Upon request of the National Anti-Money Laundering and Terrorist Financing Committee (NAMLC) and the Qatar Financial Information Unit (QFIU), the QFC Regulatory Authority notifies the MLROs of financial institutions and designated non-financial businesses and professions (DNFBPs) of updates or relevant notices issued by these bodies or other national and international bodies and associations.
This does not alleviate firms from their regulatory obligation under Rule 2.3.4(e) of the Regulatory Authority AML/CFT Rules 2019, to receive and act on government, regulatory and international findings about AML/CFT issues. Firms are required to keep current with respect to any relevant information issued by these or other relevant bodies.
United Nations Security Council Resolutions
United Nations Security Council (UNSC) Resolutions issued under Chapter VII of the United Nations Charter are immediately binding on all United Nations member states. The UNSC administers a list pursuant to UNSC Resolution 1267 (and 1333, 1390, 1455, 1526, 1617, and 1735) which identifies known individuals and entities associated with terrorist organisations. This list is updated continuously, and amendments are incorporated into the consolidated list which can be found “here”.
The QFC Regulatory Authority also distributes notices issued directly from NAMLC or the Qatar Public Prosecutor’s Office (PPO), relevant statements issued by the Financial Action Task Force, and other agencies such as INTERPOL.