Oman raises the bar on consumer protection

BSA’s Arsalan Tariq and Yasin Chowdhury offer commentary on the new CBO Financial Consumer Protection Regulatory Framework – a milestone for financial consumer protection and economic growth in the Sultanate. On December 29, 2021, the Central Bank of Oman (“CBO”) issued the Financial Consumer Protection Regulatory Framework (“FCPRF”) by its Circular BM 1184, intending to provide a strong consumer protection...
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