• 2005
  • 2005

    Approved legal status of the Financial Regulatory Commission. Amended laws on cooperatives and special licenses. Financial Regulatory Commission began to issue special license on the savings and loan operations.

  • 2005-11-17

    Approved legal status of the Financial Regulatory Commission.

  • 2006-01-25

    Financial Regulatory Commission of Mongolia was officially established with the function of regulating the non-banking sector.

  • 2007

  • 2007

    Announced as a development year of capital market.

  • 2007-DECEMBER.

    All the currency exchange units came under regulation of the Financial Regulatory Commission of Mongolia.

  • 2007.11.29

    Approved mission /2008-2010/ of the Financial Regulatory Commission.

  • 2007-12-26

    Approved code on Corporate Governance based on the principles of corporate governance which were approved by the International Economic Joint Development Organization.

  • 2008
  • 2008

    Announced as a development year of the microfinance.

  • 2008-03-05

    Signed an agreement with Bloomberg LP.


  • 2008-04-10

    Mongolian Stock Exchange /MSE/ became the member of the Asia-Pacific Stock Markets Union.


  • 2008.01.24

    Signed Memorandum of Understanding /MoU/ with the Securities Commission of China.


  • 2009
  • 2009-07-09

    The Law on Currency Settlement had been approved.

  • 2009.07.09  

    The Law on Currency Regulation had been amended, and legal entities and citizens except commercial banks are regulated by the FRC.

  • 2009

    The "Main Orientation for development Capital Market 2009-2012" had approved

  • 2009

    Promoted "The year for financial education". The MoU between FRC and the Agency of the Republic of Kazakhstan on the Regulation and Supervision of Financial Market and Financial Organization had been signed.

  • 2009-05

    The Project "Micro Insurance Market Capacity Building" by UNDP had started to implement for the purpose to involve low income people, and increase social welfare in the framework of Millennium challenge of poverty reduction.

  • 2009

    The amendment to the Law on the Insurance had been drafted, and the "Regulation of increse minimum threshold of equity capital of insurance companies by 2 times" had approved.

  • 2010
  • 2010

    Established memorandum of understanding with the Non banking financial institutions association.


  • 2010

    Established memorandum of understanding with Financial Supervision Organization of Poland with the purpose of supporting each other in exchange of information on securities market activity.


  • 2010

    Introduced to the Government the development of Capital market strategy /2010-2012/ and approved it by the resolution number 115 in 2010. Thus, brought the unique and flexible strategy  which covers full range of complex and interrelated matters.

  • 2010

    Preliminary listing works have been done in accordance with ISO6166 international standard for listing of securities in central depository and joined as a member of ANNA which implements international standard.  

  • 2012.02.10

    Approved Credit Guarantee Fund law. In accordance with this law approve charter of the Credit Guarantee Fund.

  • 2012
  • 2012-04-27

    Operational strategy /2012-2016/ of the Financial Regulatory Commission has been approved.


  • 2013-03-13

    First special license was issued to intermediary company /broker/ for conducting activities in the Agricultural Exchange.   The project “Economic Policy Reform and Competitiveness” which was implemented through International development agency of USA has been terminated and started implementing project with the name “support of business development”.

  • 2014
  • 2014

    MoU between FRC and Mongolian Association of Non Bank Financial Institutions had been re-signed.

  • 2014

    FRC has united in IOSCO MMoU. Upon signed in this MMoU, FRC has opportunities to share information, cooperate on securities supervision with its 198 member organizations.

  • 2014

    MoU between FRC and Mongolian National Association of Savings and Credit Unions had been resigned.  

  • 2014

    MoU between FRC and Association of Agricultural and Commodity brokers and providers, and Secretiariat of Commodity Exchange Regulatory Council had been signed.

  • 2014

    oU between FRC and Mongolian Association of Securitiies Dealers had been signed.  

  • 2014

    The "Capital Market Capacity Building" Project has been started, financed by the JICA, and supported by the Japan Financial Services Agency for 3 years.

  • 2014

    Trilateral MoU between FRC, National Agency for Children, and Mongolian Insurers Association had been signed on the situation of accident of horse racing children..   

  • 2014

    The TV serial "Training for Millioner" had been released and launched by ADB project JFPR-9152. The serial was for public financial literacy based on the true life.