Regulations detailing leniencies under FX Act enacted

9 hours ago

  The Maldives Monetary Authority (MMA) has amended two regulations linked to the recent changes to the Foreign Exchange Act, detailing leniencies granted under the law. The amendments were published on the Government Gazette on Thursday, and took immediate effect. President Dr. Mohamed Muizzu ratified the amendments to the Foreign Exchange Act on September 31, bringing changes to the standards by which businesses