The Qatar Central Bank, established by Emiri Decree No. 15 of
1993, was constituted as the state monetary authority in the State
of Qatar, which assumed the functions of its predecessor, the Qatar
Monetary Agency. QCB functions in accordance with Law No. 13 of
2012 on the Qatar Central Bank and the Regulation of Financial
Institutions ("QCB Law") and lays down
and regulates monetary, credit and banking policies in support of
the national economy through general decisions, directions and
regulations issued from time to time which constitute the Qatar
Central Bank Regulations.
The QCB Law's banking and financial regulatory role focuses
on the supervision of financial institutions, including banks,
exchange houses, investment companies, insurance companies,
financial and leasing companies and their representative offices.
The QCB also manages its reserves in foreign assets, organises and
manages banks' clearing operations and payments systems,
conducts studies and