Нэмэгдсэн: 2019-01-03 01:29:00

Doctor Davaasuren Sodnomdarjaa, Chair of the Financial Regulatory Commission (FRC) approved two supervision plans on anti-money laundering and countering the financing of terrorism; namely: risk-based supervision plan and targeted supervision plan. The development, approval and implementation of these supervision plans were required of the FRC by the Government, according to recommendations of the Asia/Pacific Group on Money Laundering.

The risk-based supervision will be conducted among 42 securities companies, 15 insurance companies, 28 insurance intermediaries, 40 NBFIs, 40 SCCs, and 60 real estate agencies. The plan will be implemented until June, 2019.

The targeted supervision plan will be co-implemented by the FRC, Bank of Mongolia, Financial Information Unit, General Intelligence Agency, and the National Policy Agency, within the second quarter of 2019.  For this plan, 23 NBFIs, that conduct online payments services and online money transfers, will be supervised.