The Capital Market Development Authority (CMDA) is responsible for developing and regulating the capital market in the Maldives. CMDA issues license to securities market intermediaries including brokers, dealers, investment advisers, as well as stock exchange and central depository.

Primary Market
	Companies Act : (Companies Act of the Republic of Maldives Law no: 10/96)
Secondary Market
	Securities Act
	Securities Act 2/20060 - Click here to download PDF
	Download the unofficial English translation of Securities Act
	Licensing & Conduct of Buisness Regulations
	1. Regulation on conduct of Business (Dealers)
	2. Dealers-dealers representatives licensing forms
	3. Dealers-dealers representatives licensing regulation
	4. Stock Exchange Licensing Regulations
	5. Central Depository Lincesing Regulation
	Securities (General) Regulations 2007
	English - Click to download PDF
	Listing Rules
	Main Board Listing Rules (download PDF): » English
	Second Board Listing Rules (download PDF): » English
	Code of Corporate Governance
	English - Click to download PDF
	Trading Policy
	Click here to download PDF file of the trading policy
	Maldives Securities Depository
	MSD Rules
Fees and Fines of Maldives Stock Exchange
	Fee and fine Schedule