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MMA Fines Finance Company MVR 500,000 and Suspends Licence Over Illegal Currency Trading

The Maldives Monetary Authority (MMA) has fined MS Finance Exchange Private Limited MVR 500,000 and suspended its currency exchange licence after finding the company in violation of regulations governing money-changing businesses.

10/19/2026

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news

MMA Fines Finance Company MVR 500,000 and Suspends Licence Over Illegal Currency Trading

Government Signs Agreements with Four Financial Institutions for Home Ownership Assistance Schemes

Four Suspects Test Positive for Drugs After Motorcycle Deliberately Hits Police Officer on Sinamalé Bridge

Six Arrested After Police Raid Apartment Allegedly Used as Drug Café

Man Arrested After Malé Resident Begins Hunger Strike Over Alleged Public Nuisance

MWSC Explores Underwater Desalination Project in Malé Region

Qatar Urges Stronger Efforts to Secure Gulf Maritime Routes

Master Dental Care Launches AlignMaster: First Maldivian-Made Clear Aligner Brand

Yemen announces military operation to retake Houthi-held territory

news

MMA Fines Finance Company MVR 500,000 and Suspends Licence Over Illegal Currency Trading

Government Signs Agreements with Four Financial Institutions for Home Ownership Assistance Schemes

Four Suspects Test Positive for Drugs After Motorcycle Deliberately Hits Police Officer on Sinamalé Bridge

Six Arrested After Police Raid Apartment Allegedly Used as Drug Café

Man Arrested After Malé Resident Begins Hunger Strike Over Alleged Public Nuisance

MWSC Explores Underwater Desalination Project in Malé Region

Qatar Urges Stronger Efforts to Secure Gulf Maritime Routes

Master Dental Care Launches AlignMaster: First Maldivian-Made Clear Aligner Brand

Yemen announces military operation to retake Houthi-held territory

MMA Fines Finance Company MVR 500,000 and Suspends Licence Over Illegal Currency Trading

Government Signs Agreements with Four Financial Institutions for Home Ownership Assistance Schemes

Fishermen Recover iPhones and Luxury Perfumes From Sunken Ship in Strait of Hormuz

Four Suspects Test Positive for Drugs After Motorcycle Deliberately Hits Police Officer on Sinamalé Bridge

Six Arrested After Police Raid Apartment Allegedly Used as Drug Café

Maldives Calls for Stronger Islamic Unity as It Marks 50 Years in OIC

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