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Oman News

FSA issues warning to Oman Qatar Insurance Company over delay in disclosing financial statements

The Financial Services Authority (FSA) has issued a decision (No. Kh/6/2024) to warn Oman Qatar Insurance Company (S.A.O.G.).

TAS News Service

info@thearabianstories.com

Tuesday, August 27, 2024

MUSCAT : The decision addresses the Authority’s concerns over the company’s delay in disclosing its financial statements after approval by its Board of Directors. The decision also highlights the company’s non-compliance with international financial reporting standards in preparing financial statements.

Oman Qatar Insurance Company (OQIC), established in 2004, is a subsidiary of Qatar Insurance Group, offering a broad spectrum of insurance products.


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