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Law No. 8 of 2012 Concerning the Qatar Financial Markets Authority
The Qatar Financial Markets Authority (QFMA) was established by Law No. 8 of 2012 to regulate, supervise, and oversee financial market activities while ensuring stability, transparency, and investor protection. The legislation grants the Authority independent regulatory, financial, and supervisory powers to license market participants, enforce compliance through inspections and penalties, and adjudicate disputes via a dedicated Appeals Committee. It further outlines the Authority's organizational structure, financial framework, and comprehensive penalty regimes for violations, including imprisonment, fines, license suspension, and settlement mechanisms.
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