FSA mandates minimum EV insurance coverage by end-2026 National

FSA mandates minimum EV insurance coverage by end-2026

Muscat: The Financial Services Authority (FSA) has issued a circular requiring all insurance companies licenced to provide motor insurance in Oman to maintain a minimum level of electric vehicle (EV) insurance underwriting relative to the size of their motor insurance portfolios. Under the circular, insurers must ensure that EV insurance policies account for no less […]

FSA warns unlicensed audit firms Finance

FSA warns unlicensed audit firms

The Financial Services Authority (FSA) has emphasised the importance of verifying the authorisation of accounting offices before using their services. In 2025 observations, the FSA found some offices practising accounting and auditing without an FSA licence and strongly stressed that firms must hold an official licence to proceed with work. A commercial registration (CR) doesn’t […]