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QFC Regulatory Authority and Qatar Chamber sign Memorandum of Understanding
Saturday, 9 February 2019 – Doha, Qatar – The Qatar Financial Centre Regulatory Authority (“Regulatory Authority”) and the Qatar Chamber of Commerce & Industry (“QCCI”) have entered into a Memorandum of Understanding (“MoU”) for sharing information, on 7 February, at a signing ceremony held at the QCCI offices in Doha.
 
QCB Governor Launches Second Strategic Plan for Financial Sector
Doha, Qatar, 13 December 2017: Under the auspices of HE Sheikh Abdulla bin Saoud Al-Thani, Governor of Qatar Central Bank and Chairman of Qatar Financial Centre Regulatory Authority and Qatar Financial Markets Authority; QCB, QFCRA and QFMA launched the Second Strategic Plan for financial sector regulation (2017 - 2022) in the State of Qatar during the inauguration ceremony held on Tuesday 12/12/2017.
The ceremony was attended by HE the Minister of Finance and a number of officials from the financial sector, as well as executives, businessmen and experts in the country. In the speech he delivered, HE the Governor stated: "The Second Strategic Plan constitutes the roadmap, which reflects Qatar's future steps toward building a sound and resilient financial sector that will promote sustainable economi
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 LATEST NEWS

 
International Financial Services (Qatar) LLC fined USD$100,000 by the QFC Regulatory Authority
Doha, Qatar, 14 July 2019: The QFC Regulatory Authority (the "Regulatory Authority") today announced that it had agreed a settlement with International Financial Services (Qatar) LLC ("IFSQ") to impose a financial penalty of USD$100,000 and accept reasonable costs of its inv
Three press releases
The QFC Regulatory Authority takes disciplinary action against Directors of Guardian Wealth Management Qatar LLC (in liquidation)
 
THE QFC REGULATORY AUTHORITY ISSUES STATEMENT REGARDING FIRST ABU DHABI BANK P.J.S.C (REGISTERED BRANCH IN THE QFC)
Doha, Qatar, 20 June 2019: The QFC Regulatory Authority (the "Regulatory Authority") is aware of a recent statement published by First Abu Dhabi Bank PJSC ("FAB") regarding its operations in and from the Qatar Financial Centre ("QFC").
 
THE QFC REGULATORY AUTHORITY TAKES FURTHER ACTION AGAINST FIRST ABU DHABI BANK P.J.S.C (REGISTERED BRANCH IN THE QFC)
Doha, Qatar, 9 June 2019:  On 14 March 2019, the QFC Regulatory Authority (the “Regulatory Authority”), pursuant to Article 31 of the Financial Services Regulations (the “FSR”), issued First Abu Dhabi Bank P.J.S.C
Customer and Investor Protection Top Priority for QFC Regulatory Authority
Doha, Qatar, 2 April 2019 Customer and investor protection have been key pillars of the QFC Regulatory Authority’s regulatory framework since the establishment of the Qatar Financial Centre (QFC) in 2005.
 
QFC authorised firms are required to
THE QFC REGULATORY AUTHORITY CLOSES FIRST ABU DHABI BANK P.J.S.C (REGISTERED BRANCH IN THE QFC) TO NEW CUSTOMERS
Doha, Qatar, 14 March 2019:  The QFC Regulatory Authority (the "Regulatory Authority"), pursuant to Article 31 of the
QFC Regulatory Authority and Central Bank of Oman sign MOU
Doha, Qatar, 11 March 2019: The Qatar Financial Centre Regulatory Authority ("QFC Regulatory Authority") and the Central Bank of Oman ("CBO") have entered into a Memorandum of Understanding ("MoU") to strengthen bilateral relations between the two parties.
QFC Regulatory Authority conducts school visits to promote World Investor Week

Tuesday, 2 October 2018 – Doha, Qatar – The QFC Regulatory Authority announced that it will be participating in World Investor Week (WIW), which takes place in Doha from Sunday, 30 September through Friday, 4 October 2018.

