The Maldives Monetary Authority has proposed amendments to the National Payment System Act and the Foreign Currency Act to support financial system stability and integrity, strengthen the domestic foreign exchange market and adapt the frameworks to changing market conditions and operational requirements.
Maldives Monetary Authority2026-08-12
Maldives Monetary Authority proposes amendments to payment systems and foreign currency laws
The Maldives Monetary Authority has proposed amendments to the National Payment System Act and the Foreign Currency Act to strengthen financial system safeguards and the domestic foreign exchange market.