Every country faces its own unique set of financial risks. Qatar aims to build a macro-prudential framework that identifies key risks relating to the cyclical trends and structural developments in its financial system, and recognises the challenges of Qatar’s resource-based economy. Robust macro-prudential policy initiatives will complement the micro-prudential policy already in place.

As financial system risks typically have a cumulative and cascading impact, the regulatory authorities will develop a mutually agreed risk assessment framework that is clear, consistent and captures non-linearity in the risk profile of the financial system. This will include a timely and effective reporting structure, where information will be coordinated through the FSRCC. The FSRCC will use information from a wide range of sources when analysing systemic risk, including quantitative indicators as well as assessments of individual banks.