1.What exists today
Organisation accounts are introduced in stages. Today an organisation can apply, and its application is verified and decided as described below. The features of the organisation workspace are listed on the institutions page as each one becomes available. Organisation portfolios, investment-limit checks, scheduled reports, data exports and organisation API keys are not offered yet. These terms do not promise any feature that is not listed there as available, and a feature that is not offered yet is described below only so that its rules are known before it arrives.
2.Who the contract is with
The contract is made between the organisation, acting through its authorised signatory, and Finmind. Finmind's legal name, registration number and address are shown at the bottom of this page once they are set, and will be written into every contract. As of the date above they have not been set: the legal entity that will contract for Finmind is still being established, and no contract is signed until its details are set and shown here.
3.Who may apply
An organisation account is for institutions that invest or supervise investment, such as a pension fund or its investment manager, an investment fund or its management company, an asset manager, an insurer, a bank, a broker (investment intermediary), a state body, or a company treasury. An individual investor uses a personal Finmind account instead.
The application is made by a person who works for the organisation. If that person is not authorised to sign agreements for it, the application names the person who is. The organisation's details in the application must be true and complete: the legal name, the taxpayer identification number (STIR), the licence and its regulator where the organisation holds one, and the registered address.
An organisation account holds the organisation's own books and work. It does not accept registers of natural persons, such as the participants of a pension scheme or the unit holders of a fund.
4.Verification and the right to refuse
Nothing is reviewed until the applicant opens the confirmation link sent to their work email. A Finmind administrator then verifies the organisation by hand, with the evidence recorded for each check:
- that the organisation exists and its STIR matches its name and registered address, in the state register;
- that its licence is valid for the stated activity, in the register of the regulator that issued it, or, for a state body, the legal act that founded it;
- that the applicant works there, by a call to a number the organisation itself publishes or by an email from its official domain;
- that the signatory is authorised, from the state register or from a power of attorney or board decision sent to us through a support conversation;
- a screening of the organisation and the signatory against the United Nations Security Council consolidated sanctions list, as a check of business risk;
- that the organisation's email domain is confirmed, and that what it wants to use is something the service does today.
Automated checks, such as a duplicate STIR or a free email domain, only inform the administrator; they never decide. We may ask for more information. If it is not given within 30 days, the application is closed as incomplete, and a new application can be made at any time.
We may refuse any application. We tell the applicant the reason, except where the reason is a legal concern, in which case we say only that we are unable to proceed. We do not state a review time.
5.Approval of regulated institutions
Approval requires every check above to pass or to be recorded as not applicable, with the reason. The approving administrator confirms the approval with their password and a current second factor.
A pension fund, a bank or an insurer is approved by two different Finmind administrators, each with two-factor authentication (four-eyes approval). The first approval keeps the application in the queue until a second administrator approves it. Until Finmind has a second administrator who can do so, such an application waits in the queue, and its status says why.
6.Evaluation period and pause
On approval the organisation account is opened for onboarding, and a 14-day evaluation period begins, with the institutional features available at that time. Nothing is charged during the evaluation.
When the 14 days end without a signed contract recorded, the organisation account is paused. A paused organisation account is never deleted because of the pause: its data stays as it was, and it is resumed when the contract is recorded and a Finmind administrator reinstates it.
7.Contract, prices and invoices
The terms of an organisation account, including the seats, the features, the term and the price, are agreed in the signed contract. We do not publish prices for organisations; the individual prices shown elsewhere on the site apply to personal Finmind accounts only.
Organisations pay by invoice issued against the contract, by bank transfer. Card payments, Telegram payments and the checkout are not offered to organisations. A Finmind administrator matches each payment to its invoice by hand. Nothing is charged before the contract is signed, and a refund of an invoiced amount follows the contract.
An organisation account becomes active only when a Finmind administrator has recorded the contract's reference and the number of contracted seats, and has activated it.
8.Members, roles and seats
Each member uses their own personal Finmind account, joined to the organisation by an invitation sent to their email address and accepted from a Finmind account with that email address verified. A member may belong to more than one organisation. A member has one of these roles:
- Owner: the person accountable for the organisation account, named by the authorised signatory. There is at least one owner and at most three, and the last owner cannot leave or be removed until another owner has joined.
- Admin: runs the organisation account day to day, including inviting and removing members below owner.
- Analyst: works with the organisation's data.
- Viewer: reads the organisation's data and reports without changing them.
- Billing: the finance contact, who sees the contract, invoices and payments but not the organisation's data. A billing member does not use a seat.
The number of seats is set in the contract. Two-factor authentication is required for owners and admins. When a member is removed, their access to the organisation ends at once; what they wrote for the organisation stays with it, under their name at the time. The organisation's features apply only inside the organisation account: they do not unlock anything in a member's personal Finmind account, and nothing in a member's personal Finmind account is visible to the organisation.
9.The organisation's responsibilities
The organisation, through its owners:
- uses the service lawfully and for its own purposes, within its licence and its own rules;
- keeps the details it gave us accurate, and tells us promptly of a change of name, STIR, licence, signatory or registered address, which we verify again;
- invites only people it has authorised, gives each the least role they need, and removes a member promptly when that person should no longer have access;
- makes sure its members keep their sign-in details and second factors secure and follow the terms of service;
- is responsible for what is done through its members' access, and tells us at once through support if it believes that access has been misused;
- has a lawful basis for any personal data it puts into the organisation account;
- remains responsible for its own investment decisions, its regulatory obligations and every report or filing it makes.
