Financial Regulatory Commission of Mongolia joined the AFI network in June 2010. It is a principal member and is active in four working groups. Its chair, Bayarsaikhan Dembereldash, was previously on AFI’s board of directors and now serves as chair of the network’s Eastern Europe & Central Asia Policy Initiative.
The supervisory institution has made 20 Maya Declaration targets, including greater support for e-money services and protecting consumer rights. It was ranked “most engaged” in 2018, with representatives participating in working group meetings, capacity building initiatives as well as regional and global events.