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Terms & Legal

Promises
Maldives Monetary Authority Made 26 October 2026

Publish the names of parties that miss their foreign currency conversion obligations in accordance with its policy

Promised Medium impact
Where it stands today No news yet. It stays “Promised” until an article or an official page shows a change. Since 26 October 2026

The story so far

Newest first
Promised Where it was made

The promise was made

Key numbers in the article
40 per cent Required conversion of monthly gross foreign currency sales by Category A tourism establishmentsUSD 500 per tourist Removed alternative conversion option for Category A establishmentsUSD 25 per eligible tourist arrival Per-tourist conversion option for Category B establishments
Exact words from the article
“MMA said the names of parties that miss their obligations would be published in accordance with its policy.”

MMA to Publish Names of Businesses Missing Foreign Currency Conversion Deadline · Corporate Maldives · 26 Oct 2026 Source (opens Corporate Maldives in a new tab)

No developments have been recorded yet. Until one is, the promise stays at “Promised”.