provides	provide	VERB
ajrhss-2840	43	22	a	a	DET
ajrhss-2840	43	23	foundation	foundation	NOUN
ajrhss-2840	43	24	for	for	ADP
ajrhss-2840	43	25	further	further	ADJ
ajrhss-2840	43	26	detailed	detailed	ADJ
ajrhss-2840	43	27	presentation	presentation	NOUN
ajrhss-2840	43	28	of	of	ADP
ajrhss-2840	43	29	the	the	DET
ajrhss-2840	43	30	results	result	NOUN
ajrhss-2840	43	31	in	in	ADP
ajrhss-2840	43	32	the	the	DET
ajrhss-2840	43	33	subsequent	subsequent	ADJ
ajrhss-2840	43	34	sections	section	NOUN
ajrhss-2840	43	35	.	.	PUNCT
ajrhss-2840	44	1	analysis	analysis	NOUN
ajrhss-2840	44	2	and	and	CCONJ
ajrhss-2840	44	3	discussion	discussion	NOUN
ajrhss-2840	44	4	of	of	ADP
ajrhss-2840	44	5	results	result	NOUN
ajrhss-2840	44	6	in	in	ADP
ajrhss-2840	44	7	this	this	DET
ajrhss-2840	44	8	section	section	NOUN
ajrhss-2840	44	9	,	,	PUNCT
ajrhss-2840	44	10	the	the	DET
ajrhss-2840	44	11	results	result	NOUN
ajrhss-2840	44	12	derived	derive	VERB
ajrhss-2840	44	13	from	from	ADP
ajrhss-2840	44	14	five	five	NUM
ajrhss-2840	44	15	documents	document	NOUN
ajrhss-2840	44	16	on	on	ADP
ajrhss-2840	44	17	the	the	DET
ajrhss-2840	44	18	development	development	NOUN
ajrhss-2840	44	19	of	of	ADP
ajrhss-2840	44	20	the	the	DET
ajrhss-2840	44	21	securities	security	NOUN
ajrhss-2840	44	22	market	market	NOUN
ajrhss-2840	44	23	in	in	ADP
ajrhss-2840	44	24	uzbekistan	uzbekistan	PROPN
ajrhss-2840	44	25	are	be	AUX
ajrhss-2840	44	26	analyzed	analyze	VERB
ajrhss-2840	44	27	,	,	PUNCT
ajrhss-2840	44	28	and	and	CCONJ
ajrhss-2840	44	29	their	their	PRON
ajrhss-2840	44	30	legal	legal	ADJ
ajrhss-2840	44	31	,	,	PUNCT
ajrhss-2840	44	32	technological	technological	ADJ
ajrhss-2840	44	33	,	,	PUNCT
ajrhss-2840	44	34	and	and	CCONJ
ajrhss-2840	44	35	practical	practical	ADJ
ajrhss-2840	44	36	significance	significance	NOUN
ajrhss-2840	44	37	is	be	AUX
ajrhss-2840	44	38	discussed	discuss	VERB
ajrhss-2840	44	39	.	.	PUNCT
ajrhss-2840	45	1	the	the	DET
ajrhss-2840	45	2	results	result	NOUN
ajrhss-2840	45	3	highlight	highlight	VERB
ajrhss-2840	45	4	important	important	ADJ
ajrhss-2840	45	5	changes	change	NOUN
ajrhss-2840	45	6	in	in	ADP
ajrhss-2840	45	7	strengthening	strengthen	VERB
ajrhss-2840	45	8	the	the	DET
ajrhss-2840	45	9	market	market	NOUN
ajrhss-2840	45	10	’s	’s	PART
ajrhss-2840	45	11	internal	internal	ADJ
ajrhss-2840	45	12	control	control	NOUN
ajrhss-2840	45	13	mechanisms	mechanism	NOUN
ajrhss-2840	45	14	,	,	PUNCT
ajrhss-2840	45	15	increasing	increase	VERB
ajrhss-2840	45	16	convenience	convenience	NOUN
ajrhss-2840	45	17	through	through	ADP
ajrhss-2840	45	18	digitalization	digitalization	NOUN
ajrhss-2840	45	19	,	,	PUNCT
ajrhss-2840	45	20	and	and	CCONJ
ajrhss-2840	45	21	aligning	align	VERB
ajrhss-2840	45	22	with	with	ADP
ajrhss-2840	45	23	international	international	ADJ
ajrhss-2840	45	24	standards	standard	NOUN
ajrhss-2840	45	25	.	.	PUNCT
ajrhss-2840	46	1	the	the	DET
ajrhss-2840	46	2	2023	2023	NUM
ajrhss-2840	46	3	report	report	NOUN
ajrhss-2840	46	4	of	of	ADP
ajrhss-2840	46	5	the	the	DET
ajrhss-2840	46	6	"	"	PUNCT
ajrhss-2840	46	7	tashkent	tashkent	ADJ
ajrhss-2840	46	8	"	"	PUNCT
ajrhss-2840	46	9	republican	republican	PROPN
ajrhss-2840	46	10	stock	stock	PROPN
ajrhss-2840	46	11	exchange	exchange	PROPN
ajrhss-2840	46	12	reflects	reflect	VERB
ajrhss-2840	46	13	the	the	DET
ajrhss-2840	46	14	practical	practical	ADJ
ajrhss-2840	46	15	development	development	NOUN
ajrhss-2840	46	16	of	of	ADP
ajrhss-2840	46	17	the	the	DET
ajrhss-2840	46	18	market	market	NOUN
ajrhss-2840	46	19	.	.	PUNCT
ajrhss-2840	47	1	according	accord	VERB
ajrhss-2840	47	2	to	to	ADP
ajrhss-2840	47	3	the	the	DET
ajrhss-2840	47	4	report	report	NOUN
ajrhss-2840	47	5	,	,	PUNCT
ajrhss-2840	47	6	the	the	DET
ajrhss-2840	47	7	exchange	exchange	NOUN
ajrhss-2840	47	8	’s	’s	PART
ajrhss-2840	47	9	trading	trading	NOUN
ajrhss-2840	47	10	volume	volume	NOUN
ajrhss-2840	47	11	showed	show	VERB
ajrhss-2840	47	12	an	an	DET
ajrhss-2840	47	13	upward	upward	ADJ
ajrhss-2840	47	14	trend	trend	NOUN
ajrhss-2840	47	15	compared	compare	VERB
ajrhss-2840	47	16	to	to	ADP
ajrhss-2840	47	17	the	the	DET
ajrhss-2840	47	18	previous	previous	ADJ
ajrhss-2840	47	19	year	year	NOUN
ajrhss-2840	47	20	,	,	PUNCT
ajrhss-2840	47	21	with	with	ADP
ajrhss-2840	47	22	increased	increase	VERB
ajrhss-2840	47	23	activity	activity	NOUN
ajrhss-2840	47	24	in	in	ADP
ajrhss-2840	47	25	the	the	DET
ajrhss-2840	47	26	stock	stock	NOUN
ajrhss-2840	47	27	and	and	CCONJ
ajrhss-2840	47	28	bond	bond	NOUN
ajrhss-2840	47	29	markets	market	NOUN
ajrhss-2840	47	30	.	.	PUNCT
ajrhss-2840	48	1	specifically	specifically	ADV
ajrhss-2840	48	2	,	,	PUNCT
ajrhss-2840	48	3	the	the	DET
ajrhss-2840	48	4	report	report	NOUN
ajrhss-2840	48	5	emphasized	emphasize	VERB
ajrhss-2840	48	6	the	the	DET
ajrhss-2840	48	7	expansion	expansion	NOUN
ajrhss-2840	48	8	of	of	ADP
ajrhss-2840	48	9	international	international	ADJ
ajrhss-2840	48	10	cooperation	cooperation	NOUN
ajrhss-2840	48	11	(	(	PUNCT
ajrhss-2840	48	12	such	such	ADJ
ajrhss-2840	48	13	as	as	ADP
ajrhss-2840	48	14	the	the	DET
ajrhss-2840	48	15	signing	signing	NOUN
ajrhss-2840	48	16	of	of	ADP
ajrhss-2840	48	17	memorandums	memorandum	NOUN
ajrhss-2840	48	18	with	with	ADP
ajrhss-2840	48	19	foreign	foreign	ADJ
ajrhss-2840	48	20	exchanges	exchange	NOUN
ajrhss-2840	48	21	)	)	PUNCT
ajrhss-2840	48	22	and	and	CCONJ
ajrhss-2840	48	23	the	the	DET
ajrhss-2840	48	24	development	development	NOUN
ajrhss-2840	48	25	of	of	ADP
ajrhss-2840	48	26	digital	digital	ADJ
ajrhss-2840	48	27	platforms	platform	NOUN
ajrhss-2840	48	28	as	as	ADP
ajrhss-2840	48	29	strategic	strategic	ADJ
ajrhss-2840	48	30	directions	direction	NOUN
ajrhss-2840	48	31	.	.	PUNCT
ajrhss-2840	49	1	this	this	DET
ajrhss-2840	49	2	growth	growth	NOUN
ajrhss-2840	49	3	indicates	indicate	VERB
ajrhss-2840	49	4	the	the	DET
ajrhss-2840	49	5	positive	positive	ADJ
ajrhss-2840	49	6	impact	impact	NOUN
ajrhss-2840	49	7	of	of	ADP
ajrhss-2840	49	8	regulatory	regulatory	ADJ
ajrhss-2840	49	9	and	and	CCONJ
ajrhss-2840	49	10	legal	legal	ADJ
ajrhss-2840	49	11	reforms	reform	NOUN
ajrhss-2840	49	12	.	.	PUNCT
ajrhss-2840	50	1	the	the	DET
ajrhss-2840	50	2	order	order	NOUN
ajrhss-2840	50	3	from	from	ADP
ajrhss-2840	50	4	the	the	DET
ajrhss-2840	50	5	ministry	ministry	PROPN
ajrhss-2840	50	6	of	of	ADP
ajrhss-2840	50	7	justice	justice	PROPN
ajrhss-2840	50	8	of	of	ADP
ajrhss-2840	50	9	the	the	DET
ajrhss-2840	50	10	republic	republic	NOUN
ajrhss-2840	50	11	of	of	ADP
ajrhss-2840	50	12	uzbekistan	uzbekistan	PROPN
ajrhss-2840	50	13	dated	date	VERB
ajrhss-2840	50	14	october	october	PROPN
ajrhss-2840	50	15	23	23	NUM
ajrhss-2840	50	16	,	,	PUNCT
ajrhss-2840	50	17	2019	2019	NUM
ajrhss-2840	50	18	,	,	PUNCT
ajrhss-2840	50	19	regarding	regard	VERB
ajrhss-2840	50	20	amendments	amendment	NOUN
ajrhss-2840	50	21	and	and	CCONJ
ajrhss-2840	50	22	additions	addition	NOUN
ajrhss-2840	50	23	to	to	ADP
ajrhss-2840	50	24	the	the	DET
ajrhss-2840	50	25	"	"	PUNCT
ajrhss-2840	50	26	regulation	regulation	NOUN
ajrhss-2840	50	27	on	on	ADP
ajrhss-2840	50	28	internal	internal	ADJ
ajrhss-2840	50	29	control	control	NOUN
ajrhss-2840	50	30	of	of	ADP
ajrhss-2840	50	31	professional	professional	ADJ
ajrhss-2840	50	32	participants	participant	NOUN
ajrhss-2840	50	33	in	in	ADP
ajrhss-2840	50	34	the	the	DET
ajrhss-2840	50	35	securities	security	NOUN
ajrhss-2840	50	36	market	market	NOUN
ajrhss-2840	50	37	,	,	PUNCT
ajrhss-2840	50	38	"	"	PUNCT
ajrhss-2840	50	39	and	and	CCONJ
ajrhss-2840	50	40	the	the	DET
ajrhss-2840	50	41	decision	decision	NOUN
ajrhss-2840	50	42	from	from	ADP
ajrhss-2840	50	43	the	the	DET
ajrhss-2840	50	44	ministry	ministry	PROPN
ajrhss-2840	50	45	of	of	ADP
ajrhss-2840	50	46	finance	finance	NOUN
ajrhss-2840	50	47	of	of	ADP
ajrhss-2840	50	48	the	the	DET
ajrhss-2840	50	49	republic	republic	NOUN
ajrhss-2840	50	50	of	of	ADP
ajrhss-2840	50	51	uzbekistan	uzbekistan	PROPN
ajrhss-2840	50	52	and	and	CCONJ
ajrhss-2840	50	53	the	the	DET
ajrhss-2840	50	54	department	department	NOUN
ajrhss-2840	50	55	for	for	ADP
ajrhss-2840	50	56	combating	combat	VERB
ajrhss-2840	50	57	economic	economic	ADJ
ajrhss-2840	50	58	crimes	crime	NOUN
ajrhss-2840	50	59	under	under	ADP
ajrhss-2840	50	60	the	the	DET
ajrhss-2840	50	61	general	general	ADJ
ajrhss-2840	50	62	prosecutor	prosecutor	NOUN
ajrhss-2840	50	63	's	's	PART
ajrhss-2840	50	64	office	office	NOUN
ajrhss-2840	50	65	of	of	ADP
ajrhss-2840	50	66	the	the	DET
ajrhss-2840	50	67	republic	republic	NOUN
ajrhss-2840	50	68	of	of	ADP
ajrhss-2840	50	69	uzbekistan	uzbekistan	PROPN
