The Qatar Stock Exchange (QSE) has organised a training programme on Combating Money Laundering and the Financing of Terrorism (AML/CFT).
The multiple workshops, attended by the entire staff of the QSE, were aimed at reviewing the key concepts related to AML/CFT along with introducing the QSE’s roles and responsibilities in this regard.
Rashid al-Mansoori, QSE chief executive, highlighted the importance of concerted efforts of all financial and banking institutions operating in Qatar to ensure compliance with the legal controls and regulations related to AML/CFT.
Dr Hashem al-Sayyid, an expert, AML/CFT consultant and specialised trainer in banking and financial issues, gave a presentation in which he explained the objectives of the programme in terms of introducing the participants to the latest developments related to money laundering and terrorist financing crimes and efforts to combat them at global, regional and local levels.
The expert touched upon various topics including the efforts exerted by Qatari institutions in terms of AML/CFT legal, procedural, financial and commercial aspects, based on Law No (20) of 2019, which is the backbone of the national strategy to combat money laundering and terrorist financing.
The QSE is keen to hold AML/CFT sessions on an annual basis to keep its staff well informed of the latest developments in terms of relevant regulations and the new methods used in money laundering and finance of terrorism.
