The QFC Regulatory Authority (“the Regulatory Authority”) has held “Briefing Sessions” that QFC Firms were invited to attend. The sessions took the form of a presentation by the Regulatory Authority on the recent developments to Qatar’s and the QFC’s Anti-Money Laundering / Combating Terrorist Financing (AML/CTF) Regime, followed by an open discussion. 

The aim of the sessions was:

·         present the revised QFC AML/CTF regime taking into account recent legislation; and

·         engage in discussion and comment with Regulated Firms.

The agenda for the session included: 

·         Welcoming remarks and introduction;

·         Presentation on the State Law No. (4) of 2010 on Anti-Money Laundering and Combating the Financing of Terrorism, the QFC Anti-Money Laundering and Combating Terrorist Financing Rules  2010 and the QFC’s regulatory approach to Anti-Money Laundering and the Combating of Terrorist Financing; and

·         The AML/CTF Rules working draft Guidance; and

·         Questions & answers.