WIW is a week-long global campaign promoted by the International Organization of Securities
AML/CFT Guidance Issued

17th July 2018: Governor of the Qatar Central Bank (QCB) H.E. Sheikh Abdulla bin Saoud Al Thani announced that QCB, Qatar Financial Markets Authority (QFMA) and Qatar Financial Centre Regulatory Authority (QFCRA) have each issued guidance to their financial institutions addressing critical areas of compliance with th

QFC Regulatory Authority and Astana Financial Services Authority sign Memorandum of Understanding to strengthen regulatory cooperation

Doha, Qatar, 3 July 2018: The Qatar Financial Centre Regulatory Authority (“QFC Regulatory Authority”) has entered into a Memorandum of Understanding (“MoU”) with the Astana Financial Services Authority (“ASFA”). The signing ceremony was held on the side lines of the official openi

Qatar Financial Centre Regulatory Authority Imposes Substantial Fine on Guardian Wealth Management Qatar LLC (In Liquidation) Following Conclusion of Investigation

Doha, Qatar, 22 April 2018: Following an investigation into the affairs of Guardian Wealth Management Qatar LLC (in liquidation) (“GWMQ”), the QFC Regulatory Authority (the “Regulatory Authority”) has today published a statement on its website regarding the result of an enforcement and disciplinary action against GWMQ.

QFC REGULATORY AUTHORITY SIGNS MOU WITH QATAR POSTAL SERVICES COMPANY

Doha, Qatar, 26 March 2018:  The Qatar Financial Centre Regulatory Authority (Regulatory Authority) has signed a Memorandum of Understanding (MOU) with the Qatar Postal Services Company (Qatar Post), during a signing ceremony held at the Regulatory Authority head

QFC Holds National Day Event for Staff

Doha, Qatar, 19 December 2017 - The Qatar Financial Centre (QFC), one of the world’s fastest growing business and financial centres, yesterday celebrated the Qatar National Day (QND) by hosting an internal event for its entities.
The event came as part of the QFC’s efforts to further strengthen unity among its staff and

QFC Regulatory Authority Consults on New Draft Rules Protecting Whistleblowers in QFC Authorised Firms

Doha, Qatar, 6 November 2017 - The QFC Regulatory Authority has released a consultation paper containing proposals to introduce protected reporting rules for QFC authorised firms. Protected reporting is often called whistleblowing.


The proposed legislative framework relates to making confidential reports about a

Specialised Master's Degree in Financial Regulation and Leadership Launches in Qatar
Doha, Qatar, 2 November 2017: Today HEC Paris in Qatar launched a new Master’s degree in Financial Regulation and Leadership for Qatari employees in core business areas of Qatar’s three financial regulators.
The Master’s degree programme has been designed to develop employees of the Qatar Central Bank, the Qatar F
QFC REGULATORY AUTHORITY WARNS INVESTORS AND CONSUMERS ABOUT A FIRM FALSELY CLAIMING AUTHORISATION TO CONDUCT BUSINESS IN THE QFC

Doha, Qatar, 29 October 2017: The QFC Regulatory Authority today warned investors and consumers about a purported investment fund claiming to operate in Doha, Qatar.
The Regulatory Authority strongly advises people to avoid any dealings with a purported Financial Services Company located in Qatar called “Alraya”, an

QFC Regulatory Authority Wins "Best Nationalisation Initiative" at Mena HR Excellence Awards
Doha, Qatar, 21 May 2017: Al Masar learning and development programme honoured for its innovation and results.
Doha, Qatar, 2 May 2017: QFC Regulatory Authority Partners With Two Secondary Schools to Promote Careers in Financial Regulation
Doha, Qatar, 2 May 2017: The Qatar Financial Centre Regulatory Authority has signed an agreement of
QFC Regulatory Authority First in Qatar to Partner with Chartered Institute of Personnel and Development (CIPD)​
Doha, Qatar, 29 January 2017: The Qatar Financial Centre Regulatory Authority (QFC Regulatory
QFC Regulatory Authority approved as full signatory to the IOSCO MMoU
Doha, Qatar, 17 January 2017: The Qatar Financial Centre Regulatory Authority (“QFC Regulatory Authority”) has been approved as a full signatory to the International Organisation of Securities Commissions (“IOSCO”) Multilateral Memorandum of Understanding Concerning
QFC Regulatory Authority CEO to Deliver Inaugural Address at MENA New Age Banking Summit
On 4 October at 9:15 a.m., Michael G. Ryan, Chief Executive Officer of the Qatar Financial Centre Regulatory Authority, will deliver the inaugural address at the MENA New Age Banking Summit at the Grand Hyatt in Doha.

