The Qatar Financial Centre ( QFC ) is a business and financial centre located in Doha , Qatar, providing legal and regulatory services for local and international companies. Established in March 2005, it advances the Qatari government’s economic policy and contributes to the country's economic diversification and development plans, attracting investment by offering a favorable legal, regulatory, tax and business environment.
7-472: QFC is supported by affiliated organizations that provide its clients a business-friendly ecosystem. The Qatar Financial Centre Regulatory Authority (QFCRA) serves as its financial regulator , while the Qatar International Court and Dispute Resolution Centre (QICDRC) provides a judicial system consisting of a Civil and Commercial Court and a Regulatory Tribunal. To help reduce Qatar’s reliance on
14-427: Is the supervision of designated financial firms and markets by specialized authorities such as securities commissions and bank supervisors . In some jurisdictions, certain aspects of financial supervision are delegated to self-regulatory organizations . Financial regulation forms one of three legal categories which constitutes the content of financial law , the other two being market practices and case law . In
21-484: Is to ensure that investors have access to essential and adequate information for making an informed assessment of listed companies and their securities. Asset management supervision or investment acts ensures the frictionless operation of those vehicles. Banking acts lay down rules for banks which they have to observe when they are being established and when they are carrying on their business. These rules are designed to prevent unwelcome developments that might disrupt
28-452: The early modern period , the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. The objectives of financial regulators are usually: Acts empower organizations, government or non-government, to monitor activities and enforce actions. There are various setups and combinations in place for
35-504: The petroleum industry , QFC promotes growth in the four focus sectors of digital, media, sports and financial services. Apart from Qatar itself, which is working to raise the capacity of its financial services to support more than $ 200 billion worth of infrastructure projects, the QFC also provides a conduit for financial services providers to access nearly $ 1 trillion of investment across the GCC over
42-701: The financial regulatory structure around the globe. Exchange acts ensure that trading on the floor of exchanges is conducted in a proper manner. Most prominent the pricing process, execution and settlement of trades, direct and efficient trade monitoring. Financial regulators ensure that listed companies and market participants comply with various regulations under the trading acts. The trading acts demands that listed companies publish regular financial reports, ad hoc notifications or directors' dealings. Whereas market participants are required to publish major shareholder notifications. The objective of monitoring compliance by listed companies with their disclosure requirements
49-553: The next decade. Financial regulation Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk , which implies that the failure of financial firms involves public interest considerations; and information asymmetry , which justifies curbs on freedom of contract in selected areas of financial services, particularly those that involve retail clients and/or Principal–agent problems . An integral part of financial regulation
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