IMF Staff Country Reports

Qatar: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

Publication Date:

October 2, 2008

Electronic Access:

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Summary:

Qatar’s report on the Observance of Standards and Codes for the Financial Action Task Force Recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is described. The two sectors that compose the financial system, the domestic sector and the Qatar Financial Center, are subject to different sets of preventive measures, which vary in depth and comprehensiveness. The allocation of resources to AML/CFT appears to be uneven, particularly in view of the rapid development and diversification of the economy.

Series:

Country Report No. 2008/321

Subject:

Anti-money laundering and combating the financing of terrorism (AML/CFT) Crime Legal support in revenue administration Money laundering Revenue administration Terrorism financing