This code was produced by: Qatar Financial Markets Authority (QFMA)
The Authority took the initiative to develop a Code of Governance for listed companies with rules and provisions derived from the recommendations of international institutions concerned with corporate governance, particularly: the International Organization of Securities Commissions (IOSCO), the Organization for Economic Co-operation and Development (OECD), the recommendations of the International Sustainability Standards Board (ISSB), and the International Corporate Governance Network (ICGN), in addition to the best regional and international practices in this field, in a manner in line with the determinants of the Qatari financial market.
This Code addresses ten topics encompassing the duties and responsibilities of the Board, its
composition and membership requirements, the Board practices and conflicts of interest, Board committees, senior executive management, the internal control system, the remuneration and incentives policy and principles, communication between the Board and shareholders, corporate governance disclosure, and the companies in which the government is a stakeholder.
This Code addresses ten topics encompassing the duties and responsibilities of the Board, its
composition and membership requirements, the Board practices and conflicts of interest, Board committees, senior executive management, the internal control system, the remuneration and incentives policy and principles, communication between the Board and shareholders, corporate governance disclosure, and the companies in which the government is a stakeholder.