The regulatory authorities are committed to enhancing professionalism in the financial services industry and providing tools and assistance for the development of financial services skills in Qatar. Standards of professionalism and technical skill can be clearly communicated by the regulatory authorities through training and competency regimes which incentivise achievement and clearly confirm standards. These guidelines, based upon international best practice, provide firms and their employees with a framework to elevate the level of talent in the industry, help them succeed and better meet their customers’ needs. In considering this type of framework, it is also important to ensure that suitable training and development resources are available in the State. Adopting a long-term perspective, the Strategic Plan seeks to identify ways to meet the future financial services training needs of the State through a Financial Services Training Centre.