Page 15 - Annual Report 2020
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The Policy and Enforcement division maintained its focus incredible commitment that all our staff members made
on ensuring that our regulatory regime met our regulatory during 2020, their professionalism, and their dedication to
objectives and enabled firms to deliver growth, innovation and delivering the objectives of the Regulatory Authority and
value for customers and investors alike. This focus during 2020 continued contribution to the Second Strategic Plan for
led to new initiatives in corporate governance, strengthened Financial Sector Regulation 2017 – 2022 despite the unique
operational risk framework for banks, and the development challenges presented during 2020. Additionally, I would like
of a new framework for representative offices in the QFC. to acknowledge the support and leadership provided by our
Board of Directors during 2020, and particularly the support
The Corporate Services division played a critical role in and guidance provided by our Chairman, H.E. Sheikh
ensuring that the Regulatory Authority could adapt to the Abdulla Bin Saoud Al-Thani, and our Deputy Chairman,
new working arrangements required by the pandemic, H.E. Sheikh Mohammed Bin Hamad Bin Qassim Al-Thani.
while ensuring operational readiness, efficiency and robust
information security. The division also continued its work
on deepening our partnerships with local universities and
educational institutions, including, for the first time, facilitating
virtual internships. These initiatives have been central to the
important progress that the Regulatory Authority has made
towards creating future Qatari leaders in financial regulation.
On behalf of myself and everyone at the Regulatory Authority,
I would like to thank the Qatar Central Bank and the Qatar
Michael G. Ryan
Financial Markets Authority for their collaboration and support
provided during 2020. I would also like to highlight the Chief Executive Officer
T ABLE OF C ONTENT S