Нэмэгдсэн: 2017-05-05 18:08:00

FRC Chairman Dr. Davaasuren Sodnomdarjaa visited the Federal Financial Supervisory Authority (BaFin) and met Mr. Thomas Schmitz Lippert, Executive Director of Department for International Policy, Financial Stability and Regulation and Mr. Michael Kehr, Senior Advisor of International Policy/Affairs. BaFin is financial regulatory authority to ensure the proper functioning, stability and integrity of the German financial system.
The authorities agreed to establish a memorandum in the scope of strengthening Mongolian securities and insurance markets and non-bank financial institutions, improving respective legal environments and enhancing capacity of the markets. Both agreed to seek for an opportunity for exchange of information for supervision in cross-border financial operations.