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 the regulators’ anti-money laundering and combating terrorism financing (AML/CFT) rules and requirements.

Guidance delivers detailed direction for all financial institutions on AML/CFT matters related to customer due diligence, correspondent banking, reliance on third parties, high risk jurisdictions, beneficial ownership issues, legal entity transparency, and the regulators’ expectations for the risk-based systems and controls that financial institutions are required to implement to combat money laundering and terrorism financing.

Guides:

 
 
 
 
 

[AML Publications]