Oman to pre-approve investment-linked products

Oman's Capital Market Authority (CMA) has told insurers that
they must obtain its approval before marketing any
investment-linked product or creating any linked funds.
In a circular distributed to insurers last week, the regulator
also said that insurers which had already commenced such business
must renew their approvals within six months.
The CMA's new rules for marketing investment-linked
insurance products in the Sultanate include minimum standards and
disclosure requirements.
The regulator