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On 30 August, the Maldives Monetary Authority (MMA) announced that two regulations for the implementation of Act No. 2025/13 (Insurance Act).
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The first phase of Youth Entrepreneurship Financing, launched by Bank of Maldives (BML) in collaboration with SME Digital, has successfully concluded, providing over MVR 300 million in financing to more...
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A Telegraphic Transfer (TT) Verification MoU has been signed between all banks operating in the Maldives and the Maldives Customs Service.
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The Maldives Monetary Authority (MMA) has outlined a long-term vision to strengthen the Maldivian Rufiyaa and reduce the economy’s dependence on the US dollar by 2030.
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The Maldives Monetary Authority (MMA) has announced the names of the resorts that do not exchange foreign currency in any way as per the Foreign Exchange Act.
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According to the latest Weekly Fiscal Developments Report released by the Ministry of Finance and Public Enterprises, the state received MVR 27.1 billion in revenue and grants as of August...
less than a min read
The Maldives Monetary Authority (MMA) has announced that the money exchange license of Express Money Exchange Private Limited has been revoked.
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The Maldives Monetary Authority (MMA) has invited public comment on the Financial Consumer Protection Regulation and the Simplified and Electronic Customer Due Diligence Regulation.
less than a min read
Bank of Maldives becomes the Platinum Partner of the 11th International Conference on Intellectual Advancement (ICIA), organised by the Islamic University of Maldives (IUM).
