Welcome to Doha Exchange Company, a pioneering institution in Qatar's financial landscape, proudly serving since 1979. At Doha Exchange, we prioritize trust, integrity, and regulatory compliance, ensuring our customers' peace of mind and the protection of the financial system.
At Doha Exchange, we prioritize maintaining the utmost integrity and regulatory compliance. Fundamental to this pledge is our robust Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Policy. This policy underscores our unwavering dedication to ethical business practices and strict adherence to relevant laws and regulations, including Qatar Central Bank Regulations and Qatar's ML TF laws (Law No. (20) of 2019, targeting money laundering and terrorism financing, and Law No. 27 of 2019, combating terrorism).
Key Policy Highlights:
• Adherence to AML/CFT Policy and Procedures in strict accordance with Qatar Central Bank regulations, actively safeguarding against financial crimes.
• Meticulous collection and verification of customer identification details to ensure compliance with legislative requirements.
• Continuous monitoring of transactions to identify any suspicious activities, utilizing risk-based approaches and advanced tools.
• Enhanced due diligence processes for high-risk customers and transactions to mitigate potential risks.
• Prompt reporting of unusual activities to relevant authorities and full cooperation with law enforcement agencies.
• Regular training for our staff on AML and CFT policies to keep them updated on laws and regulations.
• Non-engagement in transactions involving virtual or crypto currencies.
Implementation Measures:
• Clear reporting lines to ensure accountability, with specialized AML and CFT Compliance functions supporting business units.
• Meticulous implementation and monitoring of procedures and controls to adhere to local laws and regulations.
• Comprehensive records maintenance of customer identification, transactions, and employee training in compliance with regulations.
• Continuous monitoring of customer activities to detect and prevent illicit financial activities.
• Cooperation with lawful requests for information from competent authorities while maintaining customer confidentiality.
Our commitment to integrity and regulatory compliance is unwavering. We continuously review and update our AML/CFT Policy to adapt to evolving regulatory requirements and emerging risks, ensuring the protection of our business and the financial system's integrity.
Experience the difference with Doha Exchange – where trust, integrity, and compliance meet excellence in financial services.
