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Mongolia
2008 (18 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Ochir Undraa OMZ
Company Information
Get to know Ochir Undraa OMZ
A subsidiary of the Ochir Undraa Group, Ochir Undraa OMZ LLC was established in 2000 and has become a leading entity in Mongolia's fuel and energy sector. The company's primary business involves the import, storage, and wholesale of a wide range of petroleum products. It operates a significant network of oil depots and terminals across the country, playing a crucial role in supplying fuel to major industrial consumers, particularly in the mining and infrastructure sectors, thereby contributing to the stable energy supply for Mongolia's economy.
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