ID :
531887
Thu, 05/09/2019 - 20:01
Auther :

QCSD, GAMA Sign Cooperation Agreement

Doha, May 09 (QNA) - Qatar Central Securities Depository (QCSD) and General Authority for Minors Affairs (GAMA) signed a joint cooperation agreement aims to provide services and organizing the exchange of data of the minors and those of their kind and the deceased electronically. This agreement reflects the keenness of QCSD to enhance joint cooperation with the relevant parties in line with QCSD's ambitious and continuous plans for speedy completion, saving time and effort and ensuring the safe completion of operations. Under the agreement, the current procedures exchanged between GAMA and QCSD will be transferred to electronic procedures in line with the state's strategy to achieve Qatar National Vision 2030. Among the main objectives of this agreement is the rapid implementation of procedures for the registration and management of minors' affairs, the continuous and timely updating of deceased data and the facilitation of procedures for the transfer of ownership of securities, in addition to, the accuracy of implementation and follow-up, and the reduction of human's errors. Also, it contributes to the creation of a sustainable environment by reducing the use of paper correspondences and contributes to the achievement of Qatar National Vision 2030. (QNA)

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