Laws & Regulations

Legal & regulatory framework of the Maldives Capital Market 

Laws

Securities Market Regulations

Issuers

Regulations on Issuance of Securities 2011 | Dhivehi | English


Regulation on Issuance of Sukuks | Dhivehi


Securities (Continuing Disclosure Obligations of Issuers) Regulations 2010 | Dhivehi | English


Securities (Continuing Disclosure Obligations of Issuers) Regulations 2010 (First Amendment) | Dhivehi


Fit & Proper Guidelines for Director of Listed Companies | Dhivehi | English


Guidelines on Voting by Proxy at General Meetings of Listed Companies | English


Guidelines on Approving Advertisements Relating to Securities | English


Corporate Governance Code | English


 

Market Intermediaries

Stock Exchange Company Licensing Regulation | Dhivehi | English


Regulation on Licensing and Conduct of Central Depository | Dhivehi | English


Dealers & Dealer's Representative Licensing Regulation | Dhivehi | English


Dealers & Dealer's Representative Licensing Regulation (First Amendment) | Dhivehi 


Regulation on Conduct of Securities Business | Dhivehi | English


Regulation on Anti-Money Laundering in Securities Related Transactions | Dhivehi


Fit & Proper Guidelines for Market Intermediaries | Dhivehi


Securities (Compensation Fund) Regulation 2010 | Dhivehi | English


Off - Market Securities Transfer Rules | Dhivehi


Regulation on registering and operating Investment Funds | Dhivehi | English


Regulation on Investment Advisers | Dhivehi | English


Regulation on Institutions providing Custodial Services | Dhivehi | English


Rules on Credit Rating Agencies | Dhivehi | English


Regulation on registration of Sharia Advisers | Dhivehi | English


Regulation on registration of Sharia Advisers (First Amendment) | Dhivehi

Islamic Capital Market Regulations

Definition of Securities | Dhivehi


Regulation on Capital Market Sharia Advisory Council | Dhivehi


Regulation on Issuance of Sukuk Securities | Dhivehi | English


Approved concepts & principles for the purpose of Structuring, Documenting and Trading of Sharia Compliant Securities | Dhivehi | English


Regulation on Sharia Screening of Equity Securities | Dhivehi | English


Regulation on registration of Sharia Advisers | Dhivehi | English


Regulation on registration of Sharia Advisers (First Amendment) | Dhivehi

Maldives Stock Exchange Rules

Operational Rules of the Maldives Stock Exchange | English


Trading Membership Rules of Maldives Stock Exchange | English


Listing Rules (Effective from 21st December 2015) | English

Maldives Securities Depository

Rules of the Maldives Securities Depository | English