The National Council on Money Laundering and Anti-Terrorism Financing met on 12 august 2019 at the Ministy of Justice and Home Affairs to discuss the program development on countering money laundering and anti-terrorism financing, Government’s approval and its implementation. During this meeting the report on countering money laundering and anti-terrorism financing, its implementation and measures taken during the first half of 2019 was discussed.
The report was presented by Kh.Batchuluun, Secretary of the National Council and Head of the Financial Information Unit, who spoke about the major activities of organizations in collaboration with the National Council on legal policy on countering money laundering and terrorism financing, prevention, information exchange, risk reduction training.
After the report was discussed and taking in account the members' proposals and views, there was a decision to issue a recommendation on measures to combat money laundering and terrorism financing. This meeting of the National Council was held just before the 22nd Asia-Pacific Regional Anti-Money Laundering Meeting, as well as the FATF Annual Meeting.
