Regulatory Alerts2018-01-04 | No. 2/2018Real Estate Investment Funds Regulation (Decision No 2/2018)
The Capital Market Authority of Oman issued Decision No 2/2018 to establish a comprehensive regulatory framework for Real Estate Investment Funds (REIFs). The regulation mandates minimum capital thresholds, defines permissible asset compositions and fund structures, and requires public funds to distribute at least ninety percent of annual net profits to unitholders. It further standardizes establishment and listing procedures on the Muscat Securities Market, establishes corporate governance through general assemblies, and enforces strict compliance with related-party transactions.
Share