Qatar Cabinet approves QFMA law amendments and sends them to Shura Council
Published · Updated
What happened
The Cabinet approved draft amendments to the law governing the Qatar Financial Markets Authority and transmitted them to the Shura Council for review. The official summary says the changes cover digital securities, off-market transactions, investment funds, and enforcement provisions.
Why it matters
The move starts the next formal stage in revising Qatar's capital-markets rulebook. Legislative review will determine how quickly supervisors gain wider authority over new instruments and market activity, which matters for fund structuring, compliance planning, and enforcement expectations.
Qatar's Cabinet approved amendments on October 28 to Law No. 8 of 2012 governing the Qatar Financial Markets Authority and referred the draft to the Shura Council. According to the Cabinet statement, the amendments would expand QFMA powers over digital securities, off-market activity, investment funds, and penalties. This creates a live legislative file with a clear next step in parliamentary review and eventual promulgation.
Watch for
Shura Council agenda or committee referral notice listing the QFMA amendments for review by 2026-11-12 Qatar News Agency publication of any Shura Council session summary mentioning debate or first reading of the QFMA amendments by 2026-11-12 Qatar Financial Markets Authority release outlining implementation scope for digital securities or investment funds within the next 72 hours No Shura Council scheduling notice for the QFMA amendments by 2026-11-12, indicating slower legislative handling
Sources
- Cabinet Holds Weekly Meeting · qna.org.qa
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