Investment Management Supervision is responsible for the ongoing supervision of investment management and advisory firms in the QFC. Their objective is to ensure that the firms they supervise conduct their activities in a safe, sound, and competitive manner.
Supervisors assess the safety and soundness of the firms in their respective portfolios through quantitative and qualitative analyses undertaken during offsite financial analysis and surveillance as well as during periodic onsite evaluations.
In assessing key vulnerabilities to which a firm may be exposed, supervisors take into account
governance and firm-wide internal control arrangements; assessment of risks to capital and the adequacy of capital to mitigate risks; assessment of risks to liquidity and the adequacy of liquidity to cover risks; and evaluation of the firm’s compliance with the Regulatory Authority’s Rules, including those related to Anti-money laundering and Combating Terrorism Financing.