The law to make an addition to the law to prevent, fight, and minimize the adverse effects of the Coronavirus /COVID-19/ pandemic on society and the economy was passed by the Mongolian National Parliament on January 29th, 2021 and put into effect on that day.
In Section 10.11 of Article 10 of the law, it states that “During the duration of the effective period, regardless of when the foreign currency deposit contract was drawn, the total foreign currency deposits of the bank will not adhere to the Bank deposit insurance law, and the reimbursement addressed in the law’s Section 8.1 and Section 15.4, will not be given to foreign currency deposits.
The amendments to the law to prevent, fight, and minimize the adverse effects of the Coronavirus /COVID-19/ pandemic on society and the economy will be effective until June 30th, 2021
Коронавируст халдвар/ КОВИД-19/-ын цар тахлаас урьдчилан сэргийлэх, тэмцэх, нийгэм эдийн засагт үзүүлэх сөрөг нөлөөллийг бууруулах тухай хууль https://www.legalinfo.mn/law/details/15312?lawid=15312
Банкин дахь мөнгөн хадгаламжийн даатгалын тухай хууль https://www.legalinfo.mn/law/details/9022