Qatar Financial Markets Authority (QFMA) was established under Law No. 33 of 2005 as an independent regulatory authority to supervise the financial markets and firms that are authorized to conduct activities related to securities in or from the State of Qatar, and empowered to exercise regulatory oversight and enforcement over the capital markets.
Recently, the QFMA new law No. 8 of 2012 has been issued to give the QFMA wider responsibilities and obligations to supervise and monitor the securities industry in the state of Qatar and increase the scope of international cooperation.
In pursuant of its objectives, the QFMA has been enhancing its regulatory infrastructure, based on internationally recognized best practices and standards for the capital markets to create a world-class capital market in the State of Qatar enabling it to top a leading position in the region through focusing on four strategic pillars that are (1) protect investors, (2) ensure fair and efficient financial markets, (3) enhance transparency, proficiency as well as awareness and markets integrity, and (4) constrict misleading information and deceptive conduct affecting financial products and services.