FSA Board of Directors holds second meeting of 2026

The Board of Directors of the Financial Services Authority (FSA) convened its second meeting of 2026 in Muscat, chaired by Dr. Khamis Saif Al Jabri, Minister of Economy and Chairman of the Board. The meeting focused on reviewing financial performance and enhancing the management of financial resources.

Key agenda items included a thorough review of the FSA's financial statements and those of its affiliated funds for the period ending April 2026. The Board also assessed the regulatory controls governing the registration of both Omani and non-Omani brokerage firms. This assessment aims to refine the regulatory environment for financial brokerage and improve services for investors. Additionally, the effectiveness of linkage arrangements with regional markets and their impact on the Muscat Stock Exchange (MSX) were discussed.

Further deliberations involved updates on regulatory oversight activities and measures to advance the accounting and auditing profession. These efforts are part of the FSA's broader commitment to elevating professional practices and raising regulatory standards within the sector. The Board also monitored the implementation status of the Capital Market Incentive Programme, examining progress against its targets and strategic plans.

Performance indicators for the first quarter of 2026 were also presented, highlighting key results and metrics aligned with the FSA's objectives. The Board underscored the importance of continued efforts in implementing development initiatives and boosting the efficiency of financial markets and sectors under its supervision. The ultimate goal is to support the sustainability of the non-banking financial sector and reinforce investor confidence in Oman's investment landscape.