Regulatory Alerts2014-07-02
Circular CN-BSD/2014/3: Sending of Gifts to MMA Staff
The Maldives Monetary Authority issued Circular CN-BSD/2014/3 to formally discourage all regulated financial institutions from sending gifts to its staff. Assistant Governor Neeza Imad communicated this directive to maintain professional boundaries despite the regulator's appreciation for cordial relations with the industry. The notice serves as a clear policy statement prohibiting such practices by MMA employees.
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