Page 29 - Annual Report 2024 EN
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                   Authorisation





                   In 2024, the Authorisation department granted five new authorisations, most notably the Qatar Derivatives Exchange

                   and the Qatar Central Counterparty. A joint Authorisation and Supervision team is continuing to work with the
                   Exchange in preparation for it to become operational. As part of this preparation, the Authorisation department held

                   two presentations with prospective members of the Exchange regarding the requirements to set up in the QFC.




                   In 2024, the QFCRA worked with the Qatar Investment Authority (QIA) on the Fund-of-Funds Program. This project
                   involves the QIA committing to investing funds with small-to-medium-sized fund managers. As these managers

                   would need to establish a presence in Qatar, the QFCRA has been working closely with the QIA to assist entities

                   that are part of the programme in setting up within the QFC. One such entity was authorised in late 2024.










                   2024 Statistics





                   Licenced Firms



                   Regulated                                                                    65




                   Non-regulated (including 6 Registered Trusts)                              2414



                   Total                                                                      2479






                   Approved Individuals



                   Total                                                                       432
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