Money & BusinessOman

Oman: Personal ID mandatory for purchase of precious items

Oman urged all jewellers and related businesses to ensure that customers show their personal ID during any transaction for the purchase and sale of gold, precious metals and stones.

This is part of Oman’s supervisory role for the implementation of the Anti-Money Laundering and Terrorism Financing Law, and ensuring that all commercial transactions are followed up in accordance with the relevant regulations and procedures.


Times of Oman
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