Regulatory Alerts2021-04-21 | No. E/153/2021Rules for Crowdfunding Platforms
The Capital Market Authority of Oman issued Decision No. E/153/2021 to establish a comprehensive regulatory framework for crowdfunding platforms, defining operational standards and investor protections. The rules mandate licensed operators to conduct due diligence, enforce investment caps for retail and angel investors, and ensure transparent disclosure of funding applications and associated risks. By setting clear eligibility criteria, funding limits, and compliance obligations for both platforms and applicants, the framework enables commercial enterprises to raise capital through donation, reward, equity, or peer-to-peer models while safeguarding public interest.
Share