Minister submits draft laws

Ulaanbaatar /MONTSAME/ The Minister of Justice Kh.Temuujin submitted Thursday to the Speaker a draft new wording of the law on combating against crimes of money laundering and financing terrorism. The draft new wording is submitted to the State Great Khural in accordance with specific recommendation from international organizations after monitoring the anti-money laundering and anti-financing terrorism system of Mongolia. The same day, Kh.Temuujin presented a draft law on ratifying and approving the amendment to the agreement on foundation of the European Bank for Reconstruction and Development (EBRD). Mongolia became the 61st member of the EBRD by adopting the agreement of the EBRD foundation on July 26, 2000.