The Oman Financial Services Authority has issued a circular requiring applicants who previously filed registration and licensing applications to practise the accounting and auditing profession through the Ministry of Commerce, Industry and Investment Promotion to update and complete those procedures with the FSA. The move follows the transfer of regulatory responsibility for the profession to the FSA under Royal Decree No. 20/2024. Applicants must complete the required registration and licensing steps and submit all necessary documents within 30 days from 2 June 2026. The circular states that any procedures or approvals granted before the Royal Decree was issued will be treated as invalid if applicants do not complete the required steps within the deadline. The measure is intended to support the FSA's supervision of the accounting and auditing profession, maintain an accurate Accountants and Auditors Register, and confirm that applicants meet the approved legal requirements.
Oman Financial Services Authority2026-06-04
Oman Financial Services Authority sets 30 day deadline to complete accounting and auditing licence applications
The Oman Financial Services Authority has given applicants 30 days from 2 June 2026 to complete accounting and auditing registration and licensing procedures transferred from the Ministry of Commerce, Industry and Investment Promotion. Applications or approvals granted before Royal Decree No. 20/2024 will be invalid if the required steps are not completed within that period.