Fsa-Logo3
Fsa-Logo4
Home Page Help Contact Us Site Map FSA Business Portal Email

About FSA

Establishment of the FSA FSA Objectives Strategy Board of Directors
Executive Management The Organizational Structure Vision & Mission Roles and responsibilities
Values

E-Services

Individuals Dissatisfaction of Service Provided By the FSA Appeals Service Vehicle Compensation Value after Total Loss Complaint against company operating in the field of securities Help Fund Vehicle Insurance Rates
Corporation Services Internal Auditor Accreditation Application for Adding an Activity Issuing a License for a Company Operating in the Securities Field Renewal of the license of a company operating in the field of securities (National) Legal Advisor Accreditation Securities Companies Branch License New Request
Show All Services

Media Center

Photos Videos News Community Participation Events Publications FAQ Children Stories

Licensed & Accredited

Insurance Companies Insurance Brokers Insurance Agents Re Insurance Companies Health Insurance Third Party Administration Companies Working in the field of Securities Investment Funds Extrenal Auditors (Authorized & Accredited) Internal Auditors Capital Market Institution Legal Advisor Valuation Companies Accounting and Auditing Offices (Authorized)

Open Data

About Open Data The Principles of Open Data Contact us About Open Data

Vacancies (8)

No Available Vacancy!
Follow us on social media platforms Learn more about FSA
  • About FSA
    About FSA
    Establishment of the FSA FSA Objectives Strategy Board of Directors
    Executive Management The Organizational Structure Vision & Mission Roles and responsibilities
    Values
  • E-Services
    E-Services
    Individuals Dissatisfaction of Service Provided By the FSA Appeals Service Vehicle Compensation Value after Total Loss Complaint against company operating in the field of securities Help Fund Vehicle Insurance Rates
    Corporation Services Internal Auditor Accreditation Application for Adding an Activity Issuing a License for a Company Operating in the Securities Field Renewal of the license of a company operating in the field of securities (National) Legal Advisor Accreditation Securities Companies Branch License New Request
    Show All Services
  • Media Center
    Media Center
    Photos Videos News Community Participation
    Publications FAQ Children Stories
  • Licensed & Accredited
    Authorized and Accredited Persons
    Insurance Companies Insurance Brokers Insurance Agents Re Insurance Companies Health Insurance Third Party Administration Companies Working in the field of Securities Investment Funds
    Extrenal Auditors (Authorized & Accredited) Internal Auditors Capital Market Institution Legal Advisor Valuation Companies Accounting and Auditing Offices (Authorized)
  • Open Data
    Open Data
    About Open Data The Principles of Open Data Contact us About Open Data
  • Vacancies (8)
Vacancies

No Available Vacancy!


Follow us on social media platforms

Learn more about FSA
Tweeter
Share With
Home >News >Workshop on Corporate Governance for Directors and Executives of Oman Dry Dock SAOC
Listen
print

Workshop on Corporate Governance for Directors and Executives of Oman Dry Dock SAOC

15 June 2015

News

Oman Centre for Corporate Governance and Sustainability (OCGS) organized a workshop for the directors and executive management of Oman Dry Dock Company SAOC at the company offices in al Athaibah. The event was organized to provide an overall introduction to corporate governance  and sustainability.

Sayyid Hamed Sultan Al Busaidi, Director General for Support Services at the Capital Market Authority (CMA), and Acting Director of  the OCGS opened the workshop and welcomed the participants. He introduced the OCGS and  highlighted the role of corporate governance and its importance to the directors and executives of corporates. Hence,  CMA issued the Code of Corporate Governance and supervised the performance of the companies to ensure disclosure of any material information which could affect the financial position of the company. He also outlined the evolution of the Code of Corporate Governance in Oman, which started as optional in 2002 and then became obligatory, emphasizing that a new version of the code in underway and will be issued shortly.

Then, Sayyid Hamed al Busaidi engaged the participants into a discussion about corporate governance principles and keys, such as: disclosure, transparency, integrity, protection of small shareholders etc.

He added CMA and OCGS are keen to organize training programmes and workshops on corporate governance for corporate directors and executives to keep them abreast with the latest global developments in corporate governance and sustainability.

Mohammed Said Al Brashdi, Corporate Governance Specialist at the OCGS, discussed the adverse results of  executive greed and incompliance with corporate governance principles, citing the experience of Enron. He then went on to elaborate on components of governance including checks and balances. Ahmed Ali Al Makaini, Expert at the OCGS, highlighted certain key questions and milestones that would assist ODC to chart its corporate governance system and manual.

Then, Ahmed Al Makaini concluded the workshop with presenting and discussing one documented case study. He highlighted the perils arising from non-compliance with essential governance principles emphasizing that no company is immuned from such misconducts and the wide ranging repercussions.





Previous    Next   

Archives

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

Publications +

  • IPOs
  • Insurance Publications
  • Annual Report
  • Insurance Market Review
  • Awareness

FSA Services +

  • Administrative
  • Insurance
  • Capital Market
  • Inquiries & Complaints
  • Job Vacancies (8)
footer-logo
footer-logo sm-m-auto
info@fsa.gov.om
Country Code : 00968
Phone (Operator) : 24823100
All Rights Reseved -©2025- Financial Services Authority
FSA Sectors
  • Insurance Sector
  • Capital Market
Publications
  • IPOs
  • Insurance Publications
  • Annual Report
  • Insurance Market Review
Useful Links
  • Local Links
  • Arabics Links
  • International Links
  • instagram
  • twitter
  • youtube
Download The App
playStore
playStoreQr
appleStore
appleStoreQr
About Us Privacy Contact Us footer-logo

Choose Color theme

Accessibility Option

Night Mode

Translate This Page

( FSA is not responsible for the translation output by google )

Virtual Tour

We will be happy to know your feedback
Weak
Excellent
This field is required
Thank you for your feedback