Announcement
Course Fee: MVR 2,500/-
Online Transfer, should be credited to the following account.
Account Details: 7701156637003       
CMDA INCOME A/C
All bank charges (if any) should be borne by the applicant.
Payment and Confirmation:  Registration to the event is confirmed upon receipt of payment and application form.
Mode of Study: Face to Face
The role of a Company Secretary is evolving with the ever-changing business landscape. A Company Secretary plays the role of a mediator between the company and its Board of Directors, the government, shareholders, regulatory authorities and stakeholders. While ensuring that board procedures are effective, the Company Secretary also advises Boards on their statutory duties under the law extending to corporate governance requirements and best practices and help Boards with their relationship with the management.
This 2-day Programme equips existing Company Secretaries and individuals interested in becoming a Company Secretary, with knowledge of the Companies Act, Corporate Governance, and best practices to advise the Board of Directors whose conduct will significantly affect how companies are run.

Who should attend?

- Company Secretaries
- Individuals interested in becoming Company Secretaries

Presented by:

- Capital Market Development Authority (CMDA)
- Auditor General’s Office (AGO)
- Anti-Corruption Commission (ACC)
- Maldives Inland Revenue Authority (MIRA)
- Maldives Stock Exchange
Trainers:
- Subject experts from Maldives

Duration

  • 2 working days

Attendance Requirement & Certification

  • 80% Attendance is required to receive certification

Course Contents:

Corporate Governance (CG)

  • Principles of Corporate Governance
  • CMDA Corporate Governance Code
  • Board Dynamics
  • Governance Frameworks
  • Stakeholder Engagement

Overview of Companies Act 7/2023 & The CS Role

  • Introduction to Companies
  • Companies Act 10/96
  • The New Companies Act (7/2023)
  • Evolution of Company Secretaries’ Legal Role
  • Legal Duties and Responsibilities of a Company Secretary
  • Corporate Governance Codes

Understanding & Interpreting Financial Statements

  • Components of Financial Statement
  • Key Ratios for Governance
  • Audit and Assurance
  • Reliability and Limitations of Financial Information

Taxation in the Maldives

  • Income Tax
  • Non-resident Withholding Tax (NWT)
  • Employee Withholding Tax (EWT)
  • Income tax: Reporting and payment
  • Goods and services tax

Viyana (Private Securities Segment)

  • Introduction to Viyana
  • The Regulation on Issuance of Securities
  • Listing Rules for Viyana

Business Ethics & Risk Management

  • Understand core principles of business Ethics
  • Recognize ethical dilemmas and how to management them
  • Identify risk management responsibilities of board members
  • Integrate ethics into risk decision making

Corruption & Procurement

  • Anti-Corruption Legislation
  • Integrity in Procurement
  • Conflicts of Interest
  • Preventing Financial Crimes
  • Corruption Issues within Procurement and HR

Upcoming Training Schedules