Page 10 - Annual Report 2020

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A Commitment to

International Standards

and Co-operation

The Regulatory Authority works closely with a number of

public entities and professional organisations on the joint
efforts of strengthening Qatar’s regulatory framework

and building a legacy of regulation for the State. The

Regulatory Authority plays an active leadership role in

the support of initiatives that develop national standards

and international best practices for the financial sector.

Since its establishment in 2005, the Regulatory

Authority has pursued compliance with the principles
and standards of the international financial standard-

setters, among them the Basel Committee on Banking

Supervision, the International Association of Insurance

Supervisors, the International Organization of Securities

Commissions, the Financial Action Task Force, and the
Islamic Financial Services Board. Many of the initiatives

of the Regulatory Authority have been undertaken

to align its regulatory efforts with the standards and
principles of these international organisations.

T ABLE OF C ONTENT S