The Middle East and North Africa Financial Action Task Force published a mutual evaluation report covering the anti-money laundering and counterterrorist financing regime of Qatar, highlighting that the country still needs to make some major improvements to its counterterrorist financing measures.
Qatar’s Financial Information Unit noted the participation of its employees in an online workshop hosted by the Middle East and North Africa Financial Action Task Force and the Egmont Center for FIU Excellence and Leadership.
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Qatar Regulator Disciplines Director of Horizon Crescent Wealth LLC with of QAR 548,121 Fine, Indefinite Ban
The Qatar Financial Centre Regulatory Authority disciplined Robert Sharratt, the director of the Doha, Qatar-based non-financial business entity for misconduct and regulatory compliance failures.
The Qatar Financial Centre Regulatory Authority fined the Doha, Qata-based insurance intermediary firm for violations of the Anti-Money Laundering and Combating Terrorist Financing Rules 2010 and the General Rules 2005.
|Compliant : 32||High : 0|
|Largely Compliant : 8||Substantial : 4|
|Partially Compliant : 0||Moderate : 6|
|Non-Compliant : 0||Low : 1|
|Rank : 39/141|
|Score : 5.87/10|
|Rank : 30/180|
|Score : 62/100|
|Rank : 20/133|
|Score : 77/100|