Mongolia adopts investment (specialized) banking law www.melvilledalai.com
On 20 January 2023, the Parliament of Mongolia adopted the Law of Mongolia Investment-Specialized Banking Law (the “Investment
Banking Law”) after six years of pending approval since the draft law has been prepared and submitted to the Parliament of Mongolia (the “Parliament”) in 2016 for parliamentary discussions and enactment.
The Investment Banking Law entered into force on 1 March 2023.
Published Date:2023-06-28