BML signs MoU with CA Maldives to strengthen financial sector

Bank of Maldives (BML) and the Institute of Chartered Accountants of the Maldives (CA Maldives) have signed a memorandum of understanding to enhance the accounting and financial sector in the Maldives.
Under the agreement, BML and CA Maldives will collaborate on public awareness, regulatory development, and building professional capabilities in accounting and auditing.
BML CEO and Managing Director Mohamed Shareef described the MoU as an important step toward raising professional standards in finance and accounting nationwide. “Our goal is to increase capabilities, promote best practices, and expand our role in developing the Maldives’ financial sector and economy,” he said.
According to BML, the partnership aims to strengthen skills, knowledge, and ethical standards across the sector, providing long-term benefits for institutions and the wider economy.
Last year, BML supported CA Maldives in hosting the Maldives Accountants Forum (MAF), which provided education and training to members and professionals in the field.
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