Thursday July 25 2024
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 21st July 2024, the Securities and Exchange Commission of Sri Lanka (SEC) and the Capital Market Development Authority of Maldives (CMDA) signed a landmark Memorandum of Understanding (MOU). The scope primarily covers secondary listings by Maldivian companies on the Colombo Stock exchange (CSE), as well as extends to mutual collaboration, capacity building assistance and regulatory information exchanges between the two capital market regulators to ensure compliance with laws and regulations across both jurisdictions.
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