Advocacy

Position Paper on Draft Law on Interest Rates

In April 2019, Amcham’s Financial Services Committee (‘AFSC’) was presented with the draft Law on Setting Maximum Legal Rate of Loan Interest and Combatting Usury (‘Draft Law’) – (translated into English from the original Mongolian version). Based on the information disclosed, we are now formulating our position about the draft regulation (‘Policy Document’).

Please see the following Position Paper for your reference.

Position Paper on Draft Law on Interest Rates

Contact AmCham Mongolia
Address: 8F, Naiman Zovkhis ("Eznis") Building 21 Seoul Street
Ulaanbaatar, Mongolia
Phone: (976) 70003437
Email: info@amcham.mn

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