ajrhss-2840	50	70	dated	date	VERB
ajrhss-2840	50	71	june	june	PROPN
ajrhss-2840	50	72	26	26	NUM
ajrhss-2840	50	73	,	,	PUNCT
ajrhss-2840	50	74	2021	2021	NUM
ajrhss-2840	50	75	,	,	PUNCT
ajrhss-2840	50	76	aimed	aim	VERB
ajrhss-2840	50	77	at	at	ADP
ajrhss-2840	50	78	strengthening	strengthen	VERB
ajrhss-2840	50	79	internal	internal	ADJ
ajrhss-2840	50	80	control	control	NOUN
ajrhss-2840	50	81	in	in	ADP
ajrhss-2840	50	82	the	the	DET
ajrhss-2840	50	83	securities	security	NOUN
ajrhss-2840	50	84	market	market	NOUN
ajrhss-2840	50	85	.	.	PUNCT
ajrhss-2840	51	1	in	in	ADP
ajrhss-2840	51	2	2021	2021	NUM
ajrhss-2840	51	3	,	,	PUNCT
ajrhss-2840	51	4	mechanisms	mechanism	NOUN
ajrhss-2840	51	5	for	for	ADP
ajrhss-2840	51	6	deep	deep	ADJ
ajrhss-2840	51	7	monitoring	monitoring	NOUN
ajrhss-2840	51	8	of	of	ADP
ajrhss-2840	51	9	operations	operation	NOUN
ajrhss-2840	51	10	by	by	ADP
ajrhss-2840	51	11	high	high	ADV
ajrhss-2840	51	12	-	-	PUNCT
ajrhss-2840	51	13	ranking	rank	VERB
ajrhss-2840	51	14	officials	official	NOUN
ajrhss-2840	51	15	and	and	CCONJ
ajrhss-2840	51	16	a	a	DET
ajrhss-2840	51	17	30	30	NUM
ajrhss-2840	51	18	-	-	PUNCT
ajrhss-2840	51	19	day	day	NOUN
ajrhss-2840	51	20	operation	operation	NOUN
ajrhss-2840	51	21	suspension	suspension	NOUN
ajrhss-2840	51	22	were	be	AUX
ajrhss-2840	51	23	introduced	introduce	VERB
ajrhss-2840	51	24	.	.	PUNCT
ajrhss-2840	52	1	these	these	DET
ajrhss-2840	52	2	changes	change	NOUN
ajrhss-2840	52	3	align	align	VERB
ajrhss-2840	52	4	with	with	ADP
ajrhss-2840	52	5	fatf	fatf	NOUN
ajrhss-2840	52	6	standards	standard	NOUN
ajrhss-2840	52	7	and	and	CCONJ
ajrhss-2840	52	8	serve	serve	VERB
ajrhss-2840	52	9	to	to	PART
ajrhss-2840	52	10	enhance	enhance	VERB
ajrhss-2840	52	11	market	market	NOUN
ajrhss-2840	52	12	security	security	NOUN
ajrhss-2840	52	13	.	.	PUNCT
ajrhss-2840	53	1	american	american	ADJ
ajrhss-2840	53	2	journal	journal	PROPN
ajrhss-2840	53	3	of	of	ADP
ajrhss-2840	53	4	business	business	NOUN
ajrhss-2840	53	5	management	management	NOUN
ajrhss-2840	53	6	,	,	PUNCT
ajrhss-2840	53	7	economics	economic	NOUN
ajrhss-2840	53	8	and	and	CCONJ
ajrhss-2840	53	9	banking	banking	NOUN
ajrhss-2840	53	10	volume	volume	NOUN
ajrhss-2840	53	11	35	35	NUM
ajrhss-2840	53	12	april	april	PROPN
ajrhss-2840	53	13	2025	2025	NUM
ajrhss-2840	53	14	p	p	NOUN
ajrhss-2840	53	15	a	a	DET
ajrhss-2840	53	16	g	g	NOUN
ajrhss-2840	53	17	e	e	NOUN
ajrhss-2840	53	18	|	|	NOUN
ajrhss-2840	53	19	21	21	NUM
ajrhss-2840	53	20	www.americanjournal.org	www.americanjournal.org	NOUN
ajrhss-2840	53	21	the	the	DET
ajrhss-2840	53	22	trading	trading	NOUN
ajrhss-2840	53	23	volume	volume	NOUN
ajrhss-2840	53	24	in	in	ADP
ajrhss-2840	53	25	the	the	DET
ajrhss-2840	53	26	stock	stock	NOUN
ajrhss-2840	53	27	market	market	NOUN
ajrhss-2840	53	28	amounted	amount	VERB
ajrhss-2840	53	29	to	to	ADP
ajrhss-2840	53	30	19.18	19.18	NUM
ajrhss-2840	53	31	trillion	trillion	NUM
ajrhss-2840	53	32	soms	som	NOUN
ajrhss-2840	53	33	(	(	PUNCT
ajrhss-2840	53	34	$	$	SYM
ajrhss-2840	53	35	1.5	1.5	NUM
ajrhss-2840	53	36	billion	billion	NUM
ajrhss-2840	53	37	)	)	PUNCT
ajrhss-2840	53	38	.	.	PUNCT
ajrhss-2840	54	1	compared	compare	VERB
ajrhss-2840	54	2	to	to	ADP
ajrhss-2840	54	3	the	the	DET
ajrhss-2840	54	4	previous	previous	ADJ
ajrhss-2840	54	5	year	year	NOUN
ajrhss-2840	54	6	,	,	PUNCT
ajrhss-2840	54	7	the	the	DET
ajrhss-2840	54	8	trading	trading	NOUN
ajrhss-2840	54	9	volume	volume	NOUN
ajrhss-2840	54	10	increased	increase	VERB
ajrhss-2840	54	11	by	by	ADP
ajrhss-2840	54	12	16.56	16.56	NUM
ajrhss-2840	54	13	trillion	trillion	NUM
ajrhss-2840	54	14	soms	som	NOUN
ajrhss-2840	54	15	or	or	CCONJ
ajrhss-2840	54	16	632.0	632.0	NUM
ajrhss-2840	54	17	%	%	NOUN
ajrhss-2840	54	18	.	.	PUNCT
ajrhss-2840	55	1	meanwhile	meanwhile	ADV
ajrhss-2840	55	2	,	,	PUNCT
ajrhss-2840	55	3	the	the	DET
ajrhss-2840	55	4	main	main	ADJ
ajrhss-2840	55	5	volume	volume	NOUN
ajrhss-2840	55	6	of	of	ADP
ajrhss-2840	55	7	trades	trade	NOUN
ajrhss-2840	55	8	(	(	PUNCT
ajrhss-2840	55	9	18.6	18.6	NUM
ajrhss-2840	55	10	trillion	trillion	NUM
ajrhss-2840	55	11	soms	som	NOUN
ajrhss-2840	55	12	)	)	PUNCT
ajrhss-2840	55	13	was	be	AUX
ajrhss-2840	55	14	attributed	attribute	VERB
ajrhss-2840	55	15	to	to	ADP
ajrhss-2840	55	16	transactions	transaction	NOUN
ajrhss-2840	55	17	related	relate	VERB
ajrhss-2840	55	18	to	to	ADP
ajrhss-2840	55	19	the	the	DET
ajrhss-2840	55	20	primary	primary	ADJ
ajrhss-2840	55	21	placement	placement	NOUN
ajrhss-2840	55	22	of	of	ADP
ajrhss-2840	55	23	shares	share	NOUN
ajrhss-2840	55	24	and	and	CCONJ
ajrhss-2840	55	25	block	block	NOUN
ajrhss-2840	55	26	transactions	transaction	NOUN
ajrhss-2840	55	27	on	on	ADP
ajrhss-2840	55	28	the	the	DET
ajrhss-2840	55	29	free	free	ADJ
ajrhss-2840	55	30	of	of	ADP
ajrhss-2840	55	31	payment	payment	NOUN
ajrhss-2840	55	32	board	board	NOUN
ajrhss-2840	55	33	(	(	PUNCT
ajrhss-2840	55	34	fop	fop	ADJ
ajrhss-2840	55	35	)	)	PUNCT
ajrhss-2840	55	36	in	in	ADP
ajrhss-2840	55	37	the	the	DET
ajrhss-2840	55	38	secondary	secondary	ADJ
ajrhss-2840	55	39	market	market	NOUN
ajrhss-2840	55	40	.	.	PUNCT
ajrhss-2840	56	1	the	the	DET
ajrhss-2840	56	2	significant	significant	ADJ
ajrhss-2840	56	3	growth	growth	NOUN
ajrhss-2840	56	4	in	in	ADP
ajrhss-2840	56	5	transaction	transaction	NOUN
ajrhss-2840	56	6	volume	volume	NOUN
ajrhss-2840	56	7	on	on	ADP
ajrhss-2840	56	8	the	the	DET
ajrhss-2840	56	9	fop	fop	ADJ
ajrhss-2840	56	10	platform	platform	NOUN
ajrhss-2840	56	11	is	be	AUX
ajrhss-2840	56	12	explained	explain	VERB
ajrhss-2840	56	13	by	by	ADP
ajrhss-2840	56	14	the	the	DET
ajrhss-2840	56	15	increasing	increase	VERB
ajrhss-2840	56	16	use	use	NOUN
ajrhss-2840	56	17	of	of	ADP
ajrhss-2840	56	18	the	the	DET
ajrhss-2840	56	19	organized	organize	VERB
ajrhss-2840	56	20	market	market	NOUN
ajrhss-2840	56	21	by	by	ADP
ajrhss-2840	56	22	issuers	issuer	NOUN
ajrhss-2840	56	23	transitioning	transition	VERB
ajrhss-2840	56	24	from	from	ADP
ajrhss-2840	56	25	the	the	DET
ajrhss-2840	56	26	unorganized	unorganized	ADJ
ajrhss-2840	56	27	over	over	ADP
ajrhss-2840	56	28	-	-	PUNCT
ajrhss-2840	56	29	the	the	DET
ajrhss-2840	56	30	-	-	PUNCT
ajrhss-2840	56	31	counter	counter	NOUN
ajrhss-2840	56	32	market	market	NOUN
ajrhss-2840	56	33	to	to	PART
ajrhss-2840	56	34	execute	execute	VERB
ajrhss-2840	56	35	deals	deal	NOUN
ajrhss-2840	56	36	,	,	PUNCT
ajrhss-2840	56	37	which	which	PRON
ajrhss-2840	56	38	ensures	ensure	VERB
ajrhss-2840	56	39	higher	high	ADJ
ajrhss-2840	56	40	levels	level	NOUN
ajrhss-2840	56	41	of	of	ADP
ajrhss-2840	56	42	openness	openness	NOUN
ajrhss-2840	56	43	and	and	CCONJ
ajrhss-2840	56	44	transparency	transparency	NOUN
ajrhss-2840	56	45	in	in	ADP
ajrhss-2840	56	46	the	the	DET
ajrhss-2840	56	47	stock	stock	NOUN
ajrhss-2840	56	48	market	market	NOUN
ajrhss-2840	56	49	.	.	PUNCT
ajrhss-2840	57	1	as	as	ADP
ajrhss-2840	57	2	a	a	DET
ajrhss-2840	57	3	result	result	NOUN
ajrhss-2840	57	4	,	,	PUNCT
ajrhss-2840	57	5	the	the	DET
ajrhss-2840	57	6	share	share	NOUN
ajrhss-2840	57	7	of	of	ADP
ajrhss-2840	57	8	the	the	DET
ajrhss-2840	57	9	unorganized	unorganized	ADJ
ajrhss-2840	57	10	market	market	NOUN
ajrhss-2840	57	11	decreased	decrease	VERB
ajrhss-2840	57	12	from	from	ADP
ajrhss-2840	57	13	94	94	NUM
ajrhss-2840	57	14	%	%	NOUN
ajrhss-2840	57	15	last	last	ADJ
ajrhss-2840	57	16	year	year	NOUN
ajrhss-2840	57	17	to	to	ADP
ajrhss-2840	57	18	58	58	NUM
ajrhss-2840	57	19	%	%	NOUN
ajrhss-2840	57	20	,	,	PUNCT
ajrhss-2840	57	21	while	while	SCONJ
ajrhss-2840	57	22	the	the	DET
ajrhss-2840	57	23	share	share	NOUN
ajrhss-2840	57	24	of	of	ADP
ajrhss-2840	57	25	the	the	DET
ajrhss-2840	57	26	organized	organized	ADJ
ajrhss-2840	57	27	market	market	NOUN
ajrhss-2840	57	28	increased	increase	VERB
ajrhss-2840	57	29	from	from	ADP
ajrhss-2840	57	30	6	6	NUM
ajrhss-2840	57	31	%	%	NOUN
ajrhss-2840	57	32	last	last	ADJ
ajrhss-2840	57	33	year	year	NOUN
ajrhss-2840	57	34	to	to	ADP
ajrhss-2840	57	35	42	42	NUM
ajrhss-2840	57	36	%	%	NOUN
ajrhss-2840	57	37	in	in	ADP
ajrhss-2840	57	38	2024	2024	NUM
ajrhss-2840	57	39	.	.	PUNCT
ajrhss-2840	58	1	the	the	DET
ajrhss-2840	58	2	average	average	ADJ
ajrhss-2840	58	3	daily	daily	ADJ
ajrhss-2840	58	4	trading	trading	NOUN
ajrhss-2840	58	5	volume	volume	NOUN
ajrhss-2840	58	6	amounted	amount	VERB
ajrhss-2840	58	7	to	to	ADP
ajrhss-2840	58	8	77.4	77.4	NUM
ajrhss-2840	58	9	billion	billion	NUM
ajrhss-2840	58	10	soms	som	NOUN
ajrhss-2840	58	11	.	.	PUNCT
ajrhss-2840	59	1	the	the	DET
ajrhss-2840	59	2	main	main	ADJ
ajrhss-2840	59	3	indicators	indicator	NOUN
ajrhss-2840	59	4	of	of	ADP
