CTRL 6.3.2 Which firms must have individual to exercise compliance oversight function?

(1) An authorised firm must have an individual who is approved to exercise the compliance oversight function for the firm.
(2) The individual who is approved to exercise the compliance oversight function for the following firms must be ordinarily resident in Qatar:
(a) a QFC bank;
(b) a QFC insurer (other than a QFC captive insurer) that is incorporated under the Companies Regulations.

 

Derived from QFCRA RM/2020-4 (as from 1st July 2021)