Mongolia’s effort against money laundering and financial crime praised www.montsame.mn
Ulaanbaatar /MONTSAME/. On April 30, Governor of the Bank of Mongolia (BoM) held a meeting with the Ambassador Extraordinary and Plenipotentiary of the U.S. to Mongolia Michael S. Klecheski.
In the course of the meeting, Governor of the BoM presented the measures being taken to comply with the recommendations of FATF in having Mongolia removed from the ‘grey list’ and Ambassador Michael S. Klecheski praised Mongolia’s effort in this regard.
The U.S has funded the purchase and procurement of the "go AML" software used by the United Nations Office on Drugs and Crime (UNODC), which is essential for the internal operations of the Financial Information Unit under the BoM.
The sides exchanged views on the outcomes of bilateral cooperation and the Governor of the BoM B.Lhagvasuren expressed his gratitude towards the U.S. Government for its assistance to Mongolia during this hardship amid COVID-19 pandemic.
Published Date:2020-04-30