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CMA/ New Release.

Muscat, Aug.13 (ONA) --- The Capital Market Authority (CMA) has recently released the fourth edition of the encyclopedia on "Legislations Governing the Capital Market and Insurance in the Sultanate". The encyclopedia aims to provide the customers in the public and private representing researchers, specialists and those involved in the legal field with the latest economic and financial laws and regulations of the capital market and insurance. The new edition of the encyclopedia contains the recent amendments to the legislations governing the sectors supervised by CMA, in addition to the recently adopted legislations, including the provisions that govern insurance agents licensing requirements, regulation of clearing and settlement and regulation of insurance brokers and secured financing. The updated legal views and fatwas issued by CMA, along with the legal principles issued by the Ministry of Legal Affairs pertaining to joint stock companies and insurance companies were included in the encyclopedia. The encyclopedia includes four sections. The first is related to the legislations governing companies operating in the field of securities, including the regulations of the Capital Market Law. The second section includes the legislations governing companies listed on Muscat Securities Market (MSM). The third section contains legislations governing insurance companies and the fourth section deals with legal opinions. --- Ends/MN/KH

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Publication:Oman News Agency
Date:Aug 13, 2013
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