For issuers

Comprehensive Services for registries and corporate actions

MSD supports listed companies and securities issuers with shareholder administration, corporate action processing, and end-to-end AGM services backed by FahiVote for digital meetings.

Listed Securities
12+
AGMs supported
115+
Votes Cast
5B+
Registry uptime
99.9%

Services that support shareholder administration, corporate actions, and regulatory compliance with the operational backbone of the Maldives' central depository.

Registry services

Accurate, real-time shareholder registers maintained centrally in the depository.

  • Maintenance of shareholder registers
  • Ownership reporting
  • Record date management

Corporate actions

End-to-end processing of issuer corporate actions on listed securities.

  • Dividend distribution
  • Bonus & rights issues
  • Share restructuring

AGM services

Powered by FahiVote

  • Electronic voting
  • Proxy management
  • Attendance & reporting

Securities admission

Onboarding of equity and debt instruments into the central depository for electronic holding and transfer.

Compliance & reporting

Regulatory reporting, disclosures, and shareholder analytics to support issuer obligations.

Issuer support

Dedicated relationship management and operational coordination for issuer-driven events.

Securities identification

ISIN & ANNA services

MSD is the National Numbering Agency for the Maldives and a registered member of the Association of National Numbering Agencies (ANNA). Issuers rely on MSD to obtain and maintain the international identifiers that make their securities clearly recognisable across markets, systems and jurisdictions.

ISIN allocation

A unique international code for each eligible instrument issued in the Maldives, including ordinary and preference shares, corporate bonds, sukuk and other eligible securities.

CFI and FISN assignment

Classification of Financial Instruments and the Financial Instrument Short Name, describing each instrument in a standardised, internationally recognised way.

Identifier maintenance

Identification records kept current through new issues, corporate actions, maturity, redemption, restructuring and other changes to security details.

ANNA - Association of National Numbering Agencies

As a registered ANNA member, MSD represents the Maldives within the global numbering agency network and issues identifiers under the official National Numbering Agency framework.

Visit ANNA

Featured platform

FahiVote

Run secure, paperless AGMs

Digital voting, proxy management, attendance tracking, and reporting all in one place. FahiVote is purpose-built for AGMs run on the Maldivian capital market.

AGMs run
115+
Votes cast
5,000M+

Get started

Onboard your securities with MSD

A clear path from listing approval to an active issuer relationship with MSD coordinating registry setup, depository admission, and ongoing services.

  1. 01

    Initial consultation

    Engage MSD to discuss your securities issuance, registry, and corporate action needs.

  2. 02

    Issuer agreement

    Execute the issuer services agreement and submit required corporate documentation.

  3. 03

    Depository admission

    Securities are admitted to the central depository for electronic holding and transfer.

  4. 04

    Live operations

    Ongoing registry, corporate action, and AGM services are activated under your account.

Common questions

Issuer FAQ

Answers to the most common questions from issuers and listed companies.

How does a company become an issuer with MSD?

Following listing approval from the relevant authority, the company executes an issuer services agreement with MSD. We then admit the securities to the central depository and set up the shareholder register.

Does MSD handle dividend distributions?

Yes. MSD administers corporate action entitlements including dividends, bonus shares, and rights issues based on the issuer payment instructions and the record date.

Can we run our AGM digitally?

Yes. FahiVote is MSD digital AGM platform supporting electronic voting, proxy management, attendance tracking, and reporting.

How are shareholder registers maintained?

Registers are maintained centrally in the depository in real time, reflecting all changes in ownership as they are processed.

What reporting is available to issuers?

MSD provides ownership analytics, record date snapshots, corporate action reports, and meeting attendance reports through dedicated issuer channels.