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Oman News

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Oman strengthens anti-money laundering efforts in precious metals and gems sector

The Ministry of Commerce, Industry and Investment Promotion has released anti-money laundering statistics for trade in precious metals and stones

TAS News Service

info@thearabianstories.com

Monday, February 17, 2025

Muscat – To promote integrity and transparency, the ministry has released statistics for January 2025, highlighting proactive measures taken to combat financial crimes.

The ministry conducted five field visits and assessment meetings and appointed five compliance officers. Key highlights include the issuance of 28 compliance orders and three written notices, as well as the blocking of one commercial registration.

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