regulation

Law No. (20) of 2019

Issuing bodyQFCRA
CountryQatar
RegionQFC
Date issued2019
AMLCTFFinancial Regulation

Law No. (20) of 2019, issued by the QFCRA in Qatar, establishes a legal framework for combating money laundering and terrorism financing. It repeals Law No. (4) of 2010 and mandates concerned parties to comply with its provisions within six months of its effective date, with potential extensions granted by the Council of Ministers. The Council of Ministers will issue implementing regulations.

Key requirements
  • All concerned parties must make necessary arrangements to comply with the provisions of the law within six months of its effective date.
  • The Council of Ministers shall issue implementing regulations for the law.
  • Competent authorities are responsible for implementing the law within their respective areas of competence.
Applies to: All concerned parties subject to the provisions of the Law on Combating Money Laundering and Terrorism Financing in Qatar
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