121-122 Register10, 1st and 2nd Floor, Regus AL Jaidah Business Centre, The Pearl, Doha, Qatar. Mr. Kruger received an undergraduate degree from the University of Pretoria. He also served as President of INTERPOL from 2008 to 2012. The Directors of the Regulatory Authority serve for three year terms, and the new Board will constitute the third Board to serve the Authority since its establishment in 2005. The Qatar Financial Centre (QFC) is a financial and business centre established by the government of Qatar and located in Doha. Sheikh Abdullah Bin Saud Al Thani, current governor of the Qatar Central Bank, has been appointed as chairman, replacing Phillip Thorpe. Directors – LLC Mr Dhaker Gnaba Registered Address Office No. Sheikh Bandar Bin Mohammed Bin Saoud Al-Thani. In the past he was Managing Director-Supervision & Authorization at Qatar Financial Centre Regulatory Authority. Aged 68. has held several other key supervisory positions. Nationality German and US Citizen. Cabinet gives approval to reform QFC Authority Board of Directors. Tamim bin Hamad was born on 3 June 1980 in Doha, Qatar. Career In a recent decision made in December 2019, QFCRA strengthened audits of QFC certified companies for non-compliance with corporate governance guidelines and financial penalties for the organization’s senior management and board of directors. Regulatory Objectives; ... ©2022 Qatar Financial Centre Regulatory Authoritycherry.qa. 3- Chief Executive Officer of the Qatar Financial Centre Regulatory Authority (QFCRA). Contact Us. Errol Melville Kruger is on the board of Nedbank Group Ltd., Nedbank Ltd., Qatar Central Bank and Capital Appreciation Ltd. The QFC Regulatory Authority is the independent regulatory body of the Qatar Financial Centre (QFC). The Qatar Financial Centre (QFC) is an onshore business and financial centre located in Doha, providing an excellent platform for firms to do business in Qatar and the region. (1) An Investment Club shall have at least one director. The Qatar Financial Centre Regulatory Authority has announced the appointment of Mr Michael Webb as the new Managing Director for Financial Sector Development and Policy. The Annual and Extraordinary General Meeting, was […] QFC aims to promote Qatar as a major business and commercial hub at the crossroads between East and West. He is a member of the Group Board Audit and Compliance Committee. Financial Policies in the Ministry of Finance of Qatar. A Chartered Engineer. Significant Shareholders Mr Mohammed Mubarak A E Al-Khater. Tenure Appointed a Director May 20, 2020. Qatar Cabinet has approved the renewal of the Board of Directors at the Qatar Financial Centre Regulatory Authority (QFCRA), effective March 8 of 2021. Significant Shareholders Mr. Zeid Sakir. DOHA: The Qatar Financial Centre (QFC) Authority on Wednesday announced that it will host the 7th MultaQa Qatar conference from March 11 to 12, 2013 in Doha. He was Deputy Governor and Vice-Chairman of the Qatar Central Bank from March 2018 to October 2021. Dana Baisilie Strategy Specialist - Strategy & Business Development Department at Qatar Financial Centre (QFC) Authority قطر. He also played key leadership roles in the Investment Department at Qatar Central Bank. Mar 18, 2021. News Events. Article 49 - Appointment of Directors. With more than 30 years of police experience and recognised expertise in organisational management, he began his career in the Singapore Police Force in 1977, and was its Commissioner from 1997 to 2010. From March 2018 until October 2021, His Excellency was Deputy-Governor and Vice-Chairman of the Board of Directors of Qatar Central Bank and Deputy Chairman of the QFC Regulatory Authority. Board Governance; Board of Directors; The Executive Team; Corporate Social Responsibility; Contact Us; Whistleblowing; WHAT WE DO. 27, Fasht Lahadid No. He then attended … Registered Address Office No. It has a statutory duty to … The Qatar Financial Centre QFC Institutions: The QFC Companies Registration Office, and any arbitral body or other institution or body created under Article 6 or Article 9: QFC Authority: The Qatar Financial Centre Authority established pursuant to Article 3: The Board: The Board of Directors of the QFC Authority: The Chairman: M. Jaffar Iqbal Associate Director, Insurance Supervision, at Qatar Financial Centre Regulatory Authority (QFCRA) 500+ connections 13 of 2012. Abdul Rahman Ahmad Al-Shaibi. Legal Status QFC LLC. ... was appointed by the Board of Directors to assist the … Qatar is considered as an IGA partner jurisdiction, and as such Qatari based Financial Institutions should not be subject to a 30% withholding tax on US source income, unless they fail to meet the requirements set out in the Agreement. Dhareeba tax portal aims to provide tax services efficiently and easily. Overview Board of Directors Executive Committee Mission, Vision & Values QFC Benefits ... Media Centre. H.E. • Chairman of the Board of Directors of Economic Zone company "Manateq" • Acting Chairman and Deputy Chairman of Qatar Financial Centre • Board Member of the following companies: o Supreme Council for Economic Affairs and Investment o Qatar Investment Authority (QIA) o Qatar Petroleum (QP) o Milaha (Qatar Navigation) For companies registered in either Qatar and or the Qatar Financial Centre (“QFC”), Law 5 of 2002 (the “Commercial Companies Law”) and the QFC Contract Regulations (Regulation 4 of 2005) provide us with some rules regarding corporate authority in Qatar. The QFC Regulatory Authority is the independent regulator of the QFC, established to authorise and regulate firms and individuals conducting financial services in or from the