Oman Ministerial Decision No. 34/2024 On the Regulation of Financial Transfers Related to the Legal Practice
Type
Law
Issued on
24 Jan 2024 (corresponding to 12 Rajab 1445 H)
Nature
Ministerial Decision
Jurisdiction
Oman
Taxonomy
Legal, Financial Services & Activities, Regulation & Offences
Based on the Legal Practice Law promulgated by Oman Sultani Decree No. 108/1996;
Law of anti-money laundering and counter-terrorism financing promulgated by Oman Sultani Decree No. 30/2016;
Oman Sultani Decree No. 88/2020 merging the Ministry of Justice and the Ministry of Legal Affairs into one ministry named the Ministry of Justice and Legal Affairs, as well as determining its competencies and approving its Organisational Structure;
Oman Ministerial Decision No. 130/2022 on the issuance of the Regulation on the Supervision of Lawyers, Law Offices, and Civil Law Firms regarding anti-money laundering and counter-terrorism financing; and
Based on the public interest requirements,
The following has been decided: