Page last modified on Oct 5, 2008
Total page views: 489
2008 - CMDA and IFSB (Islamic Financial Services Board) jointly conducted the inaugural seminar on Islamic Capital Market in the Maldives.
2007- Introduction of a second Board to the Securities Trading Floor and listing the first private sector company on the exchange.
2007- Applications were opened for the private sector to form a Stock Exchange and a securities depository.
2006 -CMDA Formulated a Corporate Governance framework for the listed companies.
2006- Maldives Tourism Development Corporation (MTDC) issued shares to the public for the first time and was listed.
2006 Maldives Securities Depository became a member of Asia Pacific Central Securities Depository Group (ACG).
2006 -Clearing and settlement functions of the Securities Depository were introduced.
2006 - A new system for trading in securities was introduced in the Securities Trading Floor. 2006- Individuals were issued licenses as Dealer's representatives (brokers).
2006 - Market intermediaries (Dealing Companies) were licensed.
2006 - Capital Market and Corporate Governance Institute (CMCGI) was established.
2006 - Capital Market Development Authority (CMDA) was established.
2005 - Amendments were brought to the Companies Act (Law No: 10/96).
2005 - Securities quotes were made available via Dhiraagu SMS.
2005 - The Maldives Securities Depository was computerized.
2005 - Maldives Securities Act (Law No: 2/2006) was passed by the Parliament.
2005 - The Maldives officially participated in the South Asian Securities Regulator's Forum.
2005 - Securities Trading Floor became a member of the South Asian Federation of Exchanges (SAFE).
2004 - The Capital Market Development Section of MMA was converted to a division of the MMA.
2004 - Maldives Stock Exchange Index (MASIX ) was introduced.
2004 - Securities were included on the official list for the first time, and rules for quotation of securities was introduced.
2004 - The Maldives Securities Depository (MSD) was converted to scrip less system.
2003 - The first video documentary on the capital market was released to the public.
2003 - State Trading Organisation sold shares to the public for the second time.
2002 - Market price of companies that had issued shares to the public (STO, MTCC & BML) was established for the first time.
2002 - The Securities Trading Floor was established and the stock exchange website was inaugurated.
2001 - STO was registered as a public limited company and issued shares to the public for the first time.
2001 - The policy on the development of the capital market was announced by the Government.
2001 - The first Broker Training programme was conducted by the CMDS.
2001 - The first seminar on capital markets captioned ''Inaugural Seminar on Capital Markets'' was held.
2001 - A Capital Market Advisory Committee was established by the President.
1999 - The Capital Market Development Section ( CMDS) was established within the Maldives Monetary Authority.
1996 - The Companies Act (Law No: 10/96) was passed.
1993 - First Primary issue to the public by Bank of Maldives.
1981- Establishment of Maldives Monetary Authority (MMA) and the Bank of Maldives.
1980 - Establishment of the MTCC and its first primary share issue to the public.
