Oman regulates AML/CTF through the National Centre for Financial Information and the AML/CFT Law (Royal Decree 30/2016). See the obligations and how MemberCheck supports them.
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Oman combats financial crime through the National Centre for Financial Information, its financial intelligence unit, under an AML/CFT framework anchored by Royal Decree 30/2016. The NCFI operates under the administrative oversight of the Inspector General of Police and Customs. Supervision of obliged entities sits with each sector's regulator, chiefly the Central Bank of Oman and the Financial Services Authority.
Financial institutions must run compliance programmes commensurate with their risks, appoint a Money Laundering Reporting Officer, and report suspicious transactions, cash transactions, and cross-border declarations to the NCFI. Supervisors expect firms to understand customer profiles, detect unusual behaviour, and monitor beneficial ownership.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Royal Decree 30/2016 assigns AML/CTF supervision to each sector's regulator, with the Central Bank of Oman covering banks, finance companies, and money exchange businesses and the Financial Services Authority covering securities, insurance, and the audit profession. The National Centre for Financial Information is the financial intelligence unit, operating under the administrative oversight of the Inspector General of Police and Customs.
Oman's principal AML statute. It requires financial institutions to run compliance programmes commensurate with their risks, appoint a Money Laundering Reporting Officer, and report suspicious activity to the NCFI.
As a MENAFATF member, Oman aligns its regime with the FATF Recommendations that shape expectations for financial institutions and designated non-financial businesses.
Royal Decree 30/2016 assigns supervision to each sector's own regulator. The Central Bank of Oman supervises banks, finance and leasing companies, and money exchange businesses, while the Financial Services Authority (which replaced the Capital Market Authority in 2024) supervises securities, insurance, and the audit profession. Several ministries supervise designated non-financial businesses. The National Centre for Financial Information (NCFI) is a separate body, Oman's financial intelligence unit, which receives suspicious transaction reports.
The AML/CFT Law, issued by Royal Decree 30/2016, is Oman's principal AML statute, setting compliance programme, due diligence, and suspicious transaction reporting obligations.
Oman is a member of MENAFATF, the FATF-style regional body for the Middle East and North Africa, and aligns its AML/CTF regime with the FATF Recommendations.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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