Tuesday 23 / June / 2026
Muscat: The Board of Directors of the Financial Services Authority (FSA) held its second meeting for 2026, chaired by Dr Khamis Saif Al Jabri, Minister of Economy and Chairman of the Board.
During the meeting, the Board reviewed the financial statements of the FSA and its affiliated funds for the period ending April 2026, as part of efforts to monitor financial performance and enhance the efficiency of financial resource management.
The Board also discussed a report on the assessment of regulatory controls governing the registration of Omani and non-Omani brokerage firms, contributing to the development of the regulatory environment of the financial brokerage sector and improving the efficiency of services provided to investors. It further reviewed the effectiveness of linkage arrangements with regional markets and their impact on the Muscat Stock Exchange (MSX). In addition, the Board reviewed updates on regulatory oversight activities and measures related to the development of the accounting and auditing profession, as part of the Authority’s efforts to enhance the quality of professional practices and raise regulatory standards in the sector.
In the context of monitoring strategic initiatives, the Board reviewed a report on the implementation status of the Capital Market Incentive Programme, including progress achieved against its targets and implementation plans. It also reviewed the FSA’s performance indicators report for the first quarter of 2026, highlighting key results and performance metrics aligned with its objectives and operational plans.
The Board emphasised the importance of continuing efforts to implement development initiatives and enhance the efficiency of financial markets and sectors under the FSA’s supervision, in a way that supports the sustainability of the non-banking financial sector and strengthens confidence in the investment environment in the Sultanate of Oman.
