“Memorandum of Understanding” was signed between the Mongolian Stock companies association and the National Board of corporate governance on 12th June, 2017. The memorandum was signed by D. Ganbayar, Chairman of the Board of Director of National Board of corporate governance, and B.Gantulga, President of the Mongolian Stock companies association.
Within the framework of the partnership, the parties shall ensure that good governance must be created and strengthened by the Board of Directors, executive management and staff of all stock companies to fully understand the importance and benefits of capital market, improve information transparency, and deal with public sector’s legal and regulatory issues, solving the problem, create favorable environment for economy and investment, and improve public financial education in 7 directions.
In addition, the parties are aiming to develop capital markets in Mongolia by working closely with market regulators and other organizations.
Source: www.marketinfo.mn