Follow-up report to Mongolia's assessment of anti-money laundering and counter-terrorist financing measures

Since its 2017 Mutual Evaluation and ensuing 2019 Follow-Up Report, Mongolia has made significant progress towards overcoming deficiencies on technical compliance under R14, R.28 and R.35.

• Recommendation 14 is re-rated from Partially Compliant to Compliant
• Recommendation 28 is re-rated from Partially Compliant to Largely Compliant
• Recommendation 35 is re-rated from Partially Compliant to Largely Compliant

On Recommendation15, which was amended after the MER and FUR were adopted, Mongolia does not meet the updated FATF standards on VA and VASPshas been re-rated from Largely Compliant to Partially Compliant. 

Mongolia remains in enhanced follow-up and will continue to report back to APG on progress to strengthen its implementation of AML/CFT measures.

Follow-up report to Mongolia's assessment of anti-money laundering and counter-terrorist financing measures - 2019

Mutual Evaluation Report of Mongolia - 2017

Asia/Pacific Group on Money Laundering (APG)