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.
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 EITI 2017 Annual Progress Report and 2017 work plan implementation report.
This is Mongolia's 2016 EITI Report, published in December 2017.
This is Mongolia's three-year beneficial ownership roadmap (2017-2020).
On 13 February 2018 Mongolia was found to have made satisfactory progress on implementing the 2016 EITI Standard. See Board decision 2018-14/BM-39
In the second Validation, the EITI International Secretariat has assessed the progress made in addressing the ten corrective actions established by the EITI Board following the first Validation.
Oversight by the multi-stakeholder group (Requirement 1.4.b.vi &
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