Page 49 - Annual Report 2022 EN

/ 49 T ABLE OF C ONTENT S

2022 highlights

Macroprudential Analysis Enterprise Risk Management

Research and analysis produced at the macro level The department provided four reports during the year to

continued to foster the position of the QFCRA to carry out the Audit and Risk Committee. In September 2022, the

its functions effectively and to contribute constructively QFCRA migrated its risk register and related governance
to the work of Qatar’s FSC, in close collaboration and processes to an internally developed online cloud-

partnership with senior members of staff from the based platform utilising Microsoft Power BI functionality

QCB and the QFMA. During the year, the department to enable real-time interactive risk management

held meetings with several external stakeholders to reporting and analysis, and automated workflows
identify and discuss key risks to domestic financial and coordination with all internal stakeholders.

stability and prepared QFCRA input for the quarterly

financial stability indicators reports for the FSC.
Strategic Plan

The department provided assistance and
The QFCRA provided its input into the Third Financial
information to various international organisations,
Sector Strategic Plan and participated in various
including the International Monetary Fund.
stakeholder workshops with the QCB and QFMA to

further consider and develop potential initiatives.
In 2022, under QFCRA’s risk-based supervision

framework, the Macroprudential Analysis department

provided insights on macroeconomic and financial Regulatory Project Coordination

stability to microprudential supervisory staff,
The QFCRA is working in cooperation with the
senior management, and the Board of Directors.
QCB, QFMA, QFCA, QE and QCSD to coordinate
Macroprudential surveillance operates alongside
and provide input on various multi-year financial
microprudential (entity level) surveillance to
sector regulatory initiatives including an executive
assist supervisors in their efforts to prevent
action plan for capital markets. The QFCRA is the
or mitigate the effects of risks identified.
Lead Owner for five action items including the

derivatives exchange rulebook and digital assets as
Macroprudential surveillance assisted QFCRA in
set forth in the QFCRA policy work programme.
identifying and assessing important changes in the
financial sector (i.e. banking, insurance, and investment
Additionally, the QFCRA commenced the development
management, as well as macroeconomic factors
of a cloud-based Microsoft project management solution
affecting these markets; delivering value-added
using Project for the Web platform. The purpose of the
quantitative and qualitative information for forward-
platform is to provide transparent real time reporting
looking monitoring; and detecting macro-financial
and tracking of progress on regulatory projects.
issues that may affect QFCRA authorised firms.