The Parliament of Mongolia adopted the Amendments to the Banking Law of Mongolia (“Amendments”) on 29 January 2021. We summarize the main changes in the Banking Law of Mongolia enacted by the Amendments.
We set out a brief overview of the legal framework and the registration process of beneficial owners for the purpose of providing a general understanding of the topic.
On 6 June 2019, the Parliament of Mongolia adopted the Amendment to the Law of Mongolia on Renewable Energy.
