MUSCAT: Oman’s capital market regulator has announced that CFI Financial has been officially removed from the register of firms authorised to operate in the Sultanate’s capital market. This decision, which takes effect from September 18, 2025, follows a review of the company’s activities and compliance status under local regulations. In its statement, the regulator stressed that the move is part of ongoing efforts to uphold the integrity and stability of Oman’s financial sector by ensuring that only licensed and compliant firms provide services to investors.
According to the announcement, CFI Financial will no longer be permitted to conduct any regulated activities within Oman’s capital market, and its removal from the register effectively ends its authorisation to operate in the country. The regulator has advised investors who may have active dealings with the firm to seek clarification on the status of their accounts and to ensure that their interests are protected. This action underscores the importance placed on safeguarding investor confidence and maintaining transparency across the financial system.
The decision also reflects the broader regulatory push in Oman to strengthen oversight of financial service providers amid evolving market dynamics. Authorities have been tightening licensing and monitoring processes to align with international best practices and to prevent risks that could undermine market stability. By enforcing stricter compliance measures, the regulator aims to create a safer environment for both institutional and retail investors, encouraging sustainable growth within the capital market.
Industry observers view this development as a sign that Oman is taking a more proactive stance in addressing potential irregularities or non-compliance among market participants. While the regulator has not publicly disclosed detailed reasons for CFI Financial’s removal, its firm action is expected to reinforce discipline among other licensed entities. The move also sends a clear message that regulatory standards will be rigorously applied, ensuring that Oman’s capital market remains credible, secure, and attractive to both domestic and international investors.