10.Organisation data
The data an organisation puts into its organisation account, and what its members create there, such as notes and reports, belongs to the organisation. Finmind processes it only to provide the service to the organisation, on the organisation's instructions as set out in these terms and the contract, and as the law requires. For personal data in that content, the organisation decides how it is processed and Finmind processes it on the organisation's behalf; the contract may add further terms for that processing.
We do not sell organisation data, use it for advertising, use it to train AI models, or disclose it to anyone except the service providers named in the privacy policy, and authorities where the law of the Republic of Uzbekistan requires it. Finmind staff read organisation data only where needed to run the service, to answer a request from the organisation, to deal with a security incident, or to meet a legal obligation.
Data is stored with Contabo GmbH in France (European Union), as the privacy policy states. Hosting in Uzbekistan is not offered today. An organisation may ask us in writing for a copy of its organisation data at any time while we keep it.
11.Confidentiality
Each party keeps the other's non-public information that it receives under the contract confidential, uses it only for the contract, and shares it only with those of its staff and service providers who need it and are bound to keep it confidential. This does not apply to information that is or becomes public other than through the receiving party, that the receiving party already held lawfully, or that the law or a competent authority requires to be disclosed, in which case the disclosing party is told first where the law allows. This duty continues after the contract ends.
We do not name an organisation as a client, or show its name or logo, without its written consent.
12.Market data and its licence limits
The market and company data the service shows come from third parties, among them the Tashkent Stock Exchange (uzse.uz), openinfo.uz, the Central Bank of Uzbekistan, uzex.uz and uzrvb.uz. Their redistribution terms are not ours to set. We are asking the Republican Stock Exchange «Toshkent» and the operator of openinfo.uz in writing for their terms for institutional use; until they answer in writing, the following applies.
The organisation may use market data from the service for its own internal work, including in its internal reports and in reports to its own board, auditors and regulators, naming Finmind and the original source. It may not redistribute that data, resell it, offer it as a feed or a dataset, or pass it to a third party beyond what the source's own licence allows, without our written agreement and, where the source requires it, the source's. The organisation's own data carries no such limit. This permission covers only what this section states, is given under and subject to these terms, may be withdrawn for future use, and does not imply that Finmind endorses you or your use. All other rights in Finmind's content, design and compilations of data are reserved and protected by the laws of the Republic of Uzbekistan, including the Law on Copyright and Related Rights.
We show data accurately and leave out rather than invent a figure a source does not publish, and every price carries its date. We do not guarantee that data is complete, current or free of errors, and it is not an official record of any exchange or authority.
13.Limit checks are not legal advice
Investment-limit checks are not offered yet. When they are, a limit check is a rule the organisation configures and the service evaluates: it reports whether a portfolio is within or outside a configured limit. It is not a determination of compliance with any law, regulation or mandate, and it is not legal or compliance advice. Any starting values we suggest are our reading of published rules on a stated date, with the source; the organisation's compliance officer confirms or changes them, and the organisation remains responsible for its compliance.
14.No investment advice
Finmind is an information and analytics service. It is not a licensed investment adviser, broker, custodian or fund administrator, and it does not hold the organisation's money or securities. Nothing in the service is investment, legal, tax or accounting advice, or a recommendation to buy or sell any security. Figures the service calculates are working figures, not an official valuation, and never an official net asset value.
15.Service levels and support
We aim to keep the service available and correct, but we do not promise a service level, an uptime figure or a response time, because none has been measured over a period we could defend. A service level applies only if the signed contract states one. The service depends on third parties, including data sources and our hosting and network providers, and we may carry out maintenance.
Support is given through the channels in the contact section.
16.Suspension and closure
A Finmind administrator may suspend an organisation account, recording the reason: the evaluation period ended without a contract, an invoice is unpaid, a security incident, the organisation's own request, the contract has lapsed, or a breach of these terms. Suspension pauses access and leaves the data untouched. Reinstatement also records a reason.
An organisation account is closed when the contract ends, at the organisation's request, for a breach of these terms, or when the organisation is liquidated, with the reason recorded. A closed organisation account is not reopened; the organisation may apply again. Closing it does not delete its data, and the members' personal Finmind accounts are not affected.
17.Data retention
The data of a closed organisation account, including its verification record and its audit log, is kept for 5 years after closure, because the organisation may need it for its own audits. After that period it becomes eligible for deletion. Nothing is deleted automatically: a Finmind administrator first reviews what would be deleted and what would be kept, and the deletion happens only after they approve it, with a record of the decision.
An application that was rejected or never completed is kept as the record of the decision and is not deleted automatically either. No deletion period has been set for it yet; when one is set, it will be stated here and in the privacy policy.
18.Limitation of liability
The service is provided as is. To the extent the law allows, Finmind is not liable for investment losses or missed gains, for decisions made on the basis of the service, for errors, delays or gaps in data from third-party sources, or for indirect or consequential losses.
Unless the signed contract sets a different limit, and to the extent the law allows, our total liability to the organisation for all claims is limited to the amount the organisation paid Finmind under the contract in the 12 months before the claim arose. Nothing in these terms excludes liability that cannot be excluded under the law of the Republic of Uzbekistan.
19.Governing law and disputes
These terms and the contract are governed by the law of the Republic of Uzbekistan. The parties first try to resolve a dispute by negotiation. A dispute that cannot be resolved that way is decided by the competent court of the Republic of Uzbekistan, unless the signed contract provides otherwise.
20.Changes to these terms
We may update these terms. The date at the top shows the latest version. When a change materially affects an organisation under contract, we tell its owners in writing before the change takes effect, and the contract says whether and when the change applies to it.
21.Contact
For questions about organisation accounts, an application or these terms, email [email protected] or use Support in the app (Settings, then Support). The application form and how onboarding works are described on the institutions page. Security reports: see the security page.