What are the key laws forming the legal foundation of the Fund?

The following laws define the structure, mandate, and legal environment of the Sovereign Wealth Fund:

• Law on the Sovereign Wealth Fund
  Regulates the establishment of the Fund, its types and purposes, revenue sources, asset sustainability, reporting requirements, and oversight mechanisms.

What are the key laws forming the legal foundation of the Fund?

The following laws define the structure, mandate, and legal environment of the Sovereign Wealth Fund:

• Law on the Future Heritage Fund
  Governs the establishment of the Future Heritage Fund, accumulation of assets, distribution of returns, governance structure, reporting, and oversight.

What are the key laws forming the legal foundation of the Fund?

The following laws define the structure, mandate, and legal environment of the Sovereign Wealth Fund:

• Law on the State Budget
  Regulates how the Fund’s revenues and expenditures are recorded, allocated, and monitored within the national budget framework.

What are the key laws forming the legal foundation of the Fund?

The following laws define the structure, mandate, and legal environment of the National Wealth Fund:

• Law on the Central Bank
  Provides the institutional basis for the Central Bank to hold Fund assets, manage accounts, conduct transactions, and oversee foreign currency management.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Regulation for the Implementation of the Law on the Sovereign Wealth Fund
  Details procedures for asset sources, management, utilization, and reporting standards.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Regulation for the Implementation of the Law on the Future Heritage Fund
  Governs asset accumulation, account management, governance, expenditure limits, reporting, and oversight.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

Law on the Sovereign Wealth Fund Budget for 2025
Provides the legal basis for aligning Fund revenues, assets, and expenditures with the state budget. 

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Law on the Sovereign Wealth Fund Budget for 2026
  Provides the legal basis for aligning Fund revenues, assets, and expenditures with the state budget.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Minerals Law of Mongolia
  Establishes royalties and other mineral-related payments, forming a core revenue source of the Fund.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

Law on Nuclear Energy
Regulates exploration, processing, export, safety, and state oversight related to nuclear minerals such as uranium. 

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Law on Corporate Income Tax
  Defines the calculation, payment, exemptions, penalties, and deductions applicable to corporate profits.

How are the Fund’s assets accumulated?

This category includes laws and regulations governing the sources, structure, accumulation of Fund assets, and their integration with the state budget:

• Law on Fiscal Stability
  Sets principles related to fiscal discipline, budget deficits, debt limits, reserve funds, risk management, and counter-cyclical fiscal policy.

How are the Fund’s assets managed and grown?

This category includes policy documents defining investment principles, risk tolerance, and asset allocation frameworks:

• Regulation for the Implementation of the Law on the Future Heritage Fund
  Governs asset accumulation, account management, governance, expenditure scope, reporting, and oversight.

How are the Fund’s assets managed and grown?

This category includes policy documents defining investment principles, risk tolerance, and asset allocation frameworks:

• Government Resolution No. 72 (2025)
  Approves the asset management principles and policies for the Future Heritage Fund and the Accumulation Fund.

How are the Fund’s assets managed and grown?

This category includes policy documents defining investment principles, risk tolerance, and asset allocation frameworks:

• Government Resolution No. 72 (2025)
  Approves the asset management principles and policies for the Future Heritage Fund and the Accumulation Fund.
• Annex 1: Asset Management Policy of the Future Heritage Fund

How are the Fund’s assets managed and grown?

This category includes policy documents defining investment principles, risk tolerance, and asset allocation frameworks:

• Government Resolution No. 72 (2025)
  Approves the asset management principles and policies for the Future Heritage Fund and the Accumulation Fund.
• Annex 2: Asset Management Policy of the Accumulation Fund

How is the Fund’s day-to-day operation regulated?

These laws support the implementation of policy-level legislation and regulate operational aspects of the Fund:

• Law on the Government of Mongolia
  Defines the authority, responsibilities, and decision-making powers of state bodies overseeing the Fund

How is the Fund’s day-to-day operation regulated?

These laws support the implementation of policy-level legislation and regulate operational aspects of the Fund:

• Company Law
  Regulates company formation, ownership, governance, and dissolution in Mongolia.

How is the Fund’s day-to-day operation regulated?

These laws support the implementation of policy-level legislation and regulate operational aspects of the Fund:

• Regulation on Establishing and Managing Individual Savings Accounts for Citizens
  Defines procedures for account creation, data registration, return distribution, and withdrawals for citizens.

How is the Fund’s day-to-day operation regulated?

These laws support the implementation of policy-level legislation and regulate operational aspects of the Fund:

• Law on State and Local Government Property
  Governs ownership, management, and use of state and local government assets.

How is the Fund’s day-to-day operation regulated?

These laws support the implementation of policy-level legislation and regulate operational aspects of the Fund:

• Law on Government Special Funds
  Regulates the establishment, expenditure, oversight, and reporting of government-administered special funds.

How is the Fund aligned with national development objectives?

Article 5 of the Law on the Sovereign Wealth Fund requires the Fund’s operations to be based on Mongolia’s long- and medium-term development policies. Accordingly, the following policy documents guide alignment between the Fund and national development priorities.

How is the Fund aligned with national development objectives?

Article 5 of the Law on the Sovereign Wealth Fund requires the Fund’s operations to be based on Mongolia’s long- and medium-term development policies. Accordingly, the following policy documents guide alignment between the Fund and national development priorities

How is the Fund aligned with national development objectives?

Article 5 of the Law on the Sovereign Wealth Fund requires the Fund’s operations to be based on Mongolia’s long- and medium-term development policies. Accordingly, the following policy documents guide alignment between the Fund and national development priorities.