QFCRA

AcronymDefinition
QFCRAQatar Financial Center Regulatory Authority (Doha, Qatar)
References in periodicals archive ?
First Abu Dhabi Bank (FAB) on Sunday rejected allegations by Qatar Financial Center Regulatory Authority (QFCRA) for obstructing a probe as the UAE's largest bank stressed that it was providing all relevant information required under the Qatar Financial Center laws to the authority.
The decision to close its QFC branch follows "many months of baseless actions by the QFCRA that have made it impossible for FAB's operations to continue in Qatar," reported Emirates news agency Wam , citing a statement issued by FAB.
The MoU was signed by H E Dr Tahir bin Salim bin Abdullah al Amri, executive president of the CBO and Michael Ryan, chief executive officer of QFCRA.
Tahir bin Salim bin Abdullah al- Amri, CBO Executive President and Michael Ryan, CEO of QFCRA.
Presently there is no practical impact of the expansion of the QCB powers on the QFC financial institutions and the QFC banks remain subject to the supervision of the QFCRA.
With the upgraded licence, ICICI Bank QFC branch can now accept deposits from and provide credit to business customers as per the QFCRA rules.
Phillip Thorpe, CEO of the Qatar Financial Centre Regulatory Authority (QFCRA) since March 2005, has said Qatar has taken a reform-minded step which other regional states would find difficult to follow, adding: "The process will be difficult for some firms and I am sure we will have to deal with some cultural issues - but there is the political will to make it happen".
In particular, the expertise of the QFC Regulatory Authority in handling insurance, investment banking and asset management would be of great value as we embark upon a consolidated strategy for the 3 principal regulatory institutions (QCB, QFCRA and QFMA) in further improving financial sector regulation in the State of Qatar.
"The government started issuing treasury bonds in 2008 and listed on the Qatari bourse for trade in late December, 2011" said Sheikh Abdullah who is also Chairman of Qatar Financial Centre Regulatory Authority (QFCRA).
The Qatar Financial Centre Regulatory Authority (QFCRA) in the Arabian Peninsular state of Qatar confirmed that it had approved the opening of a
The Qatar Financial Centre Regulatory Authority (QFCRA) said in a statement that the authorization will allow the bank to carry on regulated activities in relation to deposit taking, providing and arranging financing facilities and managing investments.
The Qatar Financial Centre Regulatory Authority (QFCRA) said in a statement that the authorisation will allow the bank to carry on regulated activities in relation to deposit taking, providing and arranging financing facilities and managing investments.