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THE FINANCIAL STABILITY AND

RISK CONTROL COMMITTEE

The Financial Stability and Risk Control Committee was created
under Law No. 13 of 2012, Article 116. The committee was formed to
enhance co-operation and information exchange among Qatar’s
three regulators: the Qatar Central Bank, the Qatar Financial Mar-
kets Authority and the QFC Regulatory Authority.

The committee is chaired by His Excellency Sheikh Abdulla Bin
Saoud Al-Thani, Governor of the Qatar Central Bank. Its membership
includes the Deputy Governor and the Chief Executive Officers of
the Qatar Financial Markets Authority and the Regulatory Authority.
The committee’s operational objectives are to provide an early
warning system, to identify, monitor and analyse risks and vulner-
abilities in the financial system as a whole, to propose possible
remedies, and to ensure that these remedies are put into effect
and that their impact is satisfactorily assessed.
Aligned with the goals and objectives of the Qatar National Vision
2030 and the Second Strategic Plan for Financial Sector Regula-
tion 2017-2022, the work of the committee focuses on the study of
potential risks resulting from services, works, activities and financial
markets, and the issuance of relevant solutions and proposals; the
coordination between regulatory, supervisory and oversight author-
ities in the State, with the goal of strengthening the co-operation
and the exchange of information among them to result in a homo-
geneous regulatory and supervisory environment; and the creation
of policies relating to organisation, control and supervision, includ-
ing licensing, anti-money laundering, and other policies pertaining
to services, works, activities and financial markets.