Press Release of the First Board Meeting of 2019

15 April 2019

News

The Board of Directors of the Capital Market Authority held its first meeting for the year 2019. The meeting was chaired  by HE Yahya Said Al Jabri, Chairman of the  Daqum Special Economic Zone Authority and Chairman of the CMA.

 

The meeting ratified the audited financial statements of  CMA, Investor Trust Fund, Insurance Emergency Fund and the Fund for Assistance of Injured  Persons,   Heirs of Deceased and Compensation for  Damage Incurred in Traffic Accidents for the year that ended on 31 December 2018, the external auditors report  and management letter as well as ratifying the estimated budget of Oman Centre for Governance and Sustainability (OCGS) for the year 2019.

 

The meeting also ratified appointment of the external auditors of CMA and MSM for the year ending on 31 December 2019 as well as the issuance of the articles of Insurance Emergency Fund . The Board reviewed the latest development in the implementation of the health insurance for the employees of the private sector, expatriates and visitors.

 

The board agreed, in light of the Government’s endeavors to  implement e-government, to enhance the budget to implement XBRL filing system  for  disclosure of financial statements of listed and licensed companies.

 

The board reviewed the  key activities and achievements  of CMA, OCGS, MSM and MCDC as well as the performance of MSM and  Arab stock markets and the performance  of the companies.


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