QFIU organized the “Fourth Forum of the Public-Private Dialogue” on 21-24 June 2020, whereas virtual sessions were held with all the reporting entities from the financial private sector, such as financial institutions under the supervision of Qatar Central Bank (QCB), Qatar Financial Centre Regulatory Authority (QFCRA), and Qatar Financial Markets Authority (QFMA), in addition to representatives from the NPOs Sector under the supervision of the Regulatory Authority for Charitable Activities (RACA).
The meetings, which were held remotely in compliance with the government instructions on implementing social distancing, tackled different matters, namely the pandemic COVID-19 and its consequences, the Circular No.(1) of 2020 on Reporting Entities Responsibilities in Light of COVID-19 Pandemic as perceived by the QFIU, in addition to the impacts and risks stemming from COVID-19 faced by the supervisory authorities and the reporting entities.
The Regulatory Authority for Charitable Activities (RACA) delivered a presentation about COVID-19 challenges faced by NPOs. Representatives from Qatar National Bank (QNB) and the Islamic Financial Securities Company shared as well as the challenges they faced in this regard and the measures taken to mitigate and overcome them.