External Relations

International memberships


  • Ordinary Member of International Organization of Securities Commissions (IOSCO) - For strengthening securities market regulation & pave way for market development (from June 2010)
  • Governing Member of International Organization of Pension Supervisors (IOPS) – For strengthening pension supervision functions of CMDA (from Dec 2011)
  • Affiliate Member of South Asian Federation of Exchanges (SAFE) – For the development the Maldives Stock Exchange (from June 2010)


Bilateral MoUs


  • International Center for Islamic Education & Training (INCEIF) – For providing education & training in Islamic Finance for the development of the Maldives Islamic Capital Market (From April 2016)
  • Public Services Media (PSM) - For creating awareness of the Maldives Capital Market and financial & economic activities in the Maldives (From September 2016)
  • Islanders Education Pvt Ltd - For creating market awareness among students (young investors) - (From January 2018).


Other associations


  • Standing Committee for Economic & Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) –Engaging in COMCEC Capital Markets Regulators Forum, Islamic Finance Taskforce and in other capital market related taskforces (Since September 2012).