ADOPTION OF REGULATION ON OPERATION OF THE OVER- THE- COUNTER MARKET IS AN IMPORTANT STEP IN CAPITAL MARKET DEVELOPMENT
25th January 2021, Ulaanbaatar city. The securities market is classified into regulated market or stock exchange market and unregulated market or over-the-counter market (“OTC market”) depending on its characteristics such as trade and regulatory framework, requirements and participants. The Mongolian Law
Implementation measures of the Amendment to the Banking Law
The relation of issuing permission for bank establishment was first regulated in Mongolia by the “General Rule on Establishment of Commercial Bank and its Operations” approved by Resolution No. 422 of the Ministers’ Council of the People's Republic of Mongolia