The Financial Regulatory Commission (FRC), in cooperation with the Alliance for Financial Inclusion (AFI), is organizing an international training titled “Integrating Gender-Inclusive Finance into Supervisory Frameworks.”

During the opening, FRC Chairman Jambaajamts Tundev emphasized that gender equality remains a key priority in expanding access to financial services. He noted that Mongolia ensures an appropriate gender balance within company boards under the Corporate Governance Code, conducts assessments of financial inclusion and citizens’ financial health, and adopts data-driven policies and decisions.

He further highlighted that regulatory measures supporting gender equality, increasing women’s economic participation, and financing projects through the capital market have enabled domestic companies to issue social and sustainability bonds. Among these is one of Central Asia’s first gender bonds, demonstrating regional leadership. Mongolia also joined the Women Entrepreneurs Finance Code last year, with 28 non-bank financial institutions and four professional associations currently participating, reflecting growing awareness and engagement among stakeholders.

Chairman Jambaajamts stressed that building an inclusive financial system requires high-quality data, sound policymaking, and strong cooperation among partners. In this context, the international training provides an important platform for sharing experience, learning, and improving regulatory and supervisory practices.

The training aims to strengthen Mongolia’s financial sector regulatory and supervisory capacity in line with international standards while contributing to the development of a women-friendly, inclusive, and fair financial system. More than 70 representatives from financial regulatory bodies and central banks of over 40 countries are participating in the training. Participants are exchanging experience on gender-responsive supervision, risk-based oversight, consumer complaint resolution mechanisms, financial literacy, fraud prevention tools, and the application of artificial intelligence and SupTech solutions.

The FRC will also present Mongolia’s financial market policies, initiatives to enhance women’s financial inclusion, reforms in market conduct supervision, and consumer protection measures. The program further provides technical knowledge and skills related to supervisory implementation, risk assessment matrices, inspection methodologies, market monitoring tools, and the systematic integration of gender considerations into supervision.

Batchimeg Batbold, Director of Market Research and Development Department at FRC, stated that the training focuses on improving financial service accessibility for women entrepreneurs and promoting gender balance through experience sharing among policymakers and regulators. She noted that Mongolia ranked ninth globally in financial service accessibility in 2025, placing it alongside developed countries. While access to financial services among individual clients shows little disparity by gender, age, or education level, women entrepreneurs often receive similar services but with differing financing volumes. To address this gap, several bonds have been issued, financing more than 300 entrepreneurs.

The Alliance for Financial Inclusion is an international organization comprising central banks and financial regulatory institutions from over 100 developing countries, working to expand financial services to underserved populations. The Financial Regulatory Commission joined AFI in 2010 and participates in seven of its working groups. The international training is being held from May 4–8 in connection with the 20th anniversary of the establishment of the FRC.

Published Date:2026-05-06