Signing Coordination Mechanism with National Supervisory Authorities

QFIU, represented by HE Sheikh Ahmed Al Thani, Head, with Qatar Central Bank, represented by Mr. Hisham Al Mannai, Executive Director of Financial Institutions Supervision Sector, Qatar Financial Markets Authority represented by its Chief Executive Officer Mr. Nasser Al Shaibi, and Qatar Financial Centre Regulatory Authority represented by its Chief Executive Officer Mr. Michael Ryan, signed on March 14, 2019 a coordination mechanism to enhance cooperation and effectiveness in operational matters related to Combating Money laundering, Predicate Offenses and Terrorism Financing.

Knowing the importance of their vital and complementary role in achieving the desired results, the signing of this Mechanism reflects the continuing commitment of these authorities to foster greater cooperation in exchanging information to ensure the implementation of an effective and integrated AML/CFT system in the State of Qatar.