Mongolia and Nepal will sign a
Memorandum of Understanding (MoU) on exchange of information to prevent money
laundering and terrorist financing at the 13th annual general meeting of the
Asia-Pacific Group on Money Laundering (APG) to be held in Singapore from July
12-16. The MoU will make it mandatory for the two sides to provide each other
information on bank transactions, and on investment in real estate and shares
by persons under suspicion.