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.
بسم الله الرحمن الرحيم
MALDIVES MONETARY AUTHORITY MALDIVES
Circular no: CN-BSD/2014/3
02nd July 2014
To: All MMA- Regulated Financial Institutions
Dear Sirs,
Re: Sending of Gifts to MMA Staff
As much as we appreciate cordial relation with the financial institutions, we highly discourage any kind of gifts from financial institutions to MMA staff.
Yours sincerely,
Neeza Imad Assistant Governor, Financial Stability
Email: mail@mma.gov.mv | Majeedhee Building | mail@mma.gov.mv :އީމެއިލް Website: www.mma.gov.mv | Boduthakurufaanu Magu, Male’ 20182 | www.mma.gov.mv :ވެބްސައިޓް Telex: 77144 MMA OPR MF | Phone: (960) 330 8679, (960) 330 8682, (960) 331 4940, (960) 331 2343 :ފޯން | 77144 MMA OPR MF :ޓެލެކްސް SWIFT: MMAUMVMV | Fax: (960) 332 3862 :ފެކްސް | MMAUMVMV :ސުވިފްޓް