ajrhss-2840	59	5	the	the	DET
ajrhss-2840	59	6	stock	stock	NOUN
ajrhss-2840	59	7	market	market	NOUN
ajrhss-2840	59	8	are	be	AUX
ajrhss-2840	59	9	as	as	SCONJ
ajrhss-2840	59	10	follows	follow	VERB
ajrhss-2840	59	11	2020	2020	NUM
ajrhss-2840	59	12	2021	2021	NUM
ajrhss-2840	59	13	2022	2022	NUM
ajrhss-2840	59	14	2023	2023	NUM
ajrhss-2840	59	15	2024	2024	NUM
ajrhss-2840	59	16	trading	trading	NOUN
ajrhss-2840	59	17	volume	volume	NOUN
ajrhss-2840	59	18	mln	mln	NOUN
ajrhss-2840	59	19	so‘m	so‘m	PROPN
ajrhss-2840	59	20	510800	510800	NUM
ajrhss-2840	59	21	1147110	1147110	NUM
ajrhss-2840	59	22	4705790	4705790	NUM
ajrhss-2840	59	23	2620570	2620570	NUM
ajrhss-2840	59	24	19182120	19182120	NUM
ajrhss-2840	59	25	average	average	ADJ
ajrhss-2840	59	26	daily	daily	ADJ
ajrhss-2840	59	27	trading	trading	NOUN
ajrhss-2840	59	28	volume	volume	NOUN
ajrhss-2840	59	29	mln	mln	PROPN
ajrhss-2840	59	30	so‘m	so‘m	PROPN
ajrhss-2840	59	31	2003	2003	NUM
ajrhss-2840	59	32	4588	4588	NUM
ajrhss-2840	59	33	19052	19052	NUM
ajrhss-2840	59	34	10567	10567	NUM
ajrhss-2840	59	35	77347	77347	NUM
ajrhss-2840	59	36	average	average	ADJ
ajrhss-2840	59	37	size	size	NOUN
ajrhss-2840	59	38	of	of	ADP
ajrhss-2840	59	39	a	a	DET
ajrhss-2840	59	40	single	single	ADJ
ajrhss-2840	59	41	transaction	transaction	NOUN
ajrhss-2840	59	42	mln	mln	NUM
ajrhss-2840	59	43	so‘m	so‘m	NOUN
ajrhss-2840	59	44	14.2	14.2	NUM
ajrhss-2840	59	45	16.1	16.1	NUM
ajrhss-2840	59	46	58.4	58.4	NUM
ajrhss-2840	59	47	6.4	6.4	NUM
ajrhss-2840	59	48	43.2	43.2	NUM
ajrhss-2840	59	49	number	number	NOUN
ajrhss-2840	59	50	of	of	ADP
ajrhss-2840	59	51	transactions	transaction	NOUN
ajrhss-2840	59	52	dona	dona	X
ajrhss-2840	59	53	35983	35983	NUM
ajrhss-2840	59	54	71187	71187	NUM
ajrhss-2840	59	55	80652	80652	NUM
ajrhss-2840	59	56	411393	411393	NUM
ajrhss-2840	59	57	443849	443849	NUM
ajrhss-2840	59	58	average	average	ADJ
ajrhss-2840	59	59	daily	daily	ADJ
ajrhss-2840	59	60	number	number	NOUN
ajrhss-2840	59	61	of	of	ADP
ajrhss-2840	59	62	transactions	transaction	NOUN
ajrhss-2840	59	63	dona	dona	INTJ
ajrhss-2840	59	64	141	141	NUM
ajrhss-2840	59	65	285	285	NUM
ajrhss-2840	59	66	327	327	NUM
ajrhss-2840	59	67	1659	1659	NUM
ajrhss-2840	59	68	1790	1790	NUM
ajrhss-2840	59	69	figure	figure	NOUN
ajrhss-2840	59	70	1	1	NUM
ajrhss-2840	59	71	.	.	PUNCT
ajrhss-2840	59	72	key	key	ADJ
ajrhss-2840	59	73	indicators	indicator	NOUN
ajrhss-2840	59	74	of	of	ADP
ajrhss-2840	59	75	the	the	DET
ajrhss-2840	59	76	stock	stock	NOUN
ajrhss-2840	59	77	market1	market1	NOUN
ajrhss-2840	59	78	the	the	DET
ajrhss-2840	59	79	resolution	resolution	NOUN
ajrhss-2840	59	80	of	of	ADP
ajrhss-2840	59	81	the	the	DET
ajrhss-2840	59	82	cabinet	cabinet	NOUN
ajrhss-2840	59	83	of	of	ADP
ajrhss-2840	59	84	ministers	minister	NOUN
ajrhss-2840	59	85	of	of	ADP
ajrhss-2840	59	86	the	the	DET
ajrhss-2840	59	87	republic	republic	NOUN
ajrhss-2840	59	88	of	of	ADP
ajrhss-2840	59	89	uzbekistan	uzbekistan	PROPN
ajrhss-2840	59	90	,	,	PUNCT
ajrhss-2840	59	91	no	no	INTJ
ajrhss-2840	59	92	.	.	NOUN
ajrhss-2840	59	93	238	238	NUM
ajrhss-2840	59	94	,	,	PUNCT
ajrhss-2840	59	95	dated	date	VERB
ajrhss-2840	59	96	april	april	PROPN
ajrhss-2840	59	97	26	26	NUM
ajrhss-2840	59	98	,	,	PUNCT
ajrhss-2840	59	99	2024	2024	NUM
ajrhss-2840	59	100	,	,	PUNCT
ajrhss-2840	59	101	"	"	PUNCT
ajrhss-2840	59	102	on	on	ADP
ajrhss-2840	59	103	approval	approval	NOUN
ajrhss-2840	59	104	of	of	ADP
ajrhss-2840	59	105	the	the	DET
ajrhss-2840	59	106	regulation	regulation	NOUN
ajrhss-2840	59	107	on	on	ADP
ajrhss-2840	59	108	the	the	DET
ajrhss-2840	59	109	procedure	procedure	NOUN
ajrhss-2840	59	110	for	for	ADP
ajrhss-2840	59	111	remote	remote	ADJ
ajrhss-2840	59	112	digital	digital	ADJ
ajrhss-2840	59	113	identification	identification	NOUN
ajrhss-2840	59	114	of	of	ADP
ajrhss-2840	59	115	customers	customer	NOUN
ajrhss-2840	59	116	in	in	ADP
ajrhss-2840	59	117	the	the	DET
ajrhss-2840	59	118	securities	security	NOUN
ajrhss-2840	59	119	market	market	NOUN
ajrhss-2840	59	120	,	,	PUNCT
ajrhss-2840	59	121	"	"	PUNCT
ajrhss-2840	59	122	introduced	introduce	VERB
ajrhss-2840	59	123	the	the	DET
ajrhss-2840	59	124	procedure	procedure	NOUN
ajrhss-2840	59	125	for	for	ADP
ajrhss-2840	59	126	remote	remote	ADJ
ajrhss-2840	59	127	digital	digital	ADJ
ajrhss-2840	59	128	identification	identification	NOUN
ajrhss-2840	59	129	of	of	ADP
ajrhss-2840	59	130	customers	customer	NOUN
ajrhss-2840	59	131	.	.	PUNCT
ajrhss-2840	60	1	this	this	DET
ajrhss-2840	60	2	system	system	NOUN
ajrhss-2840	60	3	is	be	AUX
ajrhss-2840	60	4	based	base	VERB
ajrhss-2840	60	5	on	on	ADP
ajrhss-2840	60	6	kyc	kyc	PROPN
ajrhss-2840	60	7	(	(	PUNCT
ajrhss-2840	60	8	know	know	VERB
ajrhss-2840	60	9	your	your	PRON
ajrhss-2840	60	10	customer	customer	NOUN
ajrhss-2840	60	11	)	)	PUNCT
ajrhss-2840	60	12	and	and	CCONJ
ajrhss-2840	60	13	aml	aml	PROPN
ajrhss-2840	60	14	/	/	SYM
ajrhss-2840	60	15	cft	cft	PROPN
ajrhss-2840	60	16	(	(	PUNCT
ajrhss-2840	60	17	anti	anti	ADJ
ajrhss-2840	60	18	-	-	ADJ
ajrhss-2840	60	19	money	money	ADJ
ajrhss-2840	60	20	laundering	laundering	NOUN
ajrhss-2840	60	21	/	/	SYM
ajrhss-2840	60	22	countering	counter	VERB
ajrhss-2840	60	23	the	the	DET
ajrhss-2840	60	24	financing	financing	NOUN
ajrhss-2840	60	25	of	of	ADP
ajrhss-2840	60	26	terrorism	terrorism	NOUN
ajrhss-2840	60	27	)	)	PUNCT
ajrhss-2840	60	28	requirements	requirement	NOUN
ajrhss-2840	60	29	and	and	CCONJ
ajrhss-2840	60	30	enables	enable	VERB
ajrhss-2840	60	31	remote	remote	ADJ
ajrhss-2840	60	32	account	account	NOUN
ajrhss-2840	60	33	opening	opening	NOUN
ajrhss-2840	60	34	and	and	CCONJ
ajrhss-2840	60	35	contract	contract	NOUN
ajrhss-2840	60	36	signing	signing	NOUN
ajrhss-2840	60	37	with	with	ADP
ajrhss-2840	60	38	a	a	DET
ajrhss-2840	60	39	digital	digital	ADJ
ajrhss-2840	60	40	signature	signature	NOUN
ajrhss-2840	60	41	.	.	PUNCT
ajrhss-2840	61	1	the	the	DET
ajrhss-2840	61	2	document	document	NOUN
ajrhss-2840	61	3	establishes	establish	VERB
ajrhss-2840	61	4	strict	strict	ADJ
ajrhss-2840	61	5	measures	measure	NOUN
ajrhss-2840	61	6	for	for	ADP
ajrhss-2840	61	7	data	data	NOUN
ajrhss-2840	61	8	security	security	NOUN
ajrhss-2840	61	9	(	(	PUNCT
ajrhss-2840	61	10	e.g.	e.g.	ADV
ajrhss-2840	61	11	,	,	PUNCT
ajrhss-2840	61	12	local	local	ADJ
ajrhss-2840	61	13	server	server	NOUN
ajrhss-2840	61	14	hosting	host	VERB
ajrhss-2840	61	15	,	,	PUNCT
ajrhss-2840	61	16	multi	multi	ADJ
ajrhss-2840	61	17	-	-	ADJ
ajrhss-2840	61	18	factor	factor	NOUN
ajrhss-2840	61	19	authentication	authentication	NOUN
ajrhss-2840	61	20	)	)	PUNCT
ajrhss-2840	61	21	.	.	PUNCT
ajrhss-2840	62	1	the	the	DET
ajrhss-2840	62	2	following	follow	VERB
ajrhss-2840	62	3	table	table	NOUN
ajrhss-2840	62	4	shows	show	VERB
ajrhss-2840	62	5	the	the	DET
ajrhss-2840	62	6	key	key	ADJ
ajrhss-2840	62	7	features	feature	NOUN
ajrhss-2840	62	8	:	:	PUNCT
ajrhss-2840	62	9	1	1	NUM
ajrhss-2840	62	10	-	-	PUNCT
ajrhss-2840	62	11	table	table	NOUN
ajrhss-2840	62	12	.	.	PUNCT
ajrhss-2840	63	1	features	feature	NOUN
ajrhss-2840	63	2	of	of	ADP
ajrhss-2840	63	3	the	the	DET
ajrhss-2840	63	4	digital	digital	ADJ
ajrhss-2840	63	5	identification	identification	NOUN
ajrhss-2840	63	6	system2	system2	NOUN
ajrhss-2840	63	7	feature	feature	NOUN
ajrhss-2840	63	8	description	description	NOUN
ajrhss-2840	63	9	advantage	advantage	NOUN
ajrhss-2840	63	10	remote	remote	ADJ
ajrhss-2840	63	11	deposit	deposit	NOUN
ajrhss-2840	63	12	account	account	NOUN
ajrhss-2840	63	13	opening	opening	NOUN
ajrhss-2840	63	14	via	via	ADP
ajrhss-2840	63	15	biometric	biometric	ADJ
ajrhss-2840	63	16	passport	passport	NOUN
ajrhss-2840	63	17	/	/	SYM
ajrhss-2840	63	18	id	id	NOUN
ajrhss-2840	63	19	card	card	NOUN
ajrhss-2840	63	20	convenience	convenience	NOUN
ajrhss-2840	63	21	for	for	ADP
ajrhss-2840	63	22	investors	investor	NOUN
ajrhss-2840	63	23	multi	multi	ADJ
ajrhss-2840	63	24	-	-	ADJ
ajrhss-2840	63	25	factor	factor	NOUN
ajrhss-2840	63	26	authentication	authentication	NOUN
ajrhss-2840	63	27	confirmation	confirmation	NOUN
ajrhss-2840	63	28	via	via	ADP
ajrhss-2840	63	29	sms	sms	PROPN
ajrhss-2840	63	30	,	,	PUNCT
ajrhss-2840	63	31	email	email	NOUN
ajrhss-2840	63	32	,	,	PUNCT
ajrhss-2840	63	33	or	or	CCONJ
ajrhss-2840	63	34	social	social	ADJ
ajrhss-2840	63	35	networks	network	NOUN
ajrhss-2840	63	36	enhancing	enhance	VERB
ajrhss-2840	63	37	security	security	NOUN
ajrhss-2840	63	38	compliance	compliance	NOUN
ajrhss-2840	63	39	with	with	ADP
ajrhss-2840	63	40	fatf	fatf	NOUN
ajrhss-2840	63	41	requirements	requirement	VERB
ajrhss-2840	63	42	a	a	DET
