Qatar Financial Markets Authority Decision No. 2/2023
Concerning the Amendment of Some Provisions of Anti-Money Laundering and Combating Terrorist Financing Rules
Amending
Qatar Financial Markets Authority Decision No. 1/2020 dated 02/01/2020
The Board of Directors,
Having considered Qatar Law No. 8/2012 of Qatar Financial Markets Authority, as amended by Qatar Decree-Law No. 22/2018;
Qatar Law No. 19/2020 on Anti-Money Laundering and Combating Terrorist Financing and its Implementing Regulations issued by the Council of Ministers Decision, Qatar Cabinet Decision No. 41/2019;
The QFMA Regulation issued by Qatar Financial Markets Authority Board Decision No. 1/2008;
The Anti-Money Laundering and Combating Terrorist Financing Rules issued by Qatar Financial Markets Authority Decision No. 1/2020;
QFMA’s Board unanimous approval in accordance with the provisions of Article 6 item (3) of the abovementioned QFMA Regulation; After coordination with Qatar Central Bank; Proposal of the QFMA’s Chief Executive Officer;
And as required by the public interest,
We have decided the following:
Article 1
The provisions of Article (4.1.2 item (1) paragraph (c)) of Anti-Money Laundering and Combating Terrorist Financing Rules mentioned above, shall be replaced with the following: