THE FINANCIAL REGULATORY COMMISSION OF MONGOLIA SIGNED THE “MULTILATERAL MEMORANDUM OF UNDERSTANDING FOR SUPERVISORY COOPERATION”

10/26/2022

Mr Bayarsaikhan Dembereldash, Chairman, Financial Regulatory Commission of Mongolia participated in the 47th Annual Meeting of the International Organization of Securities Commissions (IOSCO) from 17 to 20 October, in Marrakech, Morocco. During the Annual Meeting, member authorities have discussed the previous year’s achievements, policies, recommendations, and challenges for accelerating the development of the capital market. Particularly, delegations exchanged views on the supervision of technology-based financial activities and the principles of sustainable finance including green finance, and policy solutions for carbon reduction. 

At the APRC meeting being held during the IOSCO Annual Meeting, 12-member authorities including the FRC Mongolia signed the “Multilateral Memorandum of Understanding for Supervisory Cooperation”, with the objective of supporting cooperation of cross-border activities and on-site supervision.