Design and implementation of a capacity development program – experience with combating money laundering and financing of terrorism in Mongolia

– This paper aims to share experience in the design and implementation of a two-year capacity development program for combating money laundering and financing of terrorism in Mongolia.

– The paper reflects the experience of the authors in the design and implementation of the program with inputs from their counterparts in Mongolia.

– The program outcomes and the level of collaboration are generally positive, and the authorities and the Asian Development Bank agreed on a two-year extension of the program to further the progress made.

– The authors hope to share key reflections from the program for the purpose of other similar programs or studies in the field of combating money laundering and financing of terrorism.