Oman's FSA Decision No. E/35/2023 requires registration with the Oman Financial Services Authority (formerly Capital Market Authority) before carrying on covered virtual-asset activities in the Sultanate of Oman. It implements AML/CFT, governance and compliance requirements, and provides registration, cancellation and supervisory procedures. This is a VASP registration/AML regime and should be distinguished from any future full licensing framework.
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Also known as: Decision No. E/35/2023 — VASP Registration and AML/CFT Instructions
Overview
Key Details
Jurisdiction
OmanRegulator
Oman Financial Services Authority (FSA; formerly Capital Market Authority)
Law Type
Other
Status
In ForceOfficial Law Number
Decision No. E/35/2023
Official Title
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Effective Date
Effective date not specified
Who This Law Applies To
Persons providing covered virtual-asset services in the Sultanate of Oman.
Key Requirements
- Requires registration with the FSA before carrying on covered virtual-asset activities in Oman.
- Implements AML/CFT, governance and compliance requirements for registered VASPs.
- Provides registration, cancellation and supervisory procedures under FSA oversight.
Official Sources
Exact official documentVerify exact decision date and commencement from official PDF. Store current regulator name (FSA, not CMA).
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IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023)
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