38060-012: Establishing an Effective Anti-Money Laundering Regime

Project Data Sheet (PDS): Overview


The TA will promote the stability and soundness of the financial system in Mongolia by assisting in the creation of an effective AML regime. The AML regime will also reduce the country's vulnerability to criminal activities and help Mongolia comply with international standards for AML. The TA has been designed taking into account the activities of the International Monetary Fund and United States Department of Treasury, to avoid duplication of effort and to ensure effectiveness and ... Read More

Country Mongolia
Project Number 38060-012
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Numbers TA No. 4393
Approval Date 17 Sep 2004
ADB Financing ($ thousand) 214
Geographical Location Mongolia
Sector Finance
Subsector Banking Systems



Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Project Data Sheets (PDS)

Responsible ADB Officer
Yuebin Zhang
Request for information

Responsible ADB Department
East Asia Department

Responsible ADB Divisions
Public Mgt, Financial Sector and Regional Coop Division, EARD

Executing Agencies
Bank of Mongolia (Central Bank)
O. Chuluunbat, Governor

PDS Creation Date
14 Sep 2007

Last PDS Update
19 Dec 2007