QIIB held an extensive workshop for its Board and Senior Management members, which discussed the updated corporate governance regulations issued by the Qatar Central Bank in 2022. The workshop addressed      the amendments to the new Companies Law no 8 of 2021, in addition to a number of other issues related to these two important subjects. 

The workshop took place at QIIB’s headquarters, in collaboration      with PWC Middle East, a leading professional services firm      operating in Qatar for over      40 years, and it anchored the bank’s commitment to apply the governance instructions issued by the QCB, and the governance requirements related to QE-listed shareholding companies. 

The workshop      focused on the most important legal practices and frameworks related to the governance of banks in the State, including regulations issued by the QCB and the Qatar Financial Markets Authority (QFMA), and the Commercial Companies Law and its latest amendments issued by Law no 8 of 2021. 

Furthermore, the workshop included a comparison between corporate governance regulations issued by various regulatory bodies in the State and the best practices on the regional and global level, and presented some explanations and live examples for different practices of entities and banks operating in the State. 

PwC’s experts      answered a series of questions and e     nquiries related to the topic      and shared summaries of lessons      learned from corporate practices in the field of governance, sound management, and companies law, and the prospects of their future development and positive impacts, in a way that ensures transparency and strengthens the position of companies towards various expected risks.

The workshop also discussed the increased attention to the Board’s environmental and social responsibility, the support granted to such projects, and the bank’s plans related to these two items which became at the top of the agenda for many institutions including banking institutions.

 Participants      emphasized that QIIB, as a leading bank in Qatar, is committed to comply with the governance principles, fulfill all related requirements, and continuously exert all efforts to enhance governance concepts and practices according to the best international practices. 

At the end of the meeting, thanks were extended to      Pw     C’s experts     , while emphasizing on      continued collaboration      and the increased exchange of experiences in order to consolidate the concepts of good governance and sound management in the Bank and its importance at all work levels.