QFCA definition

QFCA means the Qatar Financial Centre Authority.
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Examples of QFCA in a sentence

  • If the QFCