Financial Crime World

Compliance Training Arrives in Mongolia

In a surprising turn of events, compliance training has made its way to the remote and exotic land of Mongolia, nestled between China and Russia. The country’s banking sector and industry have adopted compliance as a means to participate in the global economy, and enthusiasm is running high.

A Growing Interest in Compliance

Adam Turteltaub, a prominent figure in the compliance world, recently spoke at a conference in Ulaanbaatar, where he was met with eager learners from various sectors. The Business Council of Mongolia also welcomed his talk, demonstrating the growing importance of compliance training in the country.

Global Impact and Reach

This development is significant not only because it showcases Mongolia’s commitment to global standards but also because it highlights the global reach and impact of compliance professionals. With a presence felt everywhere from Dubai to Singapore, the Society for Corporate Compliance and Ethics (SCCE) has established itself as a valued authority on compliance certification.

SCCE Expansion

The SCCE’s Basic Compliance and Ethics Academies have already produced graduates in Mongolia, who hold the prestigious Certified Compliance and Ethics Professional-International (CCEP-I) designation. With plans to expand its global presence, the organization is set to host regional meetings in:

  • Buenos Aires
  • Santiago
  • Bangkok

in 2019, with even more locations planned for 2020.

The Future of Compliance Training

In an era where compliance training is no longer limited to Western markets, it’s exciting to see that Mongolia is embracing this critical aspect of business operations. Who knows? Perhaps one day, a picture of a compliance conference in Mongolia won’t be so unusual after all - just another commonplace occurrence in the world of global commerce.