During the discussion, participants developed recommendations for improving the regulatory framework for Central Asian countries and proposed ways for regular and structured interaction between the government and business on compliance and good governance issues. Representatives from the business community, government agencies, civil organizations, and international partners participated in the dialogue.
According to experts, adherence to regulatory requirements and principles of responsible governance increasingly impacts the competitiveness of the economy. The importance of compliance for companies in Central Asia is explained by the demands of international markets, the necessity of participating in global supply chains, and attracting investments, which in turn depends on transparent and stable internal rules.
Altynai Asanova, Executive Director of the American Chamber of Commerce in Kyrgyzstan, emphasizes that open interaction between the government and business on compliance and corporate governance issues is fundamental to strengthening the resilience of companies, increasing investor trust, and integrating the country into global markets.
Compliance, which translates from English as adherence, represents a system of measures and procedures aimed at reducing risks and ensuring compliance with the norms established for the company's activities. These requirements can be both external, including laws and regulations, and internal—corporate rules and standards.
