ASSET MANAGEMENT

As part of its support for the QFC strategy to promote Qatar as a regional and international asset management hub, the QFC Regulatory Authority launched its revised collective investment schemes regime in January 2011. The new regime is contained in the Collective Investment Schemes Rules 2010 and the .Private Placement Schemes Rules 2010.

The new regime broadened the permitted investor base to include retail investors and expanded the range of asset management schemes that may be undertaken. Throughout 2011, the QFC Regulatory Authority expanded its engagement with prospective and existing asset management firms and with Government agencies tasked with developing asset management business. It held a number of briefing sessions for the asset management firms in the QFC and introduced a more streamlined approach to authorisation and supervision. The QFC Regulatory Authority participated in several seminars and international conferences to promote a better understanding of the new regime.

In support of this initiative, the QFC Regulatory Authority published A Guide to the QFC Collective Investment Schemes Regime in June 2017.