The Extractive Industries Transparency Initiative (EITI) requires its 52 implementing countries to disclose beneficial ownership information by 1 January 2020. Since the requirement was agreed by the EITI Board in 2016, several governments have introduced reforms. There have been varying degrees of progress given the different political contexts, government systems and levels of capacity. However, considerable progress has been made in developing legal frameworks, increasing awareness among stakeholders,
This EITI Report covers Mongolia extractive sector in 2017. It was published in December 2018.
This is Mongolia EITI's 2018 Work plan.
The EITI International Secretariat has performed the following assessment of routine online disclosures in Mongolia’s extractive sector to examine the country’s readiness to mainstream EITI implementation. The assessment follows the Terms of Reference for a mainstreaming feasibility study and reviews the extent to which there is:
(1) routine disclosure of the data required by the EITI Standard in requisite detail, and(2) whether the financial data is subject to credible, independent audit, applying international standards.
This is Mongolia's 2016 EITI Report, published in December 2017.
This is Mongolia EITI 2017 Annual Progress Report and 2017 work plan implementation report.
The Board agreed that Mongolia has made satisfactory progress on implementing the 2016 EITI Standard.
Description: see below for the decision in full. PDF attached at bottom of the page.
Where: 39th Board meeting in Oslo, Norway
Internal: Board paper 39-5-EPublic domain:Mongolia Validation 2018News item on the decision: Mongolia meets all requirements of the EITI Standard
This is Mongolia's three-year beneficial ownership roadmap (2017-2020).
This Validation has been completed.Mongolia was found to have made satisfactory progress.
Validation commenced on 11 January 2018.
Secretariat initial assessment was completed on 23 January 2018.
Comments from the MSG on the draft Validation report were received on 9 February 2018.
Recommendation from VC to Board on 30 January 2018 via Board Paper 39-5-E.
Board decision was made on 13 February 2018.
This is a report submitted by the Independent Validator SDSG on the findings of the 2016 Validations.
SDSG conducted Validations for Azerbaijan, Ghana, Kyrgyz Republic, Liberia, Mali, Mauritania, Mongolia, Nigeria, Norway, Peru, São Tomé & Príncipe, Solomon Islands, Tajikistan, and Timor-Leste