الوطن
الوطن
Ready to play
Ready to play
The Securities Law and its related executive regulations aim to make the Omani Capital Market more efficient and competitive, with the goal of attracting both local and foreign capital and supporting the national economy. The regulations include measures to standardize financial activities, such as separating investment banking activities from other banking operations, regulating new types of investment funds like green and sustainable funds, and enhancing investor protection through clear supervisory procedures. Additionally, they promote financial technological innovation through a regulatory sandbox environment. These initiatives aim to improve the financing environment, diversify market instruments, and enhance transparency, all of which support market development and help achieve Oman Vision 2040 objectives. Institutions are granted until January 27, 2027, to comply with these requirements, with a grace period to strengthen capital adequacy and risk management.
Notice: This Is an AI-Generated Summary
Comments (0)