Strategic Goal 2: Expanding macro-prudential oversight

From a macro-prudential perspective, it is important to monitor credit for the financial system as a whole. This requires the Qatar Credit Bureau to use evaluation processes that provide credit data that is internationally comparable. This will also have the benefit of achieving greater transparency and more competition between banks. Additionally, the Qatar Credit Bureau will promote its role in regulating the sharing of credit information while protecting customer confidentiality.

The new QCB law has accordingly created the Financial Stability and Risk Control Committee (FSRCC) with a key objective of studying emerging and potential risks within the financial sector.