16 Hrs
Source:
أثير
Oman Financial to Open
The Sultanate of Oman has issued three laws to regulate the Oman Global Financial Centre under Royal Decrees Nos. 102, 103 and 104 of 2026. They cover the Centre’s operations, registration, licensing and supervision of financial institutions and services, as well as the organization of its courts and the resolution of disputes. The laws enshrine the independence of the Centre’s judiciary and establish frameworks for financial supervision and compliance, including measures to combat money laundering and terrorist financing. The decrees were issued on 10 November 2026 and published in issue No. 1674 of the Official Gazette. They take effect on the day following publication. The Centre is completing its regulations and preparations ahead of beginning to issue licences in early 2027.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)