QFC. Mr. Al-Shaibi was previously employed as a Chief Coordinator & Press Contact by Industries of Qatar Co. is also the Deputy-Chairman of the Board of Directors of Qatar Development Bank and a Member of the Boards of Directors of the Qatar Investment Authority and Qatar Energy. Outside interests/ commitments Non-executive Director of Prudential Financial Inc, Colgate-Palmolive Company, and Truata Ltd. Age Born 1960. Mr. Doha: The Emir H H Sheikh Hamad bin Khalifa Al Thani has issued Emiri Decree No 1 of 2013 appointing the Board of Directors of the Qatar Financial Markets … 7 of 2005 of the State of Qatar. ... goal. Throughout his extensive career, H.E. Directors – LLC Mr Mohammed Mubarak A E Al-Khater. The PMI increased to a fresh record high of 67.5 in May, up sharply from April's previous peak of 63.6. He is an Executive Director and Chief Financial Officer of CKI and an Executive Director of Power Assets. ... Lori A Richards joins Wahed’s board of directors. (30) of 2018 Regarding Issuing the Law on the Protection of Personal Data PDF (304 KB) (Arabic only) Studies . Language. Our Clients. As follows: - HE the Governor - President Displaying 1 - 50 of 51 Chinese digital bank plans Sukuk as it eyes a slice of Islamic finance pie. It has been established to attract International Financial Services institutions and major multinational corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region. The Cabinet, at a meeting chaired by Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani on Wednesday, approved the restructuring of the Board of Directors of Qatar Financial Centre Authority (QFC Authority) headed by the Minister of Commerce and Industry. 98, Doha, Qatar Significant Shareholders … QC to strengthen relations with Malaysian Investment Development Authority; Qatar Chamber meeting reviews criteria to hike private schools fees; ... Qatar Chamber Chairman inaugurates Al Amodi Centre; Qatar forges stronger trade ties with other countries: Sheikh Khalifa ... Board of Directors & General Manager. P 1505 -D,15th Floor, Alliance Business Centers, Palm Twin Tower - B, No. Sheikha Alanoud Bint Hamad Al-Thani. Dato Mohd Rosli Sabtu was appointed as the first Managing Director of Autoriti Monetari Brunei Darussalam (AMBD) in January 2011. Posted 3 years 8 months ago. Article 6 – Powers of the QFC Authority. ... Mr. Karnik is the Head of Infrastructure at Qatar Investment Authority ("QIA"). He is on the Board of Directors at Mesaieed Petrochemical Holding Co. QSC, Qatar Steel Co., Qatargas Operating Co. Ltd. and Qatar Financial Centre Authority. The QFC Regulatory Authority is an independent regulatory body established by the QFC Law. The Qatar Financial Centre Regulatory Authority has announced a board shakeup. Authorised Share Capital QAR100,000.00. Even though FATCA is a US law, it impacts Financial Institutions (“FIs”) organised outside the US and their customers across the world. The United States enacted FATCA with an objective towards obtaining information on certain US persons with income or assets outside the United States for the purpose of increasing compliance with US tax laws. He has held a number of prominent positions, including the post of Minister of Economy and Commerce of Qatar and Vice Chairman of Qatar National Bank. Article 5 – Objectives of the QFC Authority. Qatar Financial Centre Regulatory Authority. (Doha Time) at the offices of the Qatar Financial Centre Authority, Qatar Financial Centre Tower 1, West Bay. The shareholders of Qatar First Bank (QFB) gave their approval for a special resolution related to 50 percent reduction in share capital of QFB’s Board of Directors (BoDs). The Presence of Qatar Financial Centre Authority's profile does not indicate a business or promotional relationship of any kind between RelSci and Qatar Financial Centre Authority. QNA. It is derived from indicators for new orders, output, employment, suppliers’ delivery times and stocks of purchases. Authorised Share Capital QAR100,000.00. H.E. 920, Onaiza 63, Doha, Qatar. 1437. Mr. Abdullah Al Turifi serves on the Board of Directors for Dubai International Financial Centre Authority, following his appointment in October 2020. The QFC Global Community; ... Resource Centre ; Resource Centre. The Office of Communications (Welsh: Y Swyddfa Gyfathrebiadau), commonly known as Ofcom, is the government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom.. Ofcom has wide-ranging powers across the television, radio, telecoms and postal sectors. Annual Report and Accounts 2008. Each Board member is entitled: SAUDI ARABIA: SEDCO Capital REIT obtains approval from board of directors to acquire Ajdan Entertainment Complex for SAR164.75 million (US$43.87 million) ... Qatar Financial Centre Authority. Article 7 – The QFC Companies Registration Office. A+ A-. Significant Shareholders Ms Dina Eyad Hussein Abu Amara. It has been established to regulate firms that conduct financial services in or from the QFC. Deputy CEO & Chief Business Officer. Box 22989, Doha, Qatar +974 44 95 68 88 +974 44 95 68 68; info@qfcra.com; It reviews the latest regulations and provides support, advice, and guidance to the QFC community. Board Governance; Board of Directors; The Executive Team; Corporate Social Responsibility; Contact Us; Whistleblowing ©2022 Qatar Financial Centre Regulatory Authoritycherry.qa. 8.The QFMA and the Regulatory Authority remain independent regulators under the management and direction of their respective Boards of Directors in accordance with the Law regarding the Qatar Financial Market Authority (Law No.8 of 2012) (“QFMA Law”) and the Qatar Financial Centre Law (Law No.7 of 2005) (“QFC Law”).