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.
The Investment Banking Law of Mongolia seeks to bring long-term financing to the Mongolian market
On January 20, 2023, the Parliament of Mongolia approved an Investment Banking Law of Mongolia.