Regulatory Alerts1985-12-18
Added · Updated
Circular GM-24/85: Annual Closing
The Maldives Monetary Authority issued Circular GM-24/85 to mandate that all banks in the Maldives close their annual accounts on December 30th each year. The directive further requires banks to treat December 31st as a closed day for all public transactions. This regulation was issued by the Operations Division on December 18, 1985.
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