QFMA Presents Listing Rules for Funds Units and New Governance Code for Consultation

Doha, December 01 (QNA) -The Qatar Financial Markets Authority (QFMA) has announced presenting unified listing rules for funds and a new governance code for funds listed on Qatar Stock Exchange (QSE) for consultation to all concerned parties via its official website. Nasser Ahmad Al Shaibi, the CEO of QFMA said: "We continue to strengthen our regulations to meet investor's needs along with adopting the best international practices and their local needs in respect of investment funds and their governance. This step is of great importance to the capital market sector in the country, where QFMA seeks to develop the Qatari capital market and strengthen the elements that attract local and international funds to be listed on QSE." "The review of listing rules and governance code will provide a clear framework for local and international fund management companies to be listed on QSE and encourage the development of asset management in the State of Qatar," said the CEO of QFMA . (QNA)