Public online
Asset declarations in Mongolia: who declares and whether it is public
Laws
- Anti-Corruption Law, articles 10 to 14 (asset and income declarations)1
- Law on the Regulation of Public and Private Interests and Prevention of Conflict of Interest in Public Service (2012)2
Who must declare
Listed public officials, and candidates for the presidency, Parliament and citizens' representative khurals, according to the UNCAC review. The conflict of interest law also requires public officials and nominees to declare private interests.1,2
What is declared
Income, assets and liabilities of the official and family members, and a declaration of private interests. The conflict of interest law also covers bank accounts, deposits, movable and immovable assets, and offshore legal entities, and restricts certain offshore bank accounts.1,2
How often
Within 30 days of employment, annually by 15 February, and after a substantial change in income or assets. The UNCAC review noted that no declaration is required at the end of service.1,2
Public access
Declarations of high-ranking officials are published on the website of the Independent Authority Against Corruption (IAAC) and in the Government news magazine, and other declarations are made available to the public, according to the UNCAC review. The conflict of interest law states that declarations shall be open to the public and that registrars must provide unhampered access by citizens.1,2
Where to find declarations
Independent Authority Against Corruption of Mongolia website (https://en.iaac.mn/) for high-ranking officials. Other declarations are held by the registering body, such as the General Council of Courts for judges.1,2
Who verifies
The Independent Authority Against Corruption is the main verifying body. The Legal Standing Committee of the State Great Khural handles IAAC senior officials, the General Council of Courts handles judges, the General Election Commission handles candidates, and the State Great Khural Ethics Sub-committee reviews declarations of members of parliament on citizen requests or complaints.1,2
Sanctions in law
Disciplinary penalties from reprimand to dismissal for non-submission or incorrect data, according to the UNCAC review. Under the conflict of interest law, sanctions include a warning for excused late filing, a 30 percent pay cut for up to 3 months for repeated late filing, demotion for a false declaration and dismissal for failing to declare, and officials disciplined must publicize the penalty at their own expense. Cases with evidence of crimes such as illicit enrichment are referred to the General Prosecutor's Office.1,2
Notable developments
- The UNCAC second-cycle review recommended that Mongolia consider requiring declarations at the end of service and reporting of officials' authority over foreign financial accounts.1
Checked 28 October 2026.
Sources
- United Nations Office on Drugs and Crime, Executive summary: Mongolia, UNCAC Implementation Review Mechanism second cycle (CAC/COSP/IRG/II/4/1/Add.3) (26 January 2023)
- Unified Legal Information System of Mongolia (legalinfo.mn), Law of Mongolia on the Regulation of Public and Private Interests and Prevention of Conflict of Interest in Public Service (unofficial translation) (19 January 2012)