Committee on Secondary Legislation
23 Jun 2026 Number M20/M/GV/2026/05
In today’s meeting, members discussed the issue sent requesting to prepare the statistics of regulations that need to be formed under the acts passed by the parliament and to take necessary actions to expedite the process. The committee secretariat was asked to obtain the necessary information to prepare the statistics mentioned.
Secondly the committee discussed the letter send by the Ministry of Homeland, Security and Technology regarding the regulations to be formed under the Act no 2/2022 (Electronic Transactions Act). As the ministry informed that they are in the process of finalizing the Dhivehi translation of the regulation, the committee decided to request the deadline of the process from the ministry.
Lastly, the committee discussed the issue sent by Maldives Financial Association raising concerns regarding the second amendment to the regulation on corporate governance for banks, insurance companies, and financial institutions. It was decided to share the information from the Maldives Monetary Authority regarding this issue with the association.
Mohamed Ibrahim
North Galolhu
Present
Ahmed Naseer
Ihavandhoo
Present
Mohamed Dawoodh
North Kulhudhuffushi
Present
Husnee Mubarik
Manadhoo
Present
Mohamed Abbas
Velidhoo
Official
Abdul Sattar Mohamed
Holhudhoo
Present
Ibrahim Naseem
Thulusdhoo
Present
Dr. Anara Naeem
Huraa
Present
Hassan Waheed
Vilifushi
Present
Ismail Shafeeu
Isdhoo
Present
Yoosuf Nasheed
Gan
Absent
29 Apr 2026
Issue sent requesting to prepare the statistics of regulations that need to be formed under the acts passed by the parliament.
Ongoing
16 Dec 2024
Letter sent to clarify whether the Ministry of Homeland, Security and Technology has formulated the regulations to be framed under Act no 2/2022 (Electronic Transactions Act).
Ongoing
20 Aug 2024
Issue sent by Maldives Financial Service Association regarding the second amendment brought to the Corporate Governance regulation of Insurance companies and Financial Institutions
Ongoing
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