2026-01-06 | BM 1225Added · Updated
Licensed banks and finance and leasing companies operating in the Sultanate of Oman must establish, implement, and maintain a comprehensive Business Continuity Management framework by June 30, 2026. This new framework replaces the BCM Guidelines published in circular letter number BED/Banks/FLCs/10-Gen-485/674 dated August 2, 2010. The requirements mandate that boards and senior management define service disruption tolerance levels and allocate adequate resources to ensure operational resilience against cyber, physical, and third-party risks.