Oman Capital Market Authority Decision No. 75/2022

On the Issuance of the Regulation of Clearing and Settlement

Abrogates

Oman Capital Market Authority Decision No. 5/2011 dated 13/07/2011

Amended by virtue of

Oman Financial Services Authority Decision No. 127/2024 dated 03/07/2024

Based on the Capital Market Law promulgated by Oman Sultani Decree No. 80/1998,

Oman Sultani Decree No. 82/1998 on the Establishment of Muscat Depository & Securities Registration Co. (S.A.O.C),

The Implementing Regulation of the Capital Market Law issued by Oman Decision No. 1/2009,

The Regulation of Clearing and Settlement issued by Oman Capital Market Authority Decision No. 5/2011,

And the approval of the Board of Directors of the Capital Market Authority,

And based on the public interest requirements.

It was decided:

Regulation of Clearing and Settlement

First Chapter - Definitions and General Provisions

Article 1

In application of the provisions of this Regulation, the terms and expressions contained herein shall have the same meanings set out in the Capital Market Law and its Implementing Regulation referred to here-above. The following terms and expressions shall have the meanings assigned against each, unless the context requires otherwise:

  1. Authority: The Capital Market Authority.