ajrhss-2840	63	43	verification	verification	NOUN
ajrhss-2840	63	44	system	system	NOUN
ajrhss-2840	63	45	compliant	compliant	NOUN
ajrhss-2840	63	46	with	with	ADP
ajrhss-2840	63	47	aml	aml	PROPN
ajrhss-2840	63	48	/	/	SYM
ajrhss-2840	63	49	cft	cft	PROPN
ajrhss-2840	63	50	standards	standard	NOUN
ajrhss-2840	63	51	international	international	ADJ
ajrhss-2840	63	52	integration	integration	NOUN
ajrhss-2840	63	53	1	1	NUM
ajrhss-2840	63	54	the	the	DET
ajrhss-2840	63	55	information	information	NOUN
ajrhss-2840	63	56	is	be	AUX
ajrhss-2840	63	57	sourced	source	VERB
ajrhss-2840	63	58	from	from	ADP
ajrhss-2840	63	59	the	the	DET
ajrhss-2840	63	60	official	official	ADJ
ajrhss-2840	63	61	website	website	NOUN
ajrhss-2840	63	62	of	of	ADP
ajrhss-2840	63	63	the	the	DET
ajrhss-2840	63	64	"	"	PUNCT
ajrhss-2840	63	65	tashkent	tashkent	ADJ
ajrhss-2840	63	66	"	"	PUNCT
ajrhss-2840	63	67	republican	republican	PROPN
ajrhss-2840	63	68	stock	stock	PROPN
ajrhss-2840	63	69	exchange	exchange	PROPN
ajrhss-2840	63	70	,	,	PUNCT
ajrhss-2840	63	71	uzse.uz	uzse.uz	X
ajrhss-2840	63	72	.	.	X
ajrhss-2840	63	73	2	2	NUM
ajrhss-2840	63	74	prepared	prepare	VERB
ajrhss-2840	63	75	by	by	ADP
ajrhss-2840	63	76	the	the	DET
ajrhss-2840	63	77	researcher	researcher	NOUN
ajrhss-2840	63	78	based	base	VERB
ajrhss-2840	63	79	on	on	ADP
ajrhss-2840	63	80	lex.uz	lex.uz	PROPN
ajrhss-2840	63	81	and	and	CCONJ
ajrhss-2840	63	82	international	international	ADJ
ajrhss-2840	63	83	standards	standard	NOUN
ajrhss-2840	63	84	.	.	PUNCT
ajrhss-2840	64	1	american	american	ADJ
ajrhss-2840	64	2	journal	journal	PROPN
ajrhss-2840	64	3	of	of	ADP
ajrhss-2840	64	4	business	business	NOUN
ajrhss-2840	64	5	management	management	NOUN
ajrhss-2840	64	6	,	,	PUNCT
ajrhss-2840	64	7	economics	economic	NOUN
ajrhss-2840	64	8	and	and	CCONJ
ajrhss-2840	64	9	banking	banking	NOUN
ajrhss-2840	64	10	volume	volume	NOUN
ajrhss-2840	64	11	35	35	NUM
ajrhss-2840	64	12	april	april	PROPN
ajrhss-2840	64	13	2025	2025	NUM
ajrhss-2840	64	14	p	p	NOUN
ajrhss-2840	64	15	a	a	DET
ajrhss-2840	64	16	g	g	NOUN
ajrhss-2840	64	17	e	e	NOUN
ajrhss-2840	64	18	|	|	ADV
ajrhss-2840	64	19	22	22	NUM
ajrhss-2840	64	20	www.americanjournal.org	www.americanjournal.org	NOUN
ajrhss-2840	64	21	digitalization	digitalization	NOUN
ajrhss-2840	64	22	in	in	ADP
ajrhss-2840	64	23	the	the	DET
ajrhss-2840	64	24	experience	experience	NOUN
ajrhss-2840	64	25	of	of	ADP
ajrhss-2840	64	26	india	india	PROPN
ajrhss-2840	64	27	's	's	PART
ajrhss-2840	64	28	nse	nse	NOUN
ajrhss-2840	64	29	(	(	PUNCT
ajrhss-2840	64	30	sebi	sebi	NOUN
ajrhss-2840	64	31	,	,	PUNCT
ajrhss-2840	64	32	2023	2023	NUM
ajrhss-2840	64	33	)	)	PUNCT
ajrhss-2840	64	34	increased	increase	VERB
ajrhss-2840	64	35	the	the	DET
ajrhss-2840	64	36	number	number	NOUN
ajrhss-2840	64	37	of	of	ADP
ajrhss-2840	64	38	investors	investor	NOUN
ajrhss-2840	64	39	,	,	PUNCT
ajrhss-2840	64	40	similarly	similarly	ADV
ajrhss-2840	64	41	,	,	PUNCT
ajrhss-2840	64	42	in	in	ADP
ajrhss-2840	64	43	uzbekistan	uzbekistan	PROPN
ajrhss-2840	64	44	,	,	PUNCT
ajrhss-2840	64	45	it	it	PRON
ajrhss-2840	64	46	could	could	AUX
ajrhss-2840	64	47	stimulate	stimulate	VERB
ajrhss-2840	64	48	market	market	NOUN
ajrhss-2840	64	49	activity	activity	NOUN
ajrhss-2840	64	50	,	,	PUNCT
ajrhss-2840	64	51	but	but	CCONJ
ajrhss-2840	64	52	the	the	DET
ajrhss-2840	64	53	low	low	ADJ
ajrhss-2840	64	54	technological	technological	ADJ
ajrhss-2840	64	55	infrastructure	infrastructure	NOUN
ajrhss-2840	64	56	and	and	CCONJ
ajrhss-2840	64	57	digital	digital	ADJ
ajrhss-2840	64	58	literacy	literacy	NOUN
ajrhss-2840	64	59	of	of	ADP
ajrhss-2840	64	60	the	the	DET
ajrhss-2840	64	61	population	population	NOUN
ajrhss-2840	64	62	may	may	AUX
ajrhss-2840	64	63	limit	limit	VERB
ajrhss-2840	64	64	the	the	DET
ajrhss-2840	64	65	widespread	widespread	ADJ
ajrhss-2840	64	66	adoption	adoption	NOUN
ajrhss-2840	64	67	of	of	ADP
ajrhss-2840	64	68	this	this	DET
ajrhss-2840	64	69	system	system	NOUN
ajrhss-2840	64	70	.	.	PUNCT
ajrhss-2840	65	1	the	the	DET
ajrhss-2840	65	2	results	result	NOUN
ajrhss-2840	65	3	show	show	VERB
ajrhss-2840	65	4	that	that	SCONJ
ajrhss-2840	65	5	the	the	DET
ajrhss-2840	65	6	securities	security	NOUN
ajrhss-2840	65	7	market	market	NOUN
ajrhss-2840	65	8	of	of	ADP
ajrhss-2840	65	9	uzbekistan	uzbekistan	PROPN
ajrhss-2840	65	10	is	be	AUX
ajrhss-2840	65	11	at	at	ADP
ajrhss-2840	65	12	a	a	DET
ajrhss-2840	65	13	significant	significant	ADJ
ajrhss-2840	65	14	stage	stage	NOUN
ajrhss-2840	65	15	of	of	ADP
ajrhss-2840	65	16	development	development	NOUN
ajrhss-2840	65	17	through	through	ADP
ajrhss-2840	65	18	the	the	DET
ajrhss-2840	65	19	improvement	improvement	NOUN
ajrhss-2840	65	20	of	of	ADP
ajrhss-2840	65	21	the	the	DET
ajrhss-2840	65	22	legal	legal	ADJ
ajrhss-2840	65	23	framework	framework	NOUN
ajrhss-2840	65	24	and	and	CCONJ
ajrhss-2840	65	25	digitalization	digitalization	NOUN
ajrhss-2840	65	26	.	.	PUNCT
ajrhss-2840	66	1	internal	internal	ADJ
ajrhss-2840	66	2	control	control	NOUN
ajrhss-2840	66	3	measures	measure	NOUN
ajrhss-2840	66	4	have	have	AUX
ajrhss-2840	66	5	strengthened	strengthen	VERB
ajrhss-2840	66	6	market	market	NOUN
ajrhss-2840	66	7	security	security	NOUN
ajrhss-2840	66	8	,	,	PUNCT
ajrhss-2840	66	9	and	and	CCONJ
ajrhss-2840	66	10	digital	digital	ADJ
ajrhss-2840	66	11	identification	identification	NOUN
ajrhss-2840	66	12	has	have	AUX
ajrhss-2840	66	13	opened	open	VERB
ajrhss-2840	66	14	new	new	ADJ
ajrhss-2840	66	15	opportunities	opportunity	NOUN
ajrhss-2840	66	16	for	for	ADP
ajrhss-2840	66	17	investors	investor	NOUN
ajrhss-2840	66	18	.	.	PUNCT
ajrhss-2840	67	1	the	the	DET
ajrhss-2840	67	2	activities	activity	NOUN
ajrhss-2840	67	3	of	of	ADP
ajrhss-2840	67	4	the	the	DET
ajrhss-2840	67	5	"	"	PUNCT
ajrhss-2840	67	6	tashkent	tashkent	ADJ
ajrhss-2840	67	7	"	"	PUNCT
ajrhss-2840	67	8	exchange	exchange	NOUN
ajrhss-2840	67	9	in	in	ADP
ajrhss-2840	67	10	2023	2023	NUM
ajrhss-2840	67	11	-	-	SYM
ajrhss-2840	67	12	2024	2024	NUM
ajrhss-2840	67	13	confirm	confirm	VERB
ajrhss-2840	67	14	the	the	DET
ajrhss-2840	67	15	practical	practical	ADJ
ajrhss-2840	67	16	results	result	NOUN
ajrhss-2840	67	17	of	of	ADP
ajrhss-2840	67	18	these	these	DET
ajrhss-2840	67	19	reforms	reform	NOUN
ajrhss-2840	67	20	.	.	PUNCT
ajrhss-2840	68	1	however	however	ADV
ajrhss-2840	68	2	,	,	PUNCT
ajrhss-2840	68	3	for	for	SCONJ
ajrhss-2840	68	4	the	the	DET
ajrhss-2840	68	5	market	market	NOUN
ajrhss-2840	68	6	's	's	PART
ajrhss-2840	68	7	full	full	ADJ
ajrhss-2840	68	8	potential	potential	NOUN
ajrhss-2840	68	9	to	to	PART
ajrhss-2840	68	10	be	be	AUX
ajrhss-2840	68	11	realized	realize	VERB
ajrhss-2840	68	12	,	,	PUNCT
ajrhss-2840	68	13	it	it	PRON
ajrhss-2840	68	14	is	be	AUX
ajrhss-2840	68	15	necessary	necessary	ADJ
ajrhss-2840	68	16	to	to	PART
ajrhss-2840	68	17	enhance	enhance	VERB
ajrhss-2840	68	18	technological	technological	ADJ
ajrhss-2840	68	19	infrastructure	infrastructure	NOUN
ajrhss-2840	68	20	and	and	CCONJ
ajrhss-2840	68	21	increase	increase	VERB
ajrhss-2840	68	22	the	the	DET
ajrhss-2840	68	23	population	population	NOUN
ajrhss-2840	68	24	's	's	PART
ajrhss-2840	68	25	financial	financial	ADJ
ajrhss-2840	68	26	literacy	literacy	NOUN
ajrhss-2840	68	27	.	.	PUNCT
ajrhss-2840	69	1	these	these	DET
ajrhss-2840	69	2	results	result	NOUN
ajrhss-2840	69	3	align	align	VERB
ajrhss-2840	69	4	with	with	ADP
ajrhss-2840	69	5	international	international	ADJ
ajrhss-2840	69	6	experience	experience	NOUN
ajrhss-2840	69	7	,	,	PUNCT
ajrhss-2840	69	8	but	but	CCONJ
ajrhss-2840	69	9	due	due	ADP
ajrhss-2840	69	10	to	to	ADP
ajrhss-2840	69	11	local	local	ADJ
ajrhss-2840	69	12	conditions	condition	NOUN
ajrhss-2840	69	13	,	,	PUNCT
ajrhss-2840	69	14	there	there	PRON
ajrhss-2840	69	15	are	be	VERB
ajrhss-2840	69	16	specific	specific	ADJ
ajrhss-2840	69	17	limitations	limitation	NOUN
ajrhss-2840	69	18	.	.	PUNCT
ajrhss-2840	70	1	conclusion	conclusion	NOUN
ajrhss-2840	70	2	this	this	DET
ajrhss-2840	70	3	study	study	NOUN
ajrhss-2840	70	4	analyzed	analyze	VERB
ajrhss-2840	70	5	the	the	DET
ajrhss-2840	70	6	development	development	NOUN
ajrhss-2840	70	7	of	of	ADP
ajrhss-2840	70	8	the	the	DET
ajrhss-2840	70	9	securities	security	NOUN
ajrhss-2840	70	10	market	market	NOUN
ajrhss-2840	70	11	in	in	ADP
ajrhss-2840	70	12	the	the	DET
ajrhss-2840	70	13	republic	republic	NOUN
ajrhss-2840	70	14	of	of	ADP
ajrhss-2840	70	15	uzbekistan	uzbekistan	PROPN
ajrhss-2840	70	16	from	from	ADP
ajrhss-2840	70	17	2019	2019	NUM
ajrhss-2840	70	18	to	to	ADP
ajrhss-2840	70	19	2024	2024	NUM
ajrhss-2840	70	20	,	,	PUNCT
ajrhss-2840	70	21	focusing	focus	VERB
ajrhss-2840	70	22	on	on	ADP
ajrhss-2840	70	23	the	the	DET
ajrhss-2840	70	24	improvement	improvement	NOUN
ajrhss-2840	70	25	of	of	ADP
ajrhss-2840	70	26	the	the	DET
ajrhss-2840	70	27	regulatory	regulatory	ADJ
ajrhss-2840	70	28	framework	framework	NOUN
ajrhss-2840	70	29	and	and	CCONJ
ajrhss-2840	70	30	digitalization	digitalization	NOUN
ajrhss-2840	70	31	trends	trend	NOUN
ajrhss-2840	70	32	.	.	PUNCT
ajrhss-2840	71	1	based	base	VERB
ajrhss-2840	71	2	on	on	ADP
ajrhss-2840	71	3	the	the	DET
ajrhss-2840	71	4	2023	2023	NUM
ajrhss-2840	71	5	report	report	NOUN
ajrhss-2840	71	6	of	of	ADP
ajrhss-2840	71	7	the	the	DET
ajrhss-2840	71	8	"	"	PUNCT
ajrhss-2840	71	9	tashkent	tashkent	ADJ
ajrhss-2840	71	10	"	"	PUNCT
ajrhss-2840	71	11	republican	republican	PROPN
ajrhss-2840	71	12	stock	stock	PROPN
ajrhss-2840	71	13	exchange	exchange	PROPN
ajrhss-2840	71	14	,	,	PUNCT
ajrhss-2840	71	15	the	the	DET
ajrhss-2840	71	16	decree	decree	NOUN
ajrhss-2840	71	17	of	of	ADP
ajrhss-2840	71	18	the	the	DET
ajrhss-2840	71	19	ministry	ministry	PROPN
ajrhss-2840	71	20	of	of	ADP
ajrhss-2840	71	21	justice	justice	PROPN
ajrhss-2840	71	22	of	of	ADP
ajrhss-2840	71	23	the	the	DET
ajrhss-2840	71	24	republic	republic	NOUN
ajrhss-2840	71	25	of	of	ADP
ajrhss-2840	71	26	uzbekistan	uzbekistan	PROPN
ajrhss-2840	71	27	dated	date	VERB
ajrhss-2840	71	28	october	october	PROPN
ajrhss-2840	71	29	23	23	NUM
ajrhss-2840	71	30	,	,	PUNCT
ajrhss-2840	71	31	2019	2019	NUM
ajrhss-2840	71	32	,	,	PUNCT
ajrhss-2840	71	33	on	on	ADP
ajrhss-2840	71	34	amendments	amendment	NOUN
ajrhss-2840	71	35	to	to	ADP
ajrhss-2840	71	36	the	the	DET
ajrhss-2840	71	37	"	"	PUNCT
ajrhss-2840	71	38	regulation	regulation	NOUN
ajrhss-2840	71	39	on	on	ADP
ajrhss-2840	71	40	the	the	DET
ajrhss-2840	71	41	internal	internal	ADJ
ajrhss-2840	71	42	control	control	NOUN
ajrhss-2840	71	43	of	of	ADP
ajrhss-2840	71	44	securities	security	NOUN
ajrhss-2840	71	45	market	market	NOUN
ajrhss-2840	71	46	professional	professional	ADJ
ajrhss-2840	71	47	participants	participant	NOUN
ajrhss-2840	71	48	,	,	PUNCT
ajrhss-2840	71	49	"	"	PUNCT
ajrhss-2840	71	50	the	the	DET
ajrhss-2840	71	51	resolution	resolution	NOUN
ajrhss-2840	71	52	of	of	ADP
ajrhss-2840	71	53	the	the	DET
ajrhss-2840	71	54	ministry	ministry	PROPN
ajrhss-2840	71	55	of	of	ADP
ajrhss-2840	71	56	finance	finance	PROPN
ajrhss-2840	71	57	and	and	CCONJ
ajrhss-2840	71	58	the	the	DET
ajrhss-2840	71	59	economic	economic	ADJ
ajrhss-2840	71	60	crimes	crime	NOUN
ajrhss-2840	71	61	department	department	NOUN
ajrhss-2840	71	62	of	of	ADP
ajrhss-2840	71	63	the	the	DET
ajrhss-2840	71	64	prosecutor	prosecutor	NOUN
ajrhss-2840	71	65	general	general	NOUN
ajrhss-2840	71	66	's	's	PART
ajrhss-2840	71	67	office	office	NOUN
ajrhss-2840	71	68	of	of	ADP
ajrhss-2840	71	69	the	the	DET
ajrhss-2840	71	70	republic	republic	NOUN
ajrhss-2840	71	71	of	of	ADP
ajrhss-2840	71	72	uzbekistan	uzbekistan	PROPN
ajrhss-2840	71	73	dated	date	VERB
ajrhss-2840	71	74	june	june	PROPN
ajrhss-2840	71	75	26	26	NUM
ajrhss-2840	71	76	,	,	PUNCT
ajrhss-2840	71	77	2021	2021	NUM
ajrhss-2840	71	78	,	,	PUNCT
ajrhss-2840	71	79	regarding	regard	VERB
ajrhss-2840	71	80	amendments	amendment	NOUN
ajrhss-2840	71	81	and	and	CCONJ
ajrhss-2840	71	82	additions	addition	NOUN
ajrhss-2840	71	83	to	to	ADP
ajrhss-2840	71	84	the	the	DET
ajrhss-2840	71	85	internal	internal	ADJ
ajrhss-2840	71	86	control	control	NOUN
ajrhss-2840	71	87	regulations	regulation	NOUN
ajrhss-2840	71	88	for	for	ADP
ajrhss-2840	71	89	securities	security	NOUN
ajrhss-2840	71	90	market	market	NOUN
ajrhss-2840	71	91	participants	participant	NOUN
ajrhss-2840	71	92	to	to	PART
ajrhss-2840	71	93	combat	combat	VERB
ajrhss-2840	71	94	money	money	NOUN
ajrhss-2840	71	95	laundering	laundering	NOUN
ajrhss-2840	71	96	,	,	PUNCT
ajrhss-2840	71	97	financing	financing	NOUN
ajrhss-2840	71	98	of	of	ADP
ajrhss-2840	71	99	terrorism	terrorism	NOUN
ajrhss-2840	71	100	,	,	PUNCT
ajrhss-2840	71	101	and	and	CCONJ
ajrhss-2840	71	102	the	the	DET
ajrhss-2840	71	103	spread	spread	NOUN
ajrhss-2840	71	104	of	of	ADP
ajrhss-2840	71	105	weapons	weapon	NOUN
ajrhss-2840	71	106	of	of	ADP
ajrhss-2840	71	107	mass	mass	ADJ
ajrhss-2840	71	108	destruction	destruction	NOUN
ajrhss-2840	71	109	,	,	PUNCT
ajrhss-2840	71	110	and	and	CCONJ
ajrhss-2840	71	111	the	the	DET
ajrhss-2840	71	112	decision	decision	NOUN
ajrhss-2840	71	113	of	of	ADP
ajrhss-2840	71	114	the	the	DET
ajrhss-2840	71	115	cabinet	cabinet	NOUN
ajrhss-2840	71	116	of	of	ADP
ajrhss-2840	71	117	ministers	minister	NOUN
ajrhss-2840	71	118	of	of	ADP
ajrhss-2840	71	119	the	the	DET
ajrhss-2840	71	120	republic	republic	NOUN
ajrhss-2840	71	121	of	of	ADP
ajrhss-2840	71	122	uzbekistan	uzbekistan	PROPN
ajrhss-2840	71	123	dated	date	VERB
ajrhss-2840	71	124	april	april	PROPN
ajrhss-2840	71	125	26	26	NUM
ajrhss-2840	71	126	,	,	PUNCT
ajrhss-2840	71	127	2024	2024	NUM
ajrhss-2840	71	128	,	,	PUNCT
ajrhss-2840	71	129	on	on	ADP
ajrhss-2840	71	130	approving	approve	VERB
ajrhss-2840	71	131	the	the	DET
ajrhss-2840	71	132	"	"	PUNCT
ajrhss-2840	71	133	regulation	regulation	NOUN
ajrhss-2840	71	134	on	on	ADP
ajrhss-2840	71	135	the	the	DET
ajrhss-2840	71	136	digital	digital	ADJ
ajrhss-2840	71	137	identification	identification	NOUN
ajrhss-2840	71	138	of	of	ADP
ajrhss-2840	71	139	clients	client	NOUN
ajrhss-2840	71	140	in	in	ADP
ajrhss-2840	71	141	the	the	DET
ajrhss-2840	71	142	securities	security	NOUN
ajrhss-2840	71	143	market	market	NOUN
ajrhss-2840	71	144	"	"	PUNCT
ajrhss-2840	71	145	the	the	DET
ajrhss-2840	71	146	following	follow	VERB
ajrhss-2840	71	147	conclusions	conclusion	NOUN
ajrhss-2840	71	148	were	be	AUX
ajrhss-2840	71	149	drawn	draw	VERB
ajrhss-2840	71	150	.	.	PUNCT
ajrhss-2840	72	1	the	the	DET
ajrhss-2840	72	2	internal	internal	ADJ
ajrhss-2840	72	3	control	control	NOUN
ajrhss-2840	72	4	mechanisms	mechanism	NOUN
ajrhss-2840	72	5	were	be	AUX
ajrhss-2840	72	6	significantly	significantly	ADV
ajrhss-2840	72	7	strengthened	strengthen	VERB
ajrhss-2840	72	8	.	.	PUNCT
ajrhss-2840	73	1	in	in	ADP
ajrhss-2840	73	2	2021	2021	NUM
ajrhss-2840	73	3	,	,	PUNCT
ajrhss-2840	73	4	mechanisms	mechanism	NOUN
ajrhss-2840	73	5	for	for	ADP
ajrhss-2840	73	6	monitoring	monitor	VERB
ajrhss-2840	73	7	operations	operation	NOUN
ajrhss-2840	73	8	of	of	ADP
ajrhss-2840	73	9	senior	senior	ADJ
ajrhss-2840	73	10	officials	official	NOUN
ajrhss-2840	73	11	and	and	CCONJ
ajrhss-2840	73	12	a	a	DET
ajrhss-2840	73	13	30	30	NUM
ajrhss-2840	73	14	-	-	PUNCT
ajrhss-2840	73	15	day	day	NOUN
ajrhss-2840	73	16	suspension	suspension	NOUN
ajrhss-2840	73	17	were	be	AUX
ajrhss-2840	73	18	introduced	introduce	VERB
ajrhss-2840	73	19	.	.	PUNCT
ajrhss-2840	74	1	these	these	DET
ajrhss-2840	74	2	changes	change	NOUN
ajrhss-2840	74	3	align	align	VERB
ajrhss-2840	74	4	with	with	ADP
ajrhss-2840	74	5	fatf	fatf	NOUN
ajrhss-2840	74	6	standards	standard	NOUN
ajrhss-2840	74	7	and	and	CCONJ
ajrhss-2840	74	8	enhanced	enhance	VERB
ajrhss-2840	74	9	the	the	DET
ajrhss-2840	74	10	security	security	NOUN
ajrhss-2840	74	11	level	level	NOUN
ajrhss-2840	74	12	of	of	ADP
ajrhss-2840	74	13	the	the	DET
ajrhss-2840	74	14	market	market	NOUN
ajrhss-2840	74	15	.	.	PUNCT
ajrhss-2840	75	1	with	with	ADP
ajrhss-2840	75	2	the	the	DET
ajrhss-2840	75	3	2024	2024	NUM
ajrhss-2840	75	4	decision	decision	NOUN
ajrhss-2840	75	5	,	,	PUNCT
ajrhss-2840	75	6	the	the	DET
ajrhss-2840	75	7	digital	digital	ADJ
ajrhss-2840	75	8	identification	identification	NOUN
ajrhss-2840	75	9	system	system	NOUN
ajrhss-2840	75	10	was	be	AUX
ajrhss-2840	75	11	implemented	implement	VERB
ajrhss-2840	75	12	,	,	PUNCT
ajrhss-2840	75	13	enabling	enable	VERB
ajrhss-2840	75	14	remote	remote	ADJ
ajrhss-2840	75	15	account	account	NOUN
ajrhss-2840	75	16	opening	opening	NOUN
ajrhss-2840	75	17	and	and	CCONJ
ajrhss-2840	75	18	contract	contract	NOUN
ajrhss-2840	75	19	validation	validation	NOUN
ajrhss-2840	75	20	based	base	VERB
ajrhss-2840	75	21	on	on	ADP
ajrhss-2840	75	22	kyc	kyc	PROPN
ajrhss-2840	75	23	and	and	CCONJ
ajrhss-2840	75	24	aml	aml	PROPN
ajrhss-2840	75	25	/	/	SYM
ajrhss-2840	75	26	cft	cft	NOUN
ajrhss-2840	75	27	requirements	requirement	NOUN
ajrhss-2840	75	28	.	.	PUNCT
ajrhss-2840	76	1	this	this	PRON
ajrhss-2840	76	2	provided	provide	VERB
ajrhss-2840	76	3	convenience	convenience	NOUN
ajrhss-2840	76	4	for	for	ADP
ajrhss-2840	76	5	investors	investor	NOUN
ajrhss-2840	76	6	and	and	CCONJ
ajrhss-2840	76	7	strengthened	strengthen	VERB
ajrhss-2840	76	8	the	the	DET
ajrhss-2840	76	9	market	market	NOUN
