July 4, 2021
QFCRA proposes new Rules to update its Professional Investor Fund Regime
Doha, Qatar, 4 July 2021: The Qatar Financial Centre Regulatory Authority (QFCRA) has released a Consultation Paper that proposes a comprehensive updating and broadening of the regulatory framework for p
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June 10, 2021
QFCRA Commences Programme on International Financial Systems
Doha, Qatar, 9 June 2021: The QFC Regulatory Authority announced the commencement of the Program on Essentials of International Financial Systems. This programme is a collaboration between the Program on Internation
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November 24, 2020
QFC Regulatory Authority files legal action in New York to enforce judgment against First Abu Dhabi Bank
Doha, Qatar, 24 November 2020:
The Qatar Financial Centre Regulatory Authority (QFCRA) announced today that it has commenced legal proceedings in New York to compel First A
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October 6, 2020
THE QFC REGULATORY AUTHORITY TAKES FURTHER ACTION AGAINST INTERNATIONAL FINANCIAL SERVICES (QATAR) LLC, IFSQ cannot undertake any new business or additional services for existing customers
Doha, Qatar, 6 October 2020: On 17 September 2020, the QFC Regulatory Authority (the
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October 4, 2020
QFC REGULATORY AUTHORITY ANNOUNCES QAR 728,000 FINANCIAL PENALTY ON TAKAFUL INTERNATIONAL COMPANY B.S.C
Doha – Qatar, 27 September 2020: The QFC Regulatory Authority (“the Regulatory Authority”) today announced that it had imposed a financial penalty of QAR 728,000 on Taka
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October 4, 2020
THE QFC REGULATORY AUTHORITY TAKES ACTION AGAINST INTERNATIONAL FINANCIAL SERVICES (QATAR) LLC
Doha, Qatar, 23 September 2020: On 17 September 2020, the QFC Regulatory Authority (the “Regulatory Authority”) issued International Financial Services (Qatar) LLC (QFC No. 0010
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September 21, 2020
Qatar Financial Centre Regulatory Authority moves to the Microsoft trusted cloud
Doha, Qatar; 14 September 2020 – The Qatar Financial Centre Regulatory Authority (QFCRA) today announced its migration to the Microsoft Cloud in efforts to accelerate its digital transformation jour
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August 23, 2020
QFC Regulatory Authority agrees to Settlement with GlobeMed Qatar LLC
Doha, Qatar, 22 August 2020: The QFC Regulatory Authority (the “Regulatory Authority”) announced today that it has agreed a settlement with GlobeMed Qatar LLC (“GlobeMed”).
The investigation revealed
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August 20, 2020
QFC Regulatory Authority takes disciplinary action against David Russell, former CEO of Guardian Wealth Management Qatar LLC (in liquidation)
Doha, Qatar, 19 August 2020: The QFC Regulatory Authority (the “Regulatory Authority”) announced today that it had taken discipli
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March 29, 2020
QFC Regulatory Authority fines Horizon Crescent Wealth QAR 30,000,000 for Regulatory Violations
Doha, Qatar, 29 March 2020: The QFC Regulatory Authority (the “QFCRA”) today announced that it had taken enforcement action against Horizon Crescent Wealth LLC (“HCW”) and that
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October 7, 2019
QFC Regulatory Authority Agrees to Settlement with NEXtCARE Lebanon SAL, QFC Branch
The QFC Regulatory Authority (“the Regulatory Authority”) announced today that it has agreed a settlement with NEXtCARE Lebanon SAL, QFC Branch (“NC”).
The investigation revealed t
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August 25, 2019
QFC Regulatory Authority imposes QAR 200,000,000 fine on First Abu Dhabi Bank PJSC for obstruction of investigation into market manipulation
The QFC Regulatory Authority (“QFCRA”) announced today that it has imposed a financial penalty of QAR 200,000,000 (USD 54,945,055) on F
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July 14, 2019
International Financial Services (Qatar) LLC fined USD$100,000 by the QFC Regulatory Authority
The QFC Regulatory Authority (the “Regulatory Authority”) today announced that it had agreed a settlement with International Financial Services (Qatar) LLC (“IFSQ”) to impose a f
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