News

The Ministry of Justice and Legal Affairs issued the Ministerial Decision No. (130/2022)

22/12/2022

The Ministry of Justice and Legal Affairs issued the Ministerial Decision No. (130/2022) on the regulations of the supervision of lawyers, law firms and civil firms regarding Combating Money Laundering and Terrorism Financing.

Sultanate of Oman and the United Arab Emirates signed an MOU on information exchange related to money laundering and financing of terrorism

28/09/2022

Sultanate of Oman and the United Arab Emirates signed (16) agreements and MOUs on 28th September 2022 to enhance the strategic partnership between the two countries including an MOU on information exchange related to money laundering and financing of terrorism crimes.

Workshop on "the role of lawyers in the process of Anti-Money Laundering and Combating Financing of Terrorism"

18/09/2022

The Ministry of Justice and Legal Affairs organized a workshop on 18th September 2022 on “the role of lawyers in the process of Anti-Money Laundering and Combating Financing of Terrorism.

On the accession of the Sultanate of Oman to the International Convention for the Suppression of Acts of Nuclear Terrorism.

18/09/2022

His Majesty has issued a Royal Decree 61/2022 on the accession of the Sultanate of Oman to the International Convention for the Suppression of Acts of Nuclear Terrorism.

The workshop of “Suspicion indicators and the mechanisms of reporting suspicious financial transactions”

26/07/2022

The workshop of “Suspicion indicators and the mechanisms of reporting suspicious financial transactions” highlighted the method of reporting suspicious money transactions, the role of the National Center for Financial Information in receiving reports, suspicion indicators in the capital market and insurance sectors as well as the format of reporting. This workshop is part of a series of programs and sessions on Anti-Money Laundering and Combating Financing of Terrorism conducted by the AML-CFT Department of the Capital Market Authority plan for 2022 which was held in cooperation with other Omani and foreign entities.

An awareness session on combating money laundering and terrorism financing

26/05/2022

The National Committee for Countering Money Laundering and Terrorism Financing held an awareness session on combating money laundering and terrorism financing to raise the awareness of the financial and non-financial institutions in the Sultanate of Oman about the risks and establish the appropriate controls to reduce them.

The National Center for Financial Information and Oman Credit and Financial Information Center (Mala’a) signed a cooperation program

08/03/2022

The National Center for Financial Information and Oman Credit and Financial Information Center (Mala’a) signed a cooperation program on 8th March 2022 to activate the online communication in order to enhance the information systems in the field of Anti-Money Laundering and Countering Financing of Terrorism.