qfcra

AML/CFT Law and Legislation

The QFC Regulatory Authority’s Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regime applies to all relevant persons operating in or from the QFC. Firms operating in or from the QFC are subject to the Qatar State legislation and the QFC AML/CFT Rules.

State Law and Legislation

Law No. (20) of 2019 on Combating Money Laundering and Terrorism Financing

Implementing Regulations of Law No. (20) of 2019 on Combatting Money Laundering and Terrorism Financing

Decree Law No. [19] of 2021 Amending Some Provisions of the Law No. (20) of 2019 on Combatting Money Laundering and Terrorism Financing

Council of Ministers’ Decision No. [14] of 2021 Amending some Provisions of the Implementing Regulations of the Law on Combatting Money Laundering and Terrorism Financing Promulgated by the Council of Ministers’ Decision No. (41) of 2019

Firms should also be aware that the following Qatari Criminal Laws apply in the QFC:

Law No. (27) of 2019 Promulgating the Law on Combating Terrorism

Implementing Regulations of 2020 (Targeted Financial Sanctions)

Law No. (11) of 2004 (Penal Code of Qatar)

Law No. (6) 2020 amending Criminal Procedures Code Law No. (23) 2004

Note: The English translations of the above laws are unofficial translations of the official laws, which are in Arabic.

Repealed Anti-Money Laundering/Combating Terrorist Financing State Legislation