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Regulation, Risk & Compliance
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Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact
On January 1, 2025, Oman enacted the New Banking Law (Royal Decree 2 of 2025), replacing the Old Banking Law (Royal Decree 114 of 2000). This sweeping regulatory overhaul enhances governance, supervision, and financial stability in Oman’s banking sector. It also strengthens the role of the Central Bank of Oman…
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