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Oman’s central bank issues regulation for Buy Now, Pay Later services
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Oman’s central bank issues regulation for Buy Now, Pay Later services
MUSCAT – The Central Bank of Oman (CBO) has issued a regulation governing the practice of Buy Now, Pay Later (BNPL) services, as part of efforts to strengthen oversight of emerging financial products and keep pace with rapid developments in the financial sector. In a statement issued, the CBO said the move forms part of its ongoing efforts to develop regulatory frameworks and ensure that innovative financial services operate within clear and dis…
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