Qatar Participates in GCC Heads of Capital Market Authorities Committee Meeting

Muscat, March 14 (QNA) - The Qatar Financial Markets Authority (QFMA) participated, in the 26th Meeting of the GCC Heads of Capital Market Authorities (or their equivalent) Committee, which is emanating from the Ministerial Committee of the GCC Financial Markets. The meeting was held today, Tuesday in Muscat, capital of Oman. The State of Qatar was represented by Qatar Financial Markets Authority (QFMA) CEO Tamy bin Ahmed Al Binali. The meeting agenda included a review of the decisions of the 10th meeting of the Ministerial Committee Meeting of Board Chairmen of GCC Securities Regulators held via video conference in November 2022. The key decisions are the approval of the inter-registration agreement of financial products among the GCC financial markets regulators, as well as the adoption of the executive plan to activate the initiative to facilitate the requirements for opening investment accounts and activating the "Know Your Customer" KYC form. They also discussed the minutes of the 15th meeting of the GCC Financial Markets Regulators Working Group Concerning Communication and Investor Awareness as well as followed up on the latest developments regarding the MoU among the GCC financial markets regulators. (QNA)