Financial stability council meets www.montsame.mn
Ulaanbaatar /MONTSAME/ The Financial Stability Council's regular meeting convened at the Conference Hall of the Financial Regulatory Commission (FRC) on December 25. The council is conprised of the FRC Chairman, the Governor of the Bank of Mongolia and the Finance Minister and the meeting is chaired in turns.
Chaired by Chairman of the FRC S.Davaasuren this time the council discussed review of non-bank financial sector and a research work report themed 'Trading stocks of domestic commercial banks to public through the Mongolian Stock Exchange’ conducted by independant research team.
The Financial Stability Council’s activities are targeted to ensuring stability of financial system, preventing from possible risks, and analyzing occurred risks and to making decisions and taking measures within the council members' rights and responsibilities.
Moreover the Financial Stability Council regularly get informed and exchanges information as well as submit recommendations to the parliament if necessary.
Published Date:2017-12-26