The Oman Financial Services Authority participated in the Growth and Emerging Markets Committee annual meeting in Malta, updating peers on Oman’s progress in aligning sustainability reporting with IFRS S1 and IFRS S2 and stating that Oman is ready to adopt the standards. Discussions covered legal requirements and the development of sustainability-disclosure frameworks, alongside financial inclusion and the use of digital technologies. The FSA also highlighted cyber-resilience and digital finance as priorities within its regulatory agenda.
Oman Financial Services Authority 2025-11-22
Oman Financial Services Authority affirms readiness to adopt IFRS S1 and S2 at GEMC annual meeting
The Oman Financial Services Authority updated peers at the Growth and Emerging Markets Committee meeting on its progress in aligning sustainability reporting with IFRS S1 and IFRS S2, stating readiness to adopt these standards. Discussions included legal requirements, sustainability-disclosure frameworks, financial inclusion, and digital technologies. The FSA emphasized cyber-resilience and digital finance as regulatory priorities.