Regulatory Alerts2018-05-17
Regulation on Monetary Policy Committee Activities
The Central Bank of Mongolia issued this regulation to govern the operations, decision-making procedures, and transparency of its Monetary Policy Committee. It mandates a structured two-stage meeting process for deliberating monetary policy, setting interest rates, and managing reserve requirements, while strictly prohibiting pre-voting and ensuring member independence. The document enforces rigorous public disclosure standards, including the publication of inflation reports, policy statements, and detailed meeting minutes to maintain accountability and public trust.
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