ajrhss-2840	76	10	's	's	PART
ajrhss-2840	76	11	international	international	ADJ
ajrhss-2840	76	12	integration	integration	NOUN
ajrhss-2840	76	13	.	.	PUNCT
ajrhss-2840	77	1	the	the	DET
ajrhss-2840	77	2	2023	2023	NUM
ajrhss-2840	77	3	report	report	NOUN
ajrhss-2840	77	4	of	of	ADP
ajrhss-2840	77	5	the	the	DET
ajrhss-2840	77	6	"	"	PUNCT
ajrhss-2840	77	7	tashkent	tashkent	ADJ
ajrhss-2840	77	8	"	"	PUNCT
ajrhss-2840	77	9	stock	stock	NOUN
ajrhss-2840	77	10	exchange	exchange	NOUN
ajrhss-2840	77	11	confirmed	confirm	VERB
ajrhss-2840	77	12	the	the	DET
ajrhss-2840	77	13	growth	growth	NOUN
ajrhss-2840	77	14	of	of	ADP
ajrhss-2840	77	15	trading	trading	NOUN
ajrhss-2840	77	16	volume	volume	NOUN
ajrhss-2840	77	17	and	and	CCONJ
ajrhss-2840	77	18	the	the	DET
ajrhss-2840	77	19	expansion	expansion	NOUN
ajrhss-2840	77	20	of	of	ADP
ajrhss-2840	77	21	international	international	ADJ
ajrhss-2840	77	22	cooperation	cooperation	NOUN
ajrhss-2840	77	23	,	,	PUNCT
ajrhss-2840	77	24	reflecting	reflect	VERB
ajrhss-2840	77	25	the	the	DET
ajrhss-2840	77	26	practical	practical	ADJ
ajrhss-2840	77	27	results	result	NOUN
ajrhss-2840	77	28	of	of	ADP
ajrhss-2840	77	29	regulatory	regulatory	ADJ
ajrhss-2840	77	30	reforms	reform	NOUN
ajrhss-2840	77	31	.	.	PUNCT
ajrhss-2840	78	1	however	however	ADV
ajrhss-2840	78	2	,	,	PUNCT
ajrhss-2840	78	3	market	market	NOUN
ajrhss-2840	78	4	liquidity	liquidity	NOUN
ajrhss-2840	78	5	and	and	CCONJ
ajrhss-2840	78	6	investor	investor	NOUN
ajrhss-2840	78	7	activity	activity	NOUN
ajrhss-2840	78	8	remain	remain	VERB
ajrhss-2840	78	9	limited	limited	ADJ
ajrhss-2840	78	10	,	,	PUNCT
ajrhss-2840	78	11	which	which	PRON
ajrhss-2840	78	12	is	be	AUX
ajrhss-2840	78	13	associated	associate	VERB
ajrhss-2840	78	14	with	with	ADP
ajrhss-2840	78	15	insufficient	insufficient	ADJ
ajrhss-2840	78	16	technological	technological	ADJ
ajrhss-2840	78	17	infrastructure	infrastructure	NOUN
ajrhss-2840	78	18	and	and	CCONJ
ajrhss-2840	78	19	financial	financial	ADJ
ajrhss-2840	78	20	literacy	literacy	NOUN
ajrhss-2840	78	21	development	development	NOUN
ajrhss-2840	78	22	.	.	PUNCT
ajrhss-2840	79	1	these	these	DET
ajrhss-2840	79	2	results	result	NOUN
ajrhss-2840	79	3	demonstrate	demonstrate	VERB
ajrhss-2840	79	4	that	that	SCONJ
ajrhss-2840	79	5	uzbekistan	uzbekistan	PROPN
ajrhss-2840	79	6	's	's	PART
ajrhss-2840	79	7	securities	security	NOUN
ajrhss-2840	79	8	market	market	NOUN
ajrhss-2840	79	9	has	have	AUX
ajrhss-2840	79	10	made	make	VERB
ajrhss-2840	79	11	significant	significant	ADJ
ajrhss-2840	79	12	strides	stride	NOUN
ajrhss-2840	79	13	in	in	ADP
ajrhss-2840	79	14	terms	term	NOUN
ajrhss-2840	79	15	of	of	ADP
ajrhss-2840	79	16	transparency	transparency	NOUN
ajrhss-2840	79	17	,	,	PUNCT
ajrhss-2840	79	18	security	security	NOUN
ajrhss-2840	79	19	,	,	PUNCT
ajrhss-2840	79	20	and	and	CCONJ
ajrhss-2840	79	21	alignment	alignment	NOUN
ajrhss-2840	79	22	with	with	ADP
ajrhss-2840	79	23	international	international	ADJ
ajrhss-2840	79	24	standards	standard	NOUN
ajrhss-2840	79	25	.	.	PUNCT
ajrhss-2840	80	1	digitization	digitization	NOUN
ajrhss-2840	80	2	has	have	AUX
ajrhss-2840	80	3	opened	open	VERB
ajrhss-2840	80	4	new	new	ADJ
ajrhss-2840	80	5	opportunities	opportunity	NOUN
ajrhss-2840	80	6	for	for	ADP
ajrhss-2840	80	7	investors	investor	NOUN
ajrhss-2840	80	8	,	,	PUNCT
ajrhss-2840	80	9	but	but	CCONJ
ajrhss-2840	80	10	its	its	PRON
ajrhss-2840	80	11	full	full	ADJ
ajrhss-2840	80	12	impact	impact	NOUN
ajrhss-2840	80	13	depends	depend	VERB
ajrhss-2840	80	14	on	on	ADP
ajrhss-2840	80	15	technological	technological	ADJ
ajrhss-2840	80	16	capabilities	capability	NOUN
ajrhss-2840	80	17	and	and	CCONJ
ajrhss-2840	80	18	the	the	DET
ajrhss-2840	80	19	digital	digital	ADJ
ajrhss-2840	80	20	experience	experience	NOUN
ajrhss-2840	80	21	of	of	ADP
ajrhss-2840	80	22	the	the	DET
ajrhss-2840	80	23	population	population	NOUN
ajrhss-2840	80	24	.	.	PUNCT
ajrhss-2840	81	1	international	international	ADJ
ajrhss-2840	81	2	experience	experience	NOUN
ajrhss-2840	81	3	,	,	PUNCT
ajrhss-2840	81	4	such	such	ADJ
ajrhss-2840	81	5	as	as	ADP
ajrhss-2840	81	6	india	india	PROPN
ajrhss-2840	81	7	's	's	PART
ajrhss-2840	81	8	nse	nse	NOUN
ajrhss-2840	81	9	platform	platform	NOUN
ajrhss-2840	81	10	(	(	PUNCT
ajrhss-2840	81	11	sebi	sebi	NOUN
ajrhss-2840	81	12	,	,	PUNCT
ajrhss-2840	81	13	2023	2023	NUM
ajrhss-2840	81	14	)	)	PUNCT
ajrhss-2840	81	15	,	,	PUNCT
ajrhss-2840	81	16	has	have	AUX
ajrhss-2840	81	17	shown	show	VERB
ajrhss-2840	81	18	that	that	SCONJ
ajrhss-2840	81	19	digitization	digitization	NOUN
ajrhss-2840	81	20	can	can	AUX
ajrhss-2840	81	21	sharply	sharply	ADV
ajrhss-2840	81	22	increase	increase	VERB
ajrhss-2840	81	23	the	the	DET
ajrhss-2840	81	24	number	number	NOUN
ajrhss-2840	81	25	of	of	ADP
ajrhss-2840	81	26	investors	investor	NOUN
ajrhss-2840	81	27	,	,	PUNCT
ajrhss-2840	81	28	but	but	CCONJ
ajrhss-2840	81	29	in	in	ADP
ajrhss-2840	81	30	uzbekistan	uzbekistan	PROPN
ajrhss-2840	81	31	,	,	PUNCT
ajrhss-2840	81	32	this	this	DET
ajrhss-2840	81	33	process	process	NOUN
ajrhss-2840	81	34	is	be	AUX
ajrhss-2840	81	35	still	still	ADV
ajrhss-2840	81	36	in	in	ADP
ajrhss-2840	81	37	its	its	PRON
ajrhss-2840	81	38	early	early	ADJ
ajrhss-2840	81	39	stages	stage	NOUN
ajrhss-2840	81	40	.	.	PUNCT
ajrhss-2840	82	1	at	at	ADP
ajrhss-2840	82	2	the	the	DET
ajrhss-2840	82	3	same	same	ADJ
ajrhss-2840	82	4	time	time	NOUN
ajrhss-2840	82	5	,	,	PUNCT
ajrhss-2840	82	6	the	the	DET
ajrhss-2840	82	7	strengthening	strengthening	NOUN
ajrhss-2840	82	8	of	of	ADP
ajrhss-2840	82	9	internal	internal	ADJ
ajrhss-2840	82	10	controls	control	NOUN
ajrhss-2840	82	11	has	have	AUX
ajrhss-2840	82	12	increased	increase	VERB
ajrhss-2840	82	13	the	the	DET
ajrhss-2840	82	14	accountability	accountability	NOUN
ajrhss-2840	82	15	of	of	ADP
ajrhss-2840	82	16	market	market	NOUN
ajrhss-2840	82	17	participants	participant	NOUN
ajrhss-2840	82	18	,	,	PUNCT
ajrhss-2840	82	19	though	though	SCONJ
ajrhss-2840	82	20	its	its	PRON
ajrhss-2840	82	21	economic	economic	ADJ
ajrhss-2840	82	22	effectiveness	effectiveness	NOUN
ajrhss-2840	82	23	will	will	AUX
ajrhss-2840	82	24	require	require	VERB
ajrhss-2840	82	25	long	long	ADJ
ajrhss-2840	82	26	-	-	PUNCT
ajrhss-2840	82	27	term	term	NOUN
ajrhss-2840	82	28	monitoring	monitoring	NOUN
ajrhss-2840	82	29	.	.	PUNCT
ajrhss-2840	83	1	development	development	NOUN
ajrhss-2840	83	2	of	of	ADP
ajrhss-2840	83	3	technological	technological	ADJ
ajrhss-2840	83	4	infrastructure	infrastructure	NOUN
ajrhss-2840	83	5	:	:	PUNCT
ajrhss-2840	83	6	to	to	PART
ajrhss-2840	83	7	ensure	ensure	VERB
ajrhss-2840	83	8	the	the	DET
ajrhss-2840	83	9	widespread	widespread	ADJ
ajrhss-2840	83	10	use	use	NOUN
ajrhss-2840	83	11	of	of	ADP
ajrhss-2840	83	12	the	the	DET
ajrhss-2840	83	13	digital	digital	ADJ
ajrhss-2840	83	14	identification	identification	NOUN
ajrhss-2840	83	15	system	system	NOUN
ajrhss-2840	83	16	,	,	PUNCT
ajrhss-2840	83	17	it	it	PRON
ajrhss-2840	83	18	is	be	AUX
ajrhss-2840	83	19	necessary	necessary	ADJ
ajrhss-2840	83	20	to	to	PART
ajrhss-2840	83	21	modernize	modernize	VERB
ajrhss-2840	83	22	internet	internet	NOUN
ajrhss-2840	83	23	infrastructure	infrastructure	NOUN
ajrhss-2840	83	24	and	and	CCONJ
ajrhss-2840	83	25	server	server	NOUN
ajrhss-2840	83	26	capacities	capacity	NOUN
ajrhss-2840	83	27	.	.	PUNCT
ajrhss-2840	84	1	this	this	PRON
ajrhss-2840	84	2	will	will	AUX
ajrhss-2840	84	3	help	help	VERB
ajrhss-2840	84	4	attract	attract	VERB
ajrhss-2840	84	5	american	american	ADJ
ajrhss-2840	84	6	journal	journal	PROPN
ajrhss-2840	84	7	of	of	ADP
ajrhss-2840	84	8	business	business	NOUN
ajrhss-2840	84	9	management	management	NOUN
ajrhss-2840	84	10	,	,	PUNCT
ajrhss-2840	84	11	economics	economic	NOUN
ajrhss-2840	84	12	and	and	CCONJ
ajrhss-2840	84	13	banking	banking	NOUN
ajrhss-2840	84	14	volume	volume	NOUN
ajrhss-2840	84	15	35	35	NUM
ajrhss-2840	84	16	april	april	PROPN
ajrhss-2840	84	17	2025	2025	NUM
ajrhss-2840	85	1	p	p	NOUN
ajrhss-2840	85	2	a	a	DET
ajrhss-2840	85	3	g	g	NOUN
ajrhss-2840	85	4	e	e	NOUN
ajrhss-2840	85	5	|	|	ADV
ajrhss-2840	85	6	23	23	NUM
ajrhss-2840	85	7	www.americanjournal.org	www.americanjournal.org	PROPN
ajrhss-2840	85	8	international	international	ADJ
ajrhss-2840	85	9	investors	investor	NOUN
ajrhss-2840	85	10	and	and	CCONJ
ajrhss-2840	85	11	increase	increase	VERB
ajrhss-2840	85	12	market	market	NOUN
ajrhss-2840	85	13	liquidity	liquidity	NOUN
ajrhss-2840	85	14	.	.	PUNCT
ajrhss-2840	86	1	increasing	increase	VERB
ajrhss-2840	86	2	financial	financial	ADJ
