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A digest of news and opinion from the Maldives.

Capital Market Development Authority (CMDA)

Mohamed Hussain Maniku Appointed as CEO of Capital Market Development Authority

Mohamed Hussain Maniku Appointed as CEO of Capital Market Development Authority

1 min read

The Capital Market Development Authority (CMDA) has announced Mr Mohamed Hussain Maniku as its Chief Executive Officer (CEO). Mr Maniku previously served as the CEO of Maldives Pension Administration Office. His new position has been appointed is as per the Maldives Securities Act (Law No. 2/2006) clause 6 (b). The details of the current composition […]

CMDA Extends the Deadline for Publishing Assessment Report in Relation to Covid-19

CMDA Extends the Deadline for Publishing Assessment Report in Relation to Covid-19

1 min read

Capital Market Development Authority (CMDA) has extended the deadline to publish the first-quarter report and the second quarter report including a COVID-19 assessment report to 31st July. These reports are published under the law number 2019/R-1050. CMDA has stated that if any transaction that brings changes to the value of shares has taken place or […]