Financial Services Authority FSA
Supervises
InsuranceCapital MarketsAsset & Wealth ManagementPayments & FintechCrypto / VDACorporates (Listed)
Activity · 90 days
Laws & RegulationsEnforcementNews
Source pages
Who they are
Created by Royal Decree 20/2024 as a body attached to the Council of Ministers, taking over the assets, staff and functions of the Capital Market Authority. It also took over regulation of the accounting and auditing profession from the Ministry of Commerce, Industry and Investment Promotion.
What they do
Regulates the insurance sector, the capital market and the accounting and auditing profession, and supervises AML/CFT compliance by capital market and insurance firms. It also licenses securities companies, registers virtual asset service providers and co-runs a fintech sandbox with the Central Bank.
Key laws & regulations issued
- Act مرسوم سلطاني رقم 20/2024 بإنشاء هيئة الخدمات المالية وإصدار نظامها (Royal Decree 20/2024 Establishing the Financial Services Authority and Promulgating its System) 2024
- Act مرسوم سلطاني رقم 46/2022 بإصدار قانون الأوراق المالية (Securities Law, Royal Decree 46/2022) 2022
- Act Royal Decree 18/2019 Promulgating the Commercial Companies Law 2019
- Guideline Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Guidelines for Financial Institutions
- Guideline Code of Corporate Governance for Public Listed Companies
- Guideline FSA-CBO Fintech Co-Regulatory Sandbox
Enforcement by this regulator
| Date | Entity | Action | Penalty | Source |
|---|---|---|---|---|
| 12 Oct 2026 | Thara Global Business LLC (securities sector company) | Licence Action | — | official |
| 5 Oct 2026 | Account for Accounting and Auditing Services (accounting and auditing firm) | Formal Reprimand | — | official |
| 19 Aug 2026 | Ideal Value Auditing and Financial Consultancy (accounting and auditing firm) | Licence Action | — | official |
| 12 Aug 2026 | United Mawa Projects (accounting and auditing firm) | Licence Action | — | official |
| 23 Jul 2026 | Gulf Center Consultancy and Audit (accounting and auditing firm) | Formal Reprimand | — | official |
| 23 Jul 2026 | Wayt United (accounting and auditing firm) | Formal Reprimand | — | official |
| 14 Jul 2026 | Reliance Audit firm (accounting and auditing firm) | Licence Action | — | official |
| 1 Oct 2025 | Oman Telecommunications Company (Omantel) S.A.O.G. (listed company) | Remedial Direction | — | official |
| 15 Jun 2025 | Oman International Auditing and Consulting (accounting and auditing firm) | Formal Reprimand | — | official |
Latest news
No news tagged to this regulator yet.
Related regulators
Others in Oman supervising overlapping sectors.