Qatar plans for single supervisor
Qatar has said it will introduce one regulator to supervise the banking, insurance, securities and asset-management industries by early 2008.
H.E Yousef Hussain Kamal, Qatar’s finance minister, said: “This initiative, aimed at creating a best-practice legal and regulatory environment for Qatar’s entire financial sector, illustrates the government’s commitment to the development of a thriving financial services industry.”
The new regulator will handle work dispersed among the Qatar Central Bank’s Department of Banking Supervision and its
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