VOL. XLII

No. 11

15-March-1999

OMAN

Omans Capital Market Law Overhauls MSM

Despite the flagging performance of the Muscat SecuritiesMarket (MSM) over the past few months, Omans new Capital Market Law, whichcame into force on 15 January, represents a major overhaul of the MSM,according to Trowers & Hamlins Gulf Business Law Review. Thepublication says the new law has brought about a number of major changes in theway the MSM functions, namely the separation of the MSM from a supervisorybody. The...