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President Mohamed Muizzu decided at a cabinet meeting on Sunday to establish a development bank named 'Maldives International Financial Services Authority' (MIFSA), which was tasked with drafting regulations for onshore banking operating licences. The cabinet also tasked Bank of Maldives with introducing e-wallet services within a week and instructed agencies to formulate bills on international financial centres and cybersecurity.
Sources1carried itMR1 of 19 news outlets we monitor
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Who said what
the reports' own quoted words, each once
The President has tasked the Maldives International Financial Services Authority with drafting regulations for issuing Onshore Banking Operating Licenses