Within the framework of its “Code of Ethics,” Transcapital adheres to the following principles:
1. Compliance with Laws
We fulfill our obligations in accordance with the laws of Mongolia, regulatory requirements, and contractual agreements, and operate with integrity within the legal framework.
2. Environmental and Social Responsibility
We prioritize environmentally and socially responsible practices and implement relevant laws and regulations.
3. Human Rights and Equality
• Ensure fair and equal compensation
• Provide a safe and healthy working environment
• Assign work effectively and promote work-life balance
• Support employees’ learning, growth, and development
• Protect personal data and confidentiality
• Maintain zero tolerance for workplace harassment, sexual harassment, corruption, and fraud
4. Commitment to Integrity
• Conduct operations in a fair, transparent, and open manner
• Ensure all product and service advertising is accurate, clear, and compliant with laws
• Do not support political parties or movements
• Lead by example in ethical conduct
• Build a team grounded in professionalism and integrity
• Uphold laws, human rights, and the public interest
5. Accurate and Transparent Reporting
We provide timely, accurate, and reliable reports and information to regulators, partners, and the public in accordance with applicable laws and regulations.
Transcapital operates in compliance with the following laws of Mongolia and international standards:
• Law on Combating Money Laundering and Terrorism Financing
• Law on Combating the Proliferation of Weapons of Mass Destruction and Terrorism
• Regulations and guidelines issued by the Bank of Mongolia, the Financial Regulatory Commission, and other authorities
• Recommendations of the FATF (Financial Action Task Force)
• International sanctions (UN, EU, UK, OFAC)
Programs and Activities
We implement the “Anti-Money Laundering, Counter-Terrorist Financing, and Counter-Proliferation of Weapons of Mass Destruction Program” in our operations.
Customer Due Diligence
To prevent our clients from financial crimes and illegal activities, we carry out Customer Due Diligence as part of providing financial services and establishing business relationships.
Information Updates and Service Restrictions
As part of Customer Due Diligence, we update client information and may request additional necessary information. If such information is not provided, Transcapital may refuse to deliver services.
Regardless of gender, employees and clients are ensured equal conditions and opportunities, free from gender discrimination.
Equal treatment is ensured regardless of differences in age, gender, social group, occupation, position, beliefs, marital status, education, or other characteristics.
Gender considerations are integrated into policies, procedures, strategies, and reporting.
Accurate and reliable information is provided to clients, partners, third parties, and the public.
