Page 75 - Annual Report 2020
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/ 70                                                                                                                                                                                                                                                                                                        QF CR A ANNU AL REP OR T 2020





                                                                                                             Promoting Financial Literacy





                   Partnering with peer regulators                                                           Virtual internship with Georgetown University


                   and other agencies in Qatar
                                                                                                             Nine undergraduate students at Qatar Foundation                                            Head of International Cooperation at the Regulatory

                   The Regulatory Authority has continued to work                                            partner Georgetown University in Qatar (GU-Q) were                                         Authority, Maryam Mohammed, who managed the

                   closely with the Qatar Central Bank (QCB) and the                                         chosen to pilot a six-week-long online internship                                          project, said
                   Qatar Financial Markets Authority (QFMA) under                                            program at the Regulatory Authority, gaining valuable
                                                                                                                                                                                                                        At the Regulatory Authority, internships that
                   the auspices of the Financial Stability and Risk                                          hands-on work experience without ever setting foot
                                                                                                                                                                                                                        train future leaders in the finance sector are
                   Control Committee chaired by His Excellency,                                              in an office. The Regulatory Authority had developed
                                                                                                                                                                                                                        an important effort in developing Qatar’s
                   Sheikh Abdulla bin Saoud Al-Thani, Governor of the                                        the first of its kind virtual internship prior to the
                                                                                                                                                                                                        economy and a key driver of Qatar’s national
                   QCB and Chairman of the Regulatory Authority.                                             pandemic, which quickly became a timely model
                                                                                                                                                                                                        development. Through the launch of our first online
                                                                                                             initiative when the crisis hit.
                                                                                                                                                                                                        internship, we wanted to expand those opportunities,
                   The Regulatory Authority continues to participate
                                                                                                                                                                                                        and to let high achieving students know that they
                   in consultations with the QFC Authority, the QCB
                                                                                                                                                                                                        can begin building their careers from anywhere.”
                   and the QFMA on new and amended regulations

                   and rules to provide feedback and input on policy

                   and international best practice.                                                                                                                                                     The nine students, working in a total of four cohorts,
                                                                                                                                                                                                        conducted research and analysed the regulatory

                                                                                                                                                                                                        jurisdictions of QFC’s global business partners. Third-

                                                                                                                                                                                                        year International Economics major Abdul Rehmaan

                                                                                                                                                                                                        Qayyum decided to sign up for the internship to

                                                                                                                                                                                                        gain experience for a future career in finance.



                                                                                                                                                                                                                        “This internship was the right fit for me

                                                                                                                                                                                                                        because it required an interest in finance,
                                                                                                                                                                                                                        and working knowledge of economics

                                                                                                                                                                                                        and politics, fields that are the focus of my degree.

                                                                                                                                                                                                        And I was sure I would receive unparalleled mentorship

                                                                                                                                                                                                        from QFCRA. It was a great experience that taught me a

                                                                                                                                                                                                        lot in terms of skills and knowledge.”






























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