In Attention of Non-Bank Financial Institutions

In the worldwide announcement of a Temporary Committee against International Financial Criminal Acts made on 24 June 2011, it has been stated that a list of countries including Iran, DPRK, Bolivia, Cuba, Ethiopia, Kenya, Myanmar, Shri-Lanka, Syria, Turkey lack strategic policy against financing money laundering and terrorism.

Therefore, a close attention should be paid on each transaction and connection made with the countries listed above; and in case of a suspicious act reports should be made according to the FRC’s resolution No 253’s ‘Regulation on reporting suspicious transactions and recognizing a customer’ of 23 November 2009 and amendment to it made on 23 September 2010 titled ‘Suspicious transaction report form’, ‘Cash transaction report form’ to Mongolbank Financial Information department.

Additional information on the case could be found at:

http://www.fatf-gafi.org/document/54/0,3746,en_32250379_32236992_48263734_1_1_1_1,00.html