01
Document overview
Sets the licensing regime for insurance brokers constituted as legal persons: capital and guarantee, governance and staff, client duties, handling of money, records, supervision, suspension, cancellation and fees. It repealed Decision E/53/2013.
02
Scope and exclusions
Applies to
Applies to persons seeking or holding an FSA insurance-broker licence in Oman; existing brokers received a twelve-month regularisation period, extendable by up to six months.
Limitations and exclusions
A broker licence is not an insurer, takaful-operator or agent licence. The principal Regulation must be read with the 87/2020 amendment and later insurance rules; no consolidated version is claimed.
04
Official source
CMA Decision E/19/2017 · issued 23 April 2017 · effective the day after Official Gazette publication · amended by Decision 87/2020 · Oman Financial Services Authority
September 13, 2026
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