Brief about The Sector

Muscat Securities Market was established by a Royal Decree 53 /88 issued in June 1988 as a one body included the regulatory part and  the executive part at one time, through the implementation of trading and clearing and settlement procedure, as well as control of transacting parties in the market by issuing regulations for the market. Experience has shown that this has led to the weakness of the supervisory role of the market, therefore, has emerged a tendency to separate the  regulatory part from the executive part , culminated in the issuance of two Royal  Decrees No. (80/ 98) and No. (82/ 98) by restructuring of the securities market  through a separate three main entities , namely:

1)    Capital Market Authority as a legislative, regulatory and supervisory entity.

2)    Muscat Securities Market for listing and trading of securities.

3)    Muscat Clearing and Depository Company as the central entity for transferring  ownership of securities and saving related documents.

Disclaimer | WebMaster
Copyright © 2019 , Capital Market Authority