Capital Market Development Authority
CMDA is an independent institution established under the Maldives Securities Act 2/2006 for developing and regulating the capital market in the Maldives.
The CMDA has statutory powers to license securities market intermediaries including brokers, dealers, investment advisers, asset managers, custodians, credit rating agencies as well as stock exchanges and central depositories.
The CMDA also has the mandate for supervision of the Maldives Pension Retirement Scheme (MRPS) under the Maldives Pension Act 8/2009.
Announcements
Institute Of Corporate Directors And Secretaries
ICDS is a training institute established by CMDA with the aim to raise corporate governance (CG) standards in companies and help directors and secretaries carry out their duties and responsibilities more effectively, and ultimately, to promote a more vibrant and attractive capital market in the Maldives.
