On January 29, 2021, the Parliament of Mongolia approved amendments to the 2010 Banking Act of Mongolia. These Amendments introduce potentially sweeping reforms not only to the banking industry, but also to the Mongolia’s stock market. The attached summary highlights some of the key features of the Amendments.
EBRD publishes “Assessment of Reorganisation Procedures in Insolvency” report
The recent Covid-19 crisis has highlighted the importance of insolvency and reorganisation frameworks to support
