One of the statutory objectives of the QFC Regulatory Authority is to reduce the extent to which it is possible for Firms in the QFC to be used for a purposes of, or in connection with, financial crime.

 

The QFC Regulatory Authority’s Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regime applies to all Relevant Persons operating in or from the QFC.  

 

It is important to note that the Qatar Financial Centre does not have a separate criminal legal regime from the State of Qatar and the Qatar Penal Code and other federal crimes (including Anti Money Laundering Laws) continue to apply in the Qatar Financial Centre.   However, the QFC AML Regulations and QFCRA AML Rulebook operate independently of local regulatory requirements (the AML instructions of the Qatar Central Bank, the Qatar Ministry of Justice and the Qatar Financial Markets Authority). 

 

For AML specific queries, you can contact the QFC Regulatory Authority’s AML Supervision team on the following email address aml@qfcra.com

AML Law and Legislation