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Corruption and Anti-Corruption in Mongolia

Mongolia has made significant strides in combating corruption and promoting transparency in various aspects of its governance. This article provides an overview of the country’s anti-corruption framework, highlighting key laws, institutions, and practices that aim to prevent and investigate corruption.

Mongolia’s anti-corruption legislation is comprehensive and robust. The main laws governing anti-corruption efforts include:

  • Criminal Code: Outlines offenses related to corruption, such as bribery, embezzlement, and abuse of power.
  • Anti-Corruption Law: Provides a framework for preventing and investigating corruption in various sectors.
  • Public Procurement Law: Ensures transparency in public procurement processes through open-type tender procedures and limited tender selection.
  • Other relevant laws: Such as the Company Law, Banking Law, Law on Insurance, and State Audit Law.

Transparency and Accountability

Mongolia prioritizes transparency in its governance. Some key measures include:

  • Public Procurement Transparency: Open-type tender procedures and limited tender selection ensure that public procurement processes are transparent.
  • Asset Declarations: Officeholders and members of parliament must annually declare their assets, preventing conflicts of interest.
  • Prohibition on Offshore Accounts: Members of parliament and officeholders are prohibited from holding offshore accounts.

Taxation and Auditing

Mongolia’s taxation system is characterized by transparency:

  • Online Tax Reporting: Taxpayers can report taxes online, reducing the risk of corruption.
  • Clear Definitions: Taxable incomes and principles on tax discounts and exemptions are clearly defined.
  • Auditing Framework: The Law on Auditing provides a framework for auditing in Mongolia.

Political Party Finance

Mongolia’s political party finance is subject to scrutiny:

  • Lack of Public Financing: Political parties do not receive public funding, reducing the risk of corruption.
  • Reporting Requirements: Parties are required to report on their sources of financing.

Institutional Framework

The Independent Authority Against Corruption (IAAC) plays a crucial role in Mongolia’s anti-corruption efforts:

  • Investigating Corruption Cases: IAAC investigates corruption cases and collects asset declarations.
  • Education and Prevention Programs: IAAC runs education and prevention programs to promote a culture of transparency and accountability.

Overall, Mongolia’s anti-corruption framework is robust, with various laws, institutions, and practices working together to prevent and investigate corruption.