Sunday 12 August 2012

Central bank takes the reins of exchange - The National

Qatar is moving towards its goal of creating a unified market watchdog with its central bank taking responsibility for stock exchange regulation.

Thecentral bank last month assumed control of the stock exchange, adding another level of regulatory oversight to the market.

A government circular said the central bank had taken the place of the Qatar Financial Markets Authority (QFMA) as the top stock market regulatory organisation.

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