The Capital Market Authority (CMA) has suspended the activities of 36 insurance agents operating on the Omani market.
This sanction was motivated by the failure to comply with the regulation which stipulates that insurance companies' agents must have a workforce composed entirely of Omani nationals.
Read also | Training program for Omani insurance executives [4]
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[3] https://www.atlas-mag.net/en/issue/covid-19-insurers-down-yet-not-out
[4] https://www.atlas-mag.net/en/article/training-program-for-omani-insurance-executives