ajrhss-2840	86	3	literacy	literacy	NOUN
ajrhss-2840	86	4	of	of	ADP
ajrhss-2840	86	5	the	the	DET
ajrhss-2840	86	6	population	population	NOUN
ajrhss-2840	86	7	:	:	PUNCT
ajrhss-2840	86	8	the	the	DET
ajrhss-2840	86	9	government	government	NOUN
ajrhss-2840	86	10	and	and	CCONJ
ajrhss-2840	86	11	the	the	DET
ajrhss-2840	86	12	stock	stock	NOUN
ajrhss-2840	86	13	exchange	exchange	NOUN
ajrhss-2840	86	14	should	should	AUX
ajrhss-2840	86	15	organize	organize	VERB
ajrhss-2840	86	16	public	public	ADJ
ajrhss-2840	86	17	education	education	NOUN
ajrhss-2840	86	18	programs	program	NOUN
ajrhss-2840	86	19	.	.	PUNCT
ajrhss-2840	87	1	for	for	ADP
ajrhss-2840	87	2	instance	instance	NOUN
ajrhss-2840	87	3	,	,	PUNCT
ajrhss-2840	87	4	free	free	ADJ
ajrhss-2840	87	5	courses	course	NOUN
ajrhss-2840	87	6	on	on	ADP
ajrhss-2840	87	7	securities	security	NOUN
ajrhss-2840	87	8	trading	trading	NOUN
ajrhss-2840	87	9	could	could	AUX
ajrhss-2840	87	10	increase	increase	VERB
ajrhss-2840	87	11	the	the	DET
ajrhss-2840	87	12	number	number	NOUN
ajrhss-2840	87	13	of	of	ADP
ajrhss-2840	87	14	investors	investor	NOUN
ajrhss-2840	87	15	.	.	PUNCT
ajrhss-2840	88	1	wider	wide	ADJ
ajrhss-2840	88	2	implementation	implementation	NOUN
ajrhss-2840	88	3	of	of	ADP
ajrhss-2840	88	4	international	international	ADJ
ajrhss-2840	88	5	experience	experience	NOUN
ajrhss-2840	88	6	:	:	PUNCT
ajrhss-2840	88	7	drawing	draw	VERB
ajrhss-2840	88	8	on	on	ADP
ajrhss-2840	88	9	the	the	DET
ajrhss-2840	88	10	experiences	experience	NOUN
ajrhss-2840	88	11	of	of	ADP
ajrhss-2840	88	12	digital	digital	ADJ
ajrhss-2840	88	13	platforms	platform	NOUN
ajrhss-2840	88	14	in	in	ADP
ajrhss-2840	88	15	india	india	PROPN
ajrhss-2840	88	16	or	or	CCONJ
ajrhss-2840	88	17	the	the	DET
ajrhss-2840	88	18	european	european	PROPN
ajrhss-2840	88	19	union	union	PROPN
ajrhss-2840	88	20	(	(	PUNCT
ajrhss-2840	88	21	nse	nse	NOUN
ajrhss-2840	88	22	,	,	PUNCT
ajrhss-2840	88	23	mifid	mifid	ADJ
ajrhss-2840	88	24	ii	ii	NOUN
ajrhss-2840	88	25	)	)	PUNCT
ajrhss-2840	88	26	,	,	PUNCT
ajrhss-2840	88	27	uzbekistan	uzbekistan	PROPN
ajrhss-2840	88	28	should	should	AUX
ajrhss-2840	88	29	develop	develop	VERB
ajrhss-2840	88	30	real	real	ADJ
ajrhss-2840	88	31	-	-	PUNCT
ajrhss-2840	88	32	time	time	NOUN
ajrhss-2840	88	33	trading	trading	NOUN
ajrhss-2840	88	34	systems	system	NOUN
ajrhss-2840	88	35	and	and	CCONJ
ajrhss-2840	88	36	data	datum	NOUN
ajrhss-2840	88	37	exchange	exchange	NOUN
ajrhss-2840	88	38	mechanisms	mechanism	NOUN
ajrhss-2840	88	39	.	.	PUNCT
ajrhss-2840	89	1	strengthening	strengthen	VERB
ajrhss-2840	89	2	monitoring	monitoring	NOUN
ajrhss-2840	89	3	and	and	CCONJ
ajrhss-2840	89	4	evaluation	evaluation	NOUN
ajrhss-2840	89	5	:	:	PUNCT
ajrhss-2840	89	6	it	it	PRON
ajrhss-2840	89	7	is	be	AUX
ajrhss-2840	89	8	recommended	recommend	VERB
ajrhss-2840	89	9	to	to	PART
ajrhss-2840	89	10	create	create	VERB
ajrhss-2840	89	11	a	a	DET
ajrhss-2840	89	12	specialized	specialized	ADJ
ajrhss-2840	89	13	statistical	statistical	ADJ
ajrhss-2840	89	14	database	database	NOUN
ajrhss-2840	89	15	to	to	PART
ajrhss-2840	89	16	regularly	regularly	ADV
ajrhss-2840	89	17	analyze	analyze	VERB
ajrhss-2840	89	18	the	the	DET
ajrhss-2840	89	19	impact	impact	NOUN
ajrhss-2840	89	20	of	of	ADP
ajrhss-2840	89	21	internal	internal	ADJ
ajrhss-2840	89	22	controls	control	NOUN
ajrhss-2840	89	23	and	and	CCONJ
ajrhss-2840	89	24	digitization	digitization	NOUN
ajrhss-2840	89	25	on	on	ADP
ajrhss-2840	89	26	market	market	NOUN
ajrhss-2840	89	27	activity	activity	NOUN
ajrhss-2840	89	28	.	.	PUNCT
ajrhss-2840	90	1	this	this	PRON
ajrhss-2840	90	2	will	will	AUX
ajrhss-2840	90	3	help	help	VERB
ajrhss-2840	90	4	substantiate	substantiate	VERB
ajrhss-2840	90	5	future	future	ADJ
ajrhss-2840	90	6	policy	policy	NOUN
ajrhss-2840	90	7	decisions	decision	NOUN
ajrhss-2840	90	8	.	.	PUNCT
ajrhss-2840	91	1	enhancing	enhance	VERB
ajrhss-2840	91	2	staff	staff	NOUN
ajrhss-2840	91	3	qualifications	qualification	NOUN
ajrhss-2840	91	4	:	:	PUNCT
ajrhss-2840	91	5	regular	regular	ADJ
ajrhss-2840	91	6	training	training	NOUN
ajrhss-2840	91	7	for	for	ADP
ajrhss-2840	91	8	professional	professional	ADJ
ajrhss-2840	91	9	participants	participant	NOUN
ajrhss-2840	91	10	and	and	CCONJ
ajrhss-2840	91	11	regulators	regulator	NOUN
ajrhss-2840	91	12	based	base	VERB
ajrhss-2840	91	13	on	on	ADP
ajrhss-2840	91	14	international	international	ADJ
ajrhss-2840	91	15	standards	standard	NOUN
ajrhss-2840	91	16	(	(	PUNCT
ajrhss-2840	91	17	fatf	fatf	NOUN
ajrhss-2840	91	18	,	,	PUNCT
ajrhss-2840	91	19	iosco	iosco	NOUN
ajrhss-2840	91	20	)	)	PUNCT
ajrhss-2840	91	21	will	will	AUX
ajrhss-2840	91	22	ensure	ensure	VERB
ajrhss-2840	91	23	quality	quality	NOUN
ajrhss-2840	91	24	market	market	NOUN
ajrhss-2840	91	25	governance	governance	NOUN
ajrhss-2840	91	26	.	.	PUNCT
ajrhss-2840	92	1	these	these	DET
ajrhss-2840	92	2	recommendations	recommendation	NOUN
ajrhss-2840	92	3	will	will	AUX
ajrhss-2840	92	4	support	support	VERB
ajrhss-2840	92	5	the	the	DET
ajrhss-2840	92	6	future	future	ADJ
ajrhss-2840	92	7	development	development	NOUN
ajrhss-2840	92	8	of	of	ADP
ajrhss-2840	92	9	uzbekistan	uzbekistan	PROPN
ajrhss-2840	92	10	's	's	PART
ajrhss-2840	92	11	securities	security	NOUN
ajrhss-2840	92	12	market	market	NOUN
ajrhss-2840	92	13	.	.	PUNCT
ajrhss-2840	93	1	the	the	DET
ajrhss-2840	93	2	research	research	NOUN
ajrhss-2840	93	3	findings	finding	NOUN
ajrhss-2840	93	4	and	and	CCONJ
ajrhss-2840	93	5	proposals	proposal	NOUN
ajrhss-2840	93	6	can	can	AUX
ajrhss-2840	93	7	serve	serve	VERB
ajrhss-2840	93	8	as	as	ADP
ajrhss-2840	93	9	a	a	DET
ajrhss-2840	93	10	foundation	foundation	NOUN
ajrhss-2840	93	11	not	not	PART
ajrhss-2840	93	12	only	only	ADV
ajrhss-2840	93	13	for	for	ADP
ajrhss-2840	93	14	local	local	ADJ
ajrhss-2840	93	15	policy	policy	NOUN
ajrhss-2840	93	16	development	development	NOUN
ajrhss-2840	93	17	but	but	CCONJ
ajrhss-2840	93	18	also	also	ADV
ajrhss-2840	93	19	for	for	ADP
ajrhss-2840	93	20	future	future	ADJ
ajrhss-2840	93	21	academic	academic	ADJ
ajrhss-2840	93	22	work	work	NOUN
ajrhss-2840	93	23	studying	study	VERB
ajrhss-2840	93	24	market	market	NOUN
ajrhss-2840	93	25	modernization	modernization	NOUN
ajrhss-2840	93	26	in	in	ADP
ajrhss-2840	93	27	developing	develop	VERB
ajrhss-2840	93	28	countries	country	NOUN
ajrhss-2840	93	29	.	.	PUNCT
ajrhss-2840	94	1	the	the	DET
ajrhss-2840	94	2	long	long	ADJ
ajrhss-2840	94	3	-	-	PUNCT
ajrhss-2840	94	4	term	term	NOUN
ajrhss-2840	94	5	stability	stability	NOUN
ajrhss-2840	94	6	and	and	CCONJ
ajrhss-2840	94	7	competitiveness	competitiveness	NOUN
ajrhss-2840	94	8	of	of	ADP
ajrhss-2840	94	9	the	the	DET
ajrhss-2840	94	10	market	market	NOUN
ajrhss-2840	94	11	will	will	AUX
ajrhss-2840	94	12	depend	depend	VERB
ajrhss-2840	94	13	on	on	ADP
ajrhss-2840	94	14	the	the	DET
ajrhss-2840	94	15	comprehensive	comprehensive	ADJ
ajrhss-2840	94	16	implementation	implementation	NOUN
ajrhss-2840	94	17	of	of	ADP
ajrhss-2840	94	18	the	the	DET
ajrhss-2840	94	19	measures	measure	NOUN
ajrhss-2840	94	20	outlined	outline	VERB
ajrhss-2840	94	21	above	above	ADV
ajrhss-2840	94	22	.	.	PUNCT
ajrhss-2840	95	1	references	reference	NOUN
ajrhss-2840	95	2	1	1	NUM
ajrhss-2840	95	3	.	.	PUNCT
ajrhss-2840	96	1	cabinet	cabinet	NOUN
ajrhss-2840	96	2	of	of	ADP
ajrhss-2840	96	3	ministers	minister	NOUN
ajrhss-2840	96	4	of	of	ADP
ajrhss-2840	96	5	the	the	DET
ajrhss-2840	96	6	republic	republic	NOUN
ajrhss-2840	96	7	of	of	ADP
ajrhss-2840	96	8	uzbekistan	uzbekistan	PROPN
ajrhss-2840	96	9	.	.	PUNCT
ajrhss-2840	97	1	resolution	resolution	NOUN
ajrhss-2840	97	2	on	on	ADP
ajrhss-2840	97	3	the	the	DET
ajrhss-2840	97	4	approval	approval	NOUN
ajrhss-2840	97	5	of	of	ADP
ajrhss-2840	97	6	the	the	DET
ajrhss-2840	97	7	procedure	procedure	NOUN
ajrhss-2840	97	8	for	for	ADP
ajrhss-2840	97	9	remote	remote	ADJ
ajrhss-2840	97	10	digital	digital	ADJ
ajrhss-2840	97	11	identification	identification	NOUN
ajrhss-2840	97	12	of	of	ADP
ajrhss-2840	97	13	clients	client	NOUN
ajrhss-2840	97	14	in	in	ADP
ajrhss-2840	97	15	the	the	DET
ajrhss-2840	97	16	securities	security	NOUN
ajrhss-2840	97	17	market	market	NOUN
ajrhss-2840	97	18	(	(	PUNCT
ajrhss-2840	97	19	no	no	INTJ
ajrhss-2840	97	20	.	.	NOUN
ajrhss-2840	97	21	238	238	NUM
ajrhss-2840	97	22	,	,	PUNCT
ajrhss-2840	97	23	april	april	PROPN
ajrhss-2840	97	24	27	27	NUM
ajrhss-2840	97	25	,	,	PUNCT
ajrhss-2840	97	26	2024	2024	NUM
ajrhss-2840	97	27	)	)	PUNCT
ajrhss-2840	97	28	.	.	PUNCT
ajrhss-2840	98	1	national	national	ADJ
ajrhss-2840	98	2	legislation	legislation	NOUN
