Upon reviewing Qatar Law No. 13/2012 on Qatar Central Bank and the Regulation of Financial Institutions, Qatar Law No. 20/2019 on Combating Money Laundering and Terrorism Financing and the Implementing Regulations issued as per Qatar Cabinet Decision No. 41/2019, the Qatar Central Bank has decided to issue the following Instructions to financial institutions to become an integral part of each financial institution’s systems and procedures, in order to detect, control, report and prevent money laundering and terrorism financing.

These Instructions are issued under the QCB Law and the AML/CFT Law. Any violation thereof penalties stipulated in the AML/CFT Law shall be applied.

(1) These Instructions come into force from the date of issue.