Organised by UMS Conferences/Bloomberg Businessweek Middle East for 4-5 October
QFC Regulatory Authority Announces Senior Executive Appointment
Doha, Qatar, 10 April 2016: The QFC Regulatory Authority has announced that it has appointed Eisa Ahmed Abdulla to the role of Chief Operating Officer (COO) and Managing Director. In addition, the Regulatory Authority has appointed Fatma Abdulrahman
Memorandum of Understanding between the Bank of Italy and the QFC Regulatory Authority
15 February 2015: The QFC Regulatory Authority and the Bank of Italy (BI) have signed a Memorandum of Understanding (MoU) to promote stronger cross-border regulatory oversight and supervisory information sharing.
 
The MOU was signed on behalf of the BI by Mr Salvatore Rossi, Senior Deputy
Lebanon CMA MoU
6 January 2015: The QFC Regulatory Authority and the Capital Markets Authority of Lebanon (CMA) have signed a Memorandum of Understanding (MoU) to promote stronger cross-border regulatory oversight and supervisory information sharing.
 
The MOU was signed on behalf of the CMA by Mr Riad Sal
QFC Regulatory Authority congratulates three Qatari summer interns
Doha, Qatar, Sunday 21 July 2013:  The QFC Regulatory Authority today celebrated the completion of its annual Summer Internship Programme, and congratulated the three Qatari participants in the five-week programme.
 
QFC Regulatory Authority Enhances Approved Individual Framework for Authorised Firms

Doha, Qatar, 23 December 2014: The QFC Regulatory Authority (QFCRA) today introduced a number of improvements to its framework for approving individuals to perform certain key positions in QFC authorised firms. The new framework is contained in the Individuals (Assessment, Training and Competency) Rules 2014. The new r

QFC Regulatory Authority calls for consultation on proposed changes to the approved individuals regime

Doha, Qatar, 22 September 2014: The QFC Regulatory Authority has released a consultation paper seeking public comment on proposed rule changes that amend the approved individuals regime (AI regime) for QFC authorised firms.

The proposals to update the Individuals Rules (INDI) include:

a. introducing a

QFCRA seeks consultation on proposed rule changes for Banking, Investment Management and Advisory business

Doha, Qatar, 21 September 2014: The QFC Regulatory Authority has released two consultation papers containing proposals that will strengthen and streamline the QFC Regulatory Authority’s prudential framework for banking, investment management and advisory activities undertaken by authorised firms in the Qatar Financial

Thomson Reuters Concludes Seventh Gulf Cooperation Council Regulators’ Summit In Qatar
- Extraterritorial legislation offers glimpse into the future of regulation, conference told
- Senior regulator emphasizes importance of quality of supervision

DOHA, QATAR, February 26, 2013

Mark Recardo, former CEO and financial advisor, prohibited and fined US$70,000 by the QFC Regulatory Authority
Doha, Qatar, 17 September 2014:  The QFC Regulatory Authority today announced that it has fined Mr Mark Philip Recardo a sum of USD$70,000, and prohibited him from performing any Controlled Function, or being employed by any firm in the Qatar Financial Centre, owing to serious misconduct committed over a period
 

 STRATEGIC PLAN

 
Second Strategic Plan for Financial Sector Regulation
 
On 12 December 2017, the Second Strategic Plan for Financial Sector Regulation in Qatar (2017-2022) was launched under the auspices of HE Sheikh Abdulla bin Saoud Al-Thani, Governor of the Qatar Central Bank and Chairman of the QFC Regulatory Authority and the Qatar Financial Markets Authority. The plan constitutes the roadmap that reflects Qatar's future steps toward building a sound and resilient financial sector that will promote sustainable economic growth.