QFMA Holds its 2nd Corporate Governance Conference

Qatar Financial Markets Authority “QFMA” organized the 2nd Corporate Governance Conference for listed companies in cooperation with Hawkamah Center to discuss corporate governance practices at the local and international levels.

The conference hosted speakers from international organizations and universities, and involved a number of workshops presented by experts and specialists on corporate governance reporting, stock split and a third workshop on Anti-Money Laundering in financial markets.

This conference together with its events coincide with the new Governance Code has entered into effect in May 2018. The Code requires the listed companies and legal entities to make structural changes in their business processes, such as adopting clear business strategies, establishing risk departments, having independent members within the Board of Directors, and shifting to a detailed reporting style replacing the old methodology that adopted the principle of (Comply or Explain).