Legislation is the collective term for laws, regulations and rules. In the context of the QFC Regulatory Authority, legislation consists of the Constitution of the State of Qatar, the Qatar Central Bank Law, the Qatar Financial Centre Law, and the QFC Regulations and Rules.
The QFC operates to international standards and provides a first class legal and business infrastructure for those doing business in or from the QFC. The QFC’s commercial and regulatory environment conform to international best practices and are separate from and independent of the State of Qatar. The Legislative Counsel department is responsible for developing the regulatory and legislative regime of the QFC Regulatory Authority through the drafting of rules, regulations, guidance and other legislative instruments.