Нэмэгдсэн: 2017-03-25 08:33:00

Working group in charge of the implementation of the Law on Anti-money laundering and counter terrorism financing and Recommendations from Financial Action Task Force /FATF/ holds its regular meeting in order to discuss a course of activities to be conducted.

Mongolia’s regime on AML/CFT has been rated as partially compliant by the mutual evaluation from the Asia/Pacific Working Group on Money Laundering and report from the Mongolian officials, says Mr. Batzorig.B, Head of the Working group.

Since a significant share of the mutual evaluation conducted by the FATF’s APG fall within the Financial Regulatory Commission’s regulatory framework and its relevant institutions, it’s the responsibility of the FRC to pay particular attention to this issue. In this respect, the FRC has developed an action plan to improve the current condition, prevent potential risks with collaboration of the law enforcement organizations and Financial Stability Committee.