The Qatar Financial Centre Regulatory Authority (QFCRA) has issued a Consultation Paper proposing a thorough update and widening of the regulatory framework for professional investor funds in the Qatar Financial Center (QFC).

Focused on high-net-worth investors, the new rules will pave way for a new type of fund structure.

This new fund structure will work in conjunction with the QFC's existing private and public fund systems.

QFCRA's updated guidelines were introduced in response to Qatar's continued growth in the investment management business, as well as investor and investment manager demand for more innovative and flexible fund structures.

The proposed new guidelines have been made available for public comment until September 30, 2021, in order to get feedback from investors and investment managers. 

According to the QFCRA, public consultation is a key part of ensuring that the rules provide added value and opportunities for the industry and investors.

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Cover Image Credit & Source: The Peninsula