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Client Alert Registration of Ultimate Controllers
On 22 March 2019, the Parliament of Mongolia (the “Parliament”) enacted the “Revised General Law on Taxation” replacing the old one that was enacted back in 2008. Article 18 of the revised law introduced the guidelines for the Mongolian tax authority in exchanging of...
The Legal 500 and DB>S LLP’s joint event
On 12 September 2019, the Legal 500 and “DB>S” LLP is holding a jointly hosted inaugural roundtable discussion for General Counsels (“GC”) of large and medium enterprises operating in Mongolia. The topic of discussion was “The changing role of in-house counsel”....
Asia Law Regional Awards 2019
We are happy to announce that DB>S LLP was selected as the “Mongolia Firm of the Year” by Asialaw for its legal works undertaken in 2018 at the second annual Asialaw Regional Awards, which was held on May 30, 2019 at the Island Shangri-La in Hong Kong. These...
MONGOLIA: LAW ON RE-CAPITALISATION OF COMMERCIAL BANKS WITH PUBLIC FUNDS
Zoljargal Dashnyam, DB & GTS LLP, Ulaanbaatar, zola.dashnyam@dblaw.mn Enkhsaruul Jargalsaikhan, DB & GTS LLP, Ulaanbaatar, j.enkhsaruul@dblaw.mn Abstract The asset quality review of Mongolian commercial banks has revealed a system-wide capital shortfall...
DB & GTS LLP publishes article for the IBA on Bank Recapitalization Law
By: Zoljargal Dashnyam, DB & GTS LLP, Ulaanbaatar, zola.dashnyam@dblaw.mn Enkhsaruul Jargalsaikhan, DB & GTS LLP, Ulaanbaatar, j.enkhsaruul@dblaw.mn Abstract The asset quality review of Mongolian commercial banks has revealed a system-wide capital...
THE MINERALS LAW OF MONGOLIA HAS BEEN AMENDED
On 26 March 2019, the Parliament of Mongolia (the "Parliament") introduced two main changes to the Minerals Law of Mongolia (the “Minerals Law”) by enacting the Law on Amendments to the Minerals Law (the “Recent Amendments”). We will briefly discuss below the main...