Memorandum of Understanding (MOU) between Financial Intelligence Units (FIUs) serves as a cornerstone for fostering effective international cooperation in the fight against money laundering, terrorism financing, and the financing of proliferation. Such agreements create a structured framework for the secure and efficient exchange of information, guided by mutual interests, a shared commitment to transparency, and adherence to domestic legal regulations.
As of 2024, FIU-Mongolia has bilateral MOUs with FIUs from twenty-three jurisdictions, strengthening its network for collaborative efforts and information sharing. This strategic cooperation underscores FIU-Mongolia’s dedication to aligning with global standards and enhancing its capabilities in combating financial crimes. (Refer to Table 1 for details.)
Table 1. Memorandum of Understanding with FIUs in other Jurisdictions
| № |
Jurisdiction* |
Title of FIU |
Full name of FIU |
Date of signing |
|---|---|---|---|---|
| 1 |
TÜRKIYE |
MASAK |
Financial Crimes Investigation Board Turkey |
February 13, 2008 |
| 2 |
CHINA |
CAMLMAC |
China Anti-Money Laundering Monitoring and Analysis Center |
September 4, 2008 |
| 3 |
AFGHANISTAN |
FinTRACA |
Financial Transactions and Reports Analysis Center of Afghanistan |
July 10, 2008 |
| 4 |
MALAYSIA |
UPWBNM |
Financial Intelligence Unit - Malaysia |
January 25, 2010 |
| 5 |
UKRAINE |
SFMS |
The State Financial Monitoring Service of Ukraine |
May 27, 2010 |
| 6 |
BANGLADESH |
BFIU |
Bangladesh Financial Intelligence Unit |
July 10, 2010 |
| 7 |
MEXICO |
FIU-Mexico |
Financial Intelligence Unit-Mexico |
July 10, 2010 |
| 8 |
NEPAL |
FIU-Nepal |
Financial Information Unit |
July 13, 2010 |
| 9 |
SLOVENIA |
OMLP |
Office for Money Laundering Prevention Slovenia |
July 12, 2011 |
| 10 |
RUSSIA |
FFMS |
Federal Financial Monitoring Service Russia |
July 13, 2010 |
| 11 |
TAIWAN |
AMLD |
Anti-Money Laundering Division Taiwan |
December 7, 2011 |
| 12 |
JAPAN |
JAFIC |
Japan Financial Intelligence Center |
May 29, 2012 |
| 13 |
BELARUS |
DFM |
The Department of Financial Monitoring of the State Control Committee of the Republic of Belarus Belarus |
July 10, 2012 |
| 14 |
PHILIPPINES |
AMLC |
Anti-Money Laundering Council Philippines |
July 10, 2012 |
| 15 |
SRI LANKA |
FIU-Sri Lanka |
Financial Intelligence Unit of Sri Lanka |
July 11, 2012 |
| 16 |
MOLDOVA |
SPCSB |
Office for Prevention and Fight Against Money Laundering Moldova |
July 12, 2012 |
| 17 |
KAZAKHSTAN |
CFM |
Committee on Financial Monitoring of the Ministry of Finance of the Republic of Kazakhstan |
June 10, 2016 |
| 18 |
REPUBLIC OF KOREA |
KoFIU |
Korea Financial Intelligence Unit |
August 31, 2016 |
| 19 |
KYRGYZ REPUBLIC |
SFIS |
The State Financial Intelligence Service under the Government of the Kyrgyz Republic |
May 24, 2018 |
| 20 |
TIMOR-LESTE |
UIF Timor-Leste |
The Unidade de Informação Financeira of Timor-Leste |
November 11, 2021 |
| 21 |
CAMBODIA |
CAFIU |
The Cambodia Financial Intelligence Unit |
April 14, 2022 |
| 22 |
MACAU |
GIF |
The Financial Intelligence Office of the Macao Special Administrative Region of the People’s Republic of China |
September 4, 2023 |
| 23 |
LAO PDR |
AMLIO |
The Anti-Money laundering intelligence office of the Lao People’s democratic republic |
December 13, 2023 |
*Listed in order of date of signing of the MOU