In recent years, Oman’s regulatory regimes have developed rapidly in scope and complexity in line with global trends, ushering in an era of intensified regulatory and shareholder scrutiny. Our team of senior lawyers assists clients in understanding and managing compliance with sector-specific regulations, listing rules as well as best practice corporate governance and responsibility issues such as directors’ liabilities, insider trading, money laundering, employee relations, health and safety, environment and trade sanctions. We are alert to the challenges clients may face in complying with complex laws and, at times, conflicting stakeholder interests.
Our experts are also regularly called upon by ministries and government departments in Oman to advise on, review or draft the laws and regulations that underpin Oman’s program of economic and infrastructure development or to accommodate increasingly complex trends in financial markets. In particular, we have helped shape the governing law and regulation for innovative public-private partnerships, restructurings and privatisations of government entities. We provide advice to the Ministry of Commerce and Industry on company law reform, to the Capital Markets Authority and Muscat Securities Market on corporate governance, regulation of the capital and securities markets and frameworks for the Islamic finance industry, and to the Central Bank of Oman on banking law reform.
Our role of trusted adviser to government and regulatory authorities ensures that our lawyers enjoy a close relationship with key institutions, a valuable asset for clients seeking to identify and iron out any complexity or uncertainty that may impact their business in a fast-evolving legal environment.