You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page.
Turn on more accessible mode
Turn off more accessible mode
Skip Ribbon Commands
Skip to main content
This page location is:
HOME
HOME
WHAT WE DO
SUPERVISION AND AUTHORISATION
Sign In
Top Link Bar
HOME
ABOUT US
ROLE AND STRUCTURE
ABOUT THE QFC
BOARD GOVERNANCE
BOARD OF DIRECTORS
THE EXECUTIVE TEAM
CORPORATE SOCIAL RESPONSIBILITY
CAREERS
CONTACT US
WHAT WE DO
Currently selected
OBJECTIVES
SUPERVISION AND AUTHORISATION
A RISK-BASED APPROACH TO REGULATION
MACRO-PRUDENTIAL
CAPTIVE INSURANCE AND ASSET MANAGEMENT
POLICY AND ENFORCEMENT
ANTI MONEY LAUNDERING
INTERNATIONAL CO-OPERATION
WHISTLEBLOWING
WHAT WE DON’T DO
HOW TO APPLY
PERMITTED ACTIVITIES
THE APPLICATION PROCESS
FORMS & FEES
E-SUBMISSION
FAQ
CAPTIVE INSURANCE
ASSET MANAGEMENT
LEGISLATION
QFC LEGISLATION
CONSUMER PROTECTION
INVESTING: THINGS TO CONSIDER
CUSTOMER DISPUTE RESOLUTION SCHEME
HOW TO MAKE YOUR COMPLAINT
INDEPENDENT ADJUDICATORS
SUMMARY OF CDRS OUTCOMES
PUBLICATIONS
POLICIES AND GUIDES
GUIDES
CONSULTATION PAPERS
POLICY STATEMENTS
CORPORATE DOCUMENTS
QFC ANNUAL ACTIVITIES SUMMARY
QUARTERLY ACTIVITIES SUMMARY
ANNUAL REPORTS
STRATEGIC PLAN
LUGHATNA
PUBLIC REGISTERS
MEDIA CENTRE
GLOSSARY
PRESS RELEASES
ENFORCEMENT PRESS NEWS
EVENTS
PHOTO GALLERY
VIDEOS
E-NEWS SUBSCRIPTION
PRESS ENQUIRY
NATIONALISATION
HOME
|
HOME
|
WHAT WE DO
|
SUPERVISION AND AUTHORISATION
Quick Launch
OBJECTIVES
SUPERVISION AND AUTHORISATION
Currently selected
A RISK-BASED APPROACH TO REGULATION
MACRO-PRUDENTIAL
CAPTIVE INSURANCE AND ASSET MANAGEMENT
POLICY AND ENFORCEMENT
ANTI MONEY LAUNDERING
INTERNATIONAL CO-OPERATION
WHISTLEBLOWING
WHAT WE DON’T DO
Page Content
SUPERVISION AND AUTHORISATION
The QFC Regulatory Authority is committed to pursuing a risk-based approach to supervision that involves monitoring of financial information and regular on-site and off-site risk assessments. The QFC Regulatory Authority continues to be guided in its work by the various international supervisory standards set out by the Basel Committee on Banking Supervision, the IAIS and International Organisation of Securities Commissions (IOSCO).
In addition to closely supervising risk at the authorised firm level, it is essential that risks and trends are tracked and evaluated at the aggregate macro-prudential level. The events of 2008 clearly exposed the vulnerabilities of the financial industry whose business models depended too heavily on access to concentrated funding sources, an over concentration in certain asset classes, and often involved excessively high levels of leverage. Two major factors contribute to the development of the crisis, the weakness in risk management practices at the industry level, and the limited oversight capabilities by regulatory regimes even in the most sophisticated financial markets.
The QFC Regulatory Authority has taken concrete steps to further strengthen its ability to respond to any future systemic or financial contagion risk considerations by supplementing its management team with risk management experts with extensive regulatory and industry experience. In this regard, the Risk function is in the process of facilitating efforts to provide leadership and independent expertise, particularly from a macro-prudential perspective, not only to safeguard stability within the QFC but also for the purpose of championing financial industry risk management best practices across Qatar and in the region. This investment in risk management capabilities is an important addition to the QFC Regulatory Authority’s capabilities which will continue to be strengthened during the years to come.
To read more, check
the
Application and Regulation Process and Guides.