QFMA issues new rulebook
The Qatar Financial Markets Authority (QFMA) on Sunday issued its new rulebook “Offering & Listing of Securities on the Financial Markets Rulebook”, effective from April 1, 2021.
The issuance comes as a part of its regulatory and supervisory role over the country’s capital market, so that the procedures and requirements for offering and listing are available to a larger segment of companies.
This new issuance comes within the continuous development and update of capital market regulations and legislation, and is in line with the global development of this vital sector, as well as the needs of the capital market sector in the country.
The new rulebook included many controls that contribute to increasing the transparency and raising disclosure level, particularly in the main market.
The QFMA hopes that implementing this new rulebook will increase the number of the listed companies, shares’ turnover and liquidity as well as attract more investments into Qatar’s capital market.