U.S. to give support for Mongolia on FATF compliance

AKIPRESS.COM - Governor of the Bank of Mongolia B.Lkhagvasuren on December 13 met with Assistant Secretary for Terrorist Financing in the United States Department of the Treasury Marshall Billingslea, Montsame reports.
At the meeting, the central bank governor presented measures being taken to combat against money laundering and terrorist financing and noted its efforts to implement recommendations by am international organization.
In turn, the US side pledged to provide support to Mongolia to be removed from the Financial Action Task Force's (FATF) list of jurisdiction with Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) deficiencies.
Officials of the central bank of Mongolia, US Ambassador to Mongolia Michael S. Klecheski, Senior Policy Adviser of the US Department of Treasury Anna Morris and other delegates.