The Oman Financial Services Authority has issued an administrative penalty decision suspending the Saud Al Zadjali Law Firm from practising for one year. The suspension follows findings that the firm violated Article 183 of the executive regulation of the Capital Market Law and Articles 43 and 177 of the Commercial Companies Law by representing clients without obtaining necessary approvals and by not fulfilling regulatory requirements. The decision takes effect on 4 November 2025.
Oman Financial Services Authority 2025-11-09
Oman Financial Services Authority suspends Saud Al Zadjali Law Firm from practice for one year
The Oman Financial Services Authority has suspended the Saud Al Zadjali Law Firm from practicing for one year due to violations of the Capital Market Law and the Commercial Companies Law. The firm failed to obtain necessary approvals and did not meet regulatory requirements. The suspension is effective from 4 November 2025.