Organisations that are considered financial institutions (FIs), designated non-financial businesses and professions (DFNBPs) or non-profit organisations (NPOs), according to Qatar Law No. 20/2019 On the Issuing of the Anti-money Laundering law and Qatar Cabinet Decision No. 41/2019 On the Issuance of Implementing Regulation of the Law on Combating Money Laundering and Terrorist Financing Issued by Qatar Law No. 20/2019 should implement a framework for complying with targeted financial sanctions.

• AML: Anti-money laundering.

• CFT: Countering the financing of terrorism.

• Agent for money or value transfer service (MVTS) provider: Any person providing MVTS on behalf of an MVTS provider, whether by contract with or under the direction of the MVTS provider.

• Actual beneficiary: The natural person who owns or exercises actual and final control on the client or the natural person on whose behalf the transactions are conducted, and also including a person exercising actual and final control over a legal person or legal arrangement.

• Bank correspondence relation: The provision of banking services by a correspondent bank for another respondent bank.