Capital Markets Authority - Oman
CMA Suspends General Meetings of SAOGs and Investment Funds and approves Proposed Dividends
The Capital Market Authority has issued circular suspending general meetings of public joint stock companies and investment funds until further notice. The move comes after the decision of the Supreme Committee tasked with handling the developments resulting from the spread of the new Coronavir...
CMA Suspends Eight Audit Firms from Auditing the Accounts of the Companies Regulated by CMA for Three Months
The Capital Market Authority has issued a number of decisions suspending a number of audit firms from auditing the accounts of the companies regulated by CMA for three months as a grace period to rectify their situations and meet the legal requirements. The move comes as it is established the f...
CMA Prevents two companies from practicing the licensed activities for 3 months
The Board of Directors of the Capital Market Authority has decided to prevent Global Trust Financial Services LLC and Celebrity National Financial Services SOAC from practicing the licensed activities for three months until adjusting their situations as from March 3, 2019 pursuant to Article 31...
Auditor Suspended from Auditing the Companies Regulated by CMA
The Capital Market Authority has suspended an Auditor from auditing the companies regulated by CMA for one year for violating Articles 112 and 113 of the Commercial Companies Law, Article 5 of the Capital Market Law and 282 of the Executive Regulations of the Capital Market Law.The decision wa...