HE Governor of Qatar Central Bank (QCB) Sheikh Abdulla Bin Saoud Al-Thani launched on Thursday the second version of QCB's website. The new website retains the same characteristics of the earlier version, namely an easy navigation and access and a clear presentation of different topics and information.
Updating QCB's website, which has been rebuilt using the latest technologies, keeps pace with the expansion of the bank’s responsibilities. QCB undertakes additional tasks by virtue of the new law issued under QCB law No. (13) of 2012, viz. licensing and supervising insurance/ reinsurance companies and insurance intermediaries, and bringing the whole financial sector under the supervision of QCB. Thus, QCB has become the supreme authority responsible for establishing the appropriate framework for supervision, regulation and control of all financial services and markets in Qatar.
The updated website introduces comprehensive in-depth information, data and analyses on QCB’s various activities. Its main sections include: About QCB, Strategic Plan, Related Legislations, Policy framework, Public Debt Tools, Financial Stability, Supervision and Customer Protection. Under each section, there are important subdivisions such as: QCB Objectives, Regulatory Structure, Instructions to Banks, Exchange Rate Policy, Payment Systems, Onsite and Offsite Supervision, Licensing and Registration and Anti-Money Laundering and Combating of Financing of Terrorism (AML/ CFT). QCB’s new website also offers links to other related national, regional or international banks and financial institutions such as: IMF, AMF, and World Bank and its affiliates, in addition to a number of important information, reports, statistics and financial indicators.