Agency and Oman’s Financial Services Authority sign Memorandum of Understanding

During Astana Finance Days, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market and the Financial Services Authority of the Sultanate of Oman (FSA) signed a Memorandum of Understanding (MoU).

The FSA is responsible for the regulation and supervision of capital markets, the insurance sector, as well as accounting and auditing activities in the Sultanate of Oman.

The signing ceremony was attended by the heads of the two financial regulators — Ms. Madina Abylkassymova, Chairperson of the Agency, and Mr. Abdulla Salim Al-Salmi, Executive President of the FSA.

The document reflects the parties’ commitment to strengthening cooperation between Kazakhstan and Oman. The Memorandum provides for cooperation in financial technologies, innovative projects, financial education, and the promotion of financial inclusion, as well as the development of joint initiatives aimed at enhancing financial market infrastructure through the use of modern technologies.

Particular attention is given to the support and development of the Tabadul platform, which helps strengthen cooperation between regional exchanges and facilitate cross-border trading.