Qatar: QFC Regulatory Authority consults on corporate governance rules
The QFC Regulatory Authority has published for consultation, draft Governance and Controlled Functions Rules 2019 (Governance Rules).
The draft Governance Rules will replace the Governance and Controlled Functions Rules 2012 and the Guide to Corporate Governance for QFC authorized firms.
According to the regulator, ‘the draft Governance Rules have been developed taking into account best international practice and also the corporate governance frameworks of the Qatar Central Bank and Qatar Financial Markets Authority.’
Stakeholders are to submit comments by January 12, 2020.