BML partners with CA Maldives to strengthen accounting and finance sector

Bank of Maldives (BML) has signed an agreement with the Institute of Chartered Accountants of Maldives (CA Maldives) to strengthen the country’s accounting and financial sector.

BML said the partnership will help develop skills, share knowledge, and uphold ethical standards in the field, while providing long-term benefits to both institutions and the Maldivian economy.

Under the agreement, the two parties will collaborate on public awareness initiatives, policy formulation, capacity-building programs, and efforts to strengthen the accounting and auditing sector.

BML CEO and Managing Director Mohamed Shareef described the agreement as a key step towards raising professional standards.

“With the important work to be done with CA Maldives, we aim to enhance capabilities, promote best practice in the sector, and further strengthen our current role in developing the financial sector and economy in the country,” Shareef said.

BML, which last year supported CA Maldives in hosting Maldives Accountants Forum, reiterated its commitment to supporting individuals, businesses, and society across Maldives.