ajrhss-2840	98	3	database	database	NOUN
ajrhss-2840	98	4	,	,	PUNCT
ajrhss-2840	98	5	09/24/238/0304	09/24/238/0304	NUM
ajrhss-2840	98	6	.	.	NOUN
ajrhss-2840	99	1	2	2	NUM
ajrhss-2840	99	2	.	.	X
ajrhss-2840	99	3	"	"	PUNCT
ajrhss-2840	99	4	tashkent	tashkent	ADJ
ajrhss-2840	99	5	"	"	PUNCT
ajrhss-2840	99	6	republic	republic	NOUN
ajrhss-2840	99	7	stock	stock	PROPN
ajrhss-2840	99	8	exchange	exchange	PROPN
ajrhss-2840	99	9	.	.	PUNCT
ajrhss-2840	100	1	stock	stock	NOUN
ajrhss-2840	100	2	market	market	NOUN
ajrhss-2840	100	3	analysis	analysis	NOUN
ajrhss-2840	100	4	report	report	NOUN
ajrhss-2840	100	5	for	for	ADP
ajrhss-2840	100	6	2023	2023	NUM
ajrhss-2840	100	7	.	.	PUNCT
ajrhss-2840	101	1	tashkent	tashkent	PROPN
ajrhss-2840	101	2	:	:	PUNCT
ajrhss-2840	101	3	"	"	PUNCT
ajrhss-2840	101	4	tashkent	tashkent	ADJ
ajrhss-2840	101	5	"	"	PUNCT
ajrhss-2840	101	6	rfb	rfb	PROPN
ajrhss-2840	101	7	.	.	PROPN
ajrhss-2840	101	8	3	3	X
ajrhss-2840	101	9	.	.	PUNCT
ajrhss-2840	101	10	official	official	ADJ
ajrhss-2840	101	11	website	website	NOUN
ajrhss-2840	101	12	of	of	ADP
ajrhss-2840	101	13	the	the	DET
ajrhss-2840	101	14	"	"	PUNCT
ajrhss-2840	101	15	tashkent	tashkent	ADJ
ajrhss-2840	101	16	"	"	PUNCT
ajrhss-2840	101	17	republic	republic	NOUN
ajrhss-2840	101	18	stock	stock	PROPN
ajrhss-2840	101	19	exchange	exchange	PROPN
ajrhss-2840	101	20	:	:	PUNCT
ajrhss-2840	101	21	uzse.uz	uzse.uz	X
ajrhss-2840	101	22	4	4	X
ajrhss-2840	101	23	.	.	X
ajrhss-2840	101	24	european	european	PROPN
ajrhss-2840	101	25	commission	commission	PROPN
ajrhss-2840	101	26	.	.	PUNCT
ajrhss-2840	102	1	directive	directive	NOUN
ajrhss-2840	102	2	2014/65	2014/65	PROPN
ajrhss-2840	102	3	/	/	SYM
ajrhss-2840	102	4	eu	eu	PROPN
ajrhss-2840	102	5	(	(	PUNCT
ajrhss-2840	102	6	mifid	mifid	PROPN
ajrhss-2840	102	7	ii	ii	NOUN
ajrhss-2840	102	8	)	)	PUNCT
ajrhss-2840	102	9	on	on	ADP
ajrhss-2840	102	10	markets	market	NOUN
ajrhss-2840	102	11	in	in	ADP
ajrhss-2840	102	12	financial	financial	ADJ
ajrhss-2840	102	13	instruments	instrument	NOUN
ajrhss-2840	102	14	.	.	PUNCT
ajrhss-2840	103	1	official	official	ADJ
ajrhss-2840	103	2	journal	journal	NOUN
ajrhss-2840	103	3	of	of	ADP
ajrhss-2840	103	4	the	the	DET
ajrhss-2840	103	5	european	european	PROPN
ajrhss-2840	103	6	union	union	PROPN
ajrhss-2840	103	7	,	,	PUNCT
ajrhss-2840	103	8	l	l	PROPN
ajrhss-2840	103	9	173/349	173/349	NUM
ajrhss-2840	103	10	,	,	PUNCT
ajrhss-2840	103	11	2018	2018	NUM
ajrhss-2840	103	12	.	.	PUNCT
ajrhss-2840	104	1	5	5	X
ajrhss-2840	104	2	.	.	X
ajrhss-2840	104	3	fatf	fatf	NOUN
ajrhss-2840	104	4	(	(	PUNCT
ajrhss-2840	104	5	financial	financial	ADJ
ajrhss-2840	104	6	action	action	NOUN
ajrhss-2840	104	7	task	task	NOUN
ajrhss-2840	104	8	force	force	NOUN
ajrhss-2840	104	9	)	)	PUNCT
ajrhss-2840	104	10	.	.	PUNCT
ajrhss-2840	105	1	international	international	ADJ
ajrhss-2840	105	2	standards	standard	NOUN
ajrhss-2840	105	3	on	on	ADP
ajrhss-2840	105	4	combating	combat	VERB
ajrhss-2840	105	5	money	money	NOUN
ajrhss-2840	105	6	laundering	laundering	NOUN
ajrhss-2840	105	7	and	and	CCONJ
ajrhss-2840	105	8	the	the	DET
ajrhss-2840	105	9	financing	financing	NOUN
ajrhss-2840	105	10	of	of	ADP
ajrhss-2840	105	11	terrorism	terrorism	NOUN
ajrhss-2840	105	12	&	&	CCONJ
ajrhss-2840	105	13	proliferation	proliferation	NOUN
ajrhss-2840	105	14	:	:	PUNCT
ajrhss-2840	105	15	the	the	DET
ajrhss-2840	105	16	fatf	fatf	NOUN
ajrhss-2840	105	17	recommendations	recommendation	NOUN
ajrhss-2840	105	18	.	.	PUNCT
ajrhss-2840	106	1	paris	paris	PROPN
ajrhss-2840	106	2	:	:	PUNCT
ajrhss-2840	106	3	fatf	fatf	PROPN
ajrhss-2840	106	4	,	,	PUNCT
ajrhss-2840	106	5	2019	2019	NUM
ajrhss-2840	106	6	.	.	PUNCT
ajrhss-2840	107	1	6	6	NUM
ajrhss-2840	107	2	.	.	X
ajrhss-2840	107	3	iosco	iosco	NOUN
ajrhss-2840	107	4	(	(	PUNCT
ajrhss-2840	107	5	international	international	ADJ
ajrhss-2840	107	6	organization	organization	NOUN
ajrhss-2840	107	7	of	of	ADP
ajrhss-2840	107	8	securities	security	NOUN
ajrhss-2840	107	9	commissions	commission	NOUN
ajrhss-2840	107	10	)	)	PUNCT
ajrhss-2840	107	11	.	.	PUNCT
ajrhss-2840	108	1	principles	principle	NOUN
ajrhss-2840	108	2	for	for	ADP
ajrhss-2840	108	3	the	the	DET
ajrhss-2840	108	4	regulation	regulation	NOUN
ajrhss-2840	108	5	and	and	CCONJ
ajrhss-2840	108	6	supervision	supervision	NOUN
ajrhss-2840	108	7	of	of	ADP
ajrhss-2840	108	8	securities	security	NOUN
ajrhss-2840	108	9	markets	market	NOUN
ajrhss-2840	108	10	.	.	PUNCT
ajrhss-2840	109	1	madrid	madrid	PROPN
ajrhss-2840	109	2	:	:	PUNCT
ajrhss-2840	109	3	iosco	iosco	PROPN
ajrhss-2840	109	4	,	,	PUNCT
ajrhss-2840	109	5	2020	2020	NUM
ajrhss-2840	109	6	.	.	PUNCT
ajrhss-2840	110	1	7	7	X
ajrhss-2840	110	2	.	.	X
ajrhss-2840	110	3	la	la	PROPN
ajrhss-2840	110	4	porta	porta	PROPN
ajrhss-2840	110	5	,	,	PUNCT
ajrhss-2840	110	6	r.	r.	PROPN
ajrhss-2840	110	7	,	,	PUNCT
ajrhss-2840	110	8	lopez	lopez	NOUN
ajrhss-2840	110	9	-	-	PUNCT
ajrhss-2840	110	10	de	de	NOUN
ajrhss-2840	110	11	-	-	NOUN
ajrhss-2840	110	12	silanes	silanes	PROPN
ajrhss-2840	110	13	,	,	PUNCT
ajrhss-2840	110	14	f.	f.	PROPN
ajrhss-2840	110	15	,	,	PUNCT
ajrhss-2840	110	16	shleifer	shleifer	PROPN
ajrhss-2840	110	17	,	,	PUNCT
ajrhss-2840	110	18	a.	a.	PROPN
ajrhss-2840	110	19	,	,	PUNCT
ajrhss-2840	110	20	&	&	CCONJ
ajrhss-2840	110	21	vishny	vishny	PROPN
ajrhss-2840	110	22	,	,	PUNCT
ajrhss-2840	110	23	r.	r.	PROPN
ajrhss-2840	110	24	w.	w.	PROPN
ajrhss-2840	110	25	law	law	PROPN
ajrhss-2840	110	26	and	and	CCONJ
ajrhss-2840	110	27	finance	finance	NOUN
ajrhss-2840	110	28	.	.	PUNCT
ajrhss-2840	111	1	journal	journal	NOUN
ajrhss-2840	111	2	of	of	ADP
ajrhss-2840	111	3	political	political	ADJ
ajrhss-2840	111	4	economy	economy	NOUN
ajrhss-2840	111	5	,	,	PUNCT
ajrhss-2840	111	6	106(6	106(6	NUM
ajrhss-2840	111	7	)	)	PUNCT
ajrhss-2840	111	8	,	,	PUNCT
ajrhss-2840	111	9	1113	1113	NUM
ajrhss-2840	111	10	-	-	SYM
ajrhss-2840	111	11	1155	1155	NUM
ajrhss-2840	111	12	.	.	PUNCT
ajrhss-2840	112	1	8	8	X
ajrhss-2840	112	2	.	.	X
ajrhss-2840	112	3	levine	levine	PROPN
ajrhss-2840	112	4	,	,	PUNCT
ajrhss-2840	112	5	r.	r.	PROPN
ajrhss-2840	112	6	(	(	PUNCT
ajrhss-2840	112	7	1998	1998	NUM
ajrhss-2840	112	8	)	)	PUNCT
ajrhss-2840	112	9	.	.	PUNCT
ajrhss-2840	113	1	finance	finance	NOUN
ajrhss-2840	113	2	and	and	CCONJ
ajrhss-2840	113	3	growth	growth	NOUN
ajrhss-2840	113	4	:	:	PUNCT
ajrhss-2840	113	5	theory	theory	NOUN
ajrhss-2840	113	6	and	and	CCONJ
ajrhss-2840	113	7	evidence	evidence	NOUN
ajrhss-2840	113	8	.	.	PUNCT
ajrhss-2840	114	1	handbook	handbook	NOUN
ajrhss-2840	114	2	of	of	ADP
ajrhss-2840	114	3	economic	economic	ADJ
ajrhss-2840	114	4	growth	growth	NOUN
ajrhss-2840	114	5	,	,	PUNCT
ajrhss-2840	114	6	1	1	NUM
ajrhss-2840	114	7	,	,	PUNCT
ajrhss-2840	114	8	865	865	NUM
ajrhss-2840	114	9	-	-	NUM
ajrhss-2840	114	10	934	934	NUM
ajrhss-2840	114	11	.	.	PUNCT
ajrhss-2840	115	1	9	9	X
ajrhss-2840	115	2	.	.	X
ajrhss-2840	115	3	sebi	sebi	NOUN
ajrhss-2840	115	4	(	(	PUNCT
ajrhss-2840	115	5	securities	security	NOUN
ajrhss-2840	115	6	and	and	CCONJ
ajrhss-2840	115	7	exchange	exchange	PROPN
ajrhss-2840	115	8	board	board	PROPN
ajrhss-2840	115	9	of	of	ADP
ajrhss-2840	115	10	india	india	PROPN
ajrhss-2840	115	11	)	)	PUNCT
ajrhss-2840	115	12	.	.	PUNCT
ajrhss-2840	116	1	annual	annual	ADJ
ajrhss-2840	116	2	report	report	NOUN
ajrhss-2840	116	3	2022	2022	NUM
ajrhss-2840	116	4	-	-	SYM
ajrhss-2840	116	5	2023	2023	NUM
ajrhss-2840	116	6	.	.	PUNCT
ajrhss-2840	117	1	mumbai	mumbai	PROPN
ajrhss-2840	117	2	:	:	PUNCT
ajrhss-2840	117	3	sebi	sebi	NOUN
ajrhss-2840	117	4	,	,	PUNCT
ajrhss-2840	117	5	2023	2023	NUM
ajrhss-2840	117	6	.	.	PUNCT
ajrhss-2840	118	1	10	10	NUM
ajrhss-2840	118	2	.	.	PUNCT
ajrhss-2840	118	3	world	world	PROPN
ajrhss-2840	118	4	bank	bank	PROPN
ajrhss-2840	118	5	.	.	PUNCT
ajrhss-2840	119	1	capital	capital	NOUN
ajrhss-2840	119	2	markets	market	NOUN
ajrhss-2840	119	3	development	development	NOUN
ajrhss-2840	119	4	:	:	PUNCT
ajrhss-2840	119	5	trends	trend	NOUN
ajrhss-2840	119	6	and	and	CCONJ
ajrhss-2840	119	7	challenges	challenge	NOUN
ajrhss-2840	119	8	in	in	ADP
ajrhss-2840	119	9	emerging	emerge	VERB
ajrhss-2840	119	10	economies	economy	NOUN
ajrhss-2840	119	11	.	.	PUNCT
ajrhss-2840	120	1	washington	washington	PROPN
ajrhss-2840	120	2	,	,	PUNCT
ajrhss-2840	120	3	dc	dc	PROPN
ajrhss-2840	120	4	:	:	PUNCT
ajrhss-2840	120	5	world	world	PROPN
ajrhss-2840	120	6	bank	bank	PROPN
ajrhss-2840	120	7	group	group	NOUN
ajrhss-2840	120	8	,	,	PUNCT
ajrhss-2840	120	9	2022	2022	NUM
ajrhss-2840	120	10	.	.	PUNCT
ajrhss-2840	120	11	https://www.uzse.uz/	https://www.uzse.uz/	NUM