Maldives Monetary Authority
E627776
The Maldives Monetary Authority is the central banking institution of the Maldives, responsible for issuing currency, formulating monetary policy, and regulating the country’s financial system.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
central bank
ⓘ
financial regulatory authority ⓘ |
| capitalCityOfJurisdiction | Malé NERFINISHED ⓘ |
| country | Maldives NERFINISHED ⓘ |
| currencyCode | MVR NERFINISHED ⓘ |
| currencyIssued | Maldivian rufiyaa NERFINISHED ⓘ |
| governs | monetary and financial stability in the Maldives ⓘ |
| hasAbbreviation | MMA NERFINISHED ⓘ |
| headquartersLocation | Malé NERFINISHED ⓘ |
| jurisdiction | Maldives NERFINISHED ⓘ |
| legalStatus |
government agency
ⓘ
public institution ⓘ |
| locatedInTimeZone | UTC+05:00 ⓘ |
| monetaryPolicyInstrument |
open market operations
ⓘ
policy interest rates ⓘ reserve requirements ⓘ |
| officialLanguageOfJurisdiction |
Dhivehi
NERFINISHED
ⓘ
English ⓘ |
| owner | Government of the Maldives NERFINISHED ⓘ |
| parentOrganization | Government of the Maldives NERFINISHED ⓘ |
| primaryFunction |
formulate monetary policy
ⓘ
issue currency ⓘ maintain price stability ⓘ manage foreign exchange reserves ⓘ promote financial stability ⓘ regulate financial system ⓘ regulate non-bank financial institutions ⓘ supervise banks ⓘ |
| regionServed | Republic of Maldives NERFINISHED ⓘ |
| regulates |
commercial banks in the Maldives
ⓘ
insurance companies in the Maldives ⓘ money remittance businesses in the Maldives ⓘ other financial institutions in the Maldives ⓘ |
| responsibility |
anti-money laundering supervision in the financial sector
ⓘ
banking supervision ⓘ exchange rate policy implementation ⓘ financial sector oversight ⓘ issuing regulations and directives for financial institutions ⓘ licensing of financial institutions ⓘ macroprudential policy ⓘ payment systems oversight ⓘ |
| sector |
banking
ⓘ
finance ⓘ monetary policy ⓘ |
| typeOfOrganization | non-commercial public body ⓘ |
| usesCurrencySystem | fiat money ⓘ |
| websiteLanguage | English ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.