Update Qatar – CM C

2024, Cross-border, Update

Country Manual Credits – Qatar BRP Update 2024

BRP has updated its Country Manual Credits for Qatar out of bank’s country of establishment (DEF, BT and RT)

Source of changesAnswers
Law / RegulationNo
New Position of the AuthoritiesNo
Evolution of Expert’s InterpretationNo

Regulatory Template

Material changes

The Country Manual has been reviewed to ensure that the content of all documents remains accurate and up-to-date. We can confirm that there have been no relevant legal or regulatory changes in Qatar since the last update.

Non-material changes

The documents have been reformatted onto the latest templates. Some content has been reworded, without introducing material changes, to provide more clarity and align the content with the latest Private Banking Manual. Some content has been explained more in detail and/or reworded to provide more clarity and align the content with the latest Private Banking Manual.

Behavior Template

The answers in the BT have been aligned to those contained in the RT.

Definitions and Concepts

The document Definitions and Concepts now includes a Concordance Table. This Table is designed to help the users of the Country Manual Credits easily recognize existing or potential interactions between the rules of different types of credits.

For more information, please contact us: info@brpsa.com

Geneva, March 22nd 2024