MUSCAT : This program evaluates how effectively the FSA implements and adheres to international insurance standards, marking a significant step for the Sultanate in enhancing its regional and global standing.
The FSA has successfully completed the first phase of a self-assessment and is now entering the second phase, which involves a field visit to the Sultanate by IAIS experts. Following this, a comprehensive report will be developed in the third phase, outlining recommendations for further enhancing compliance with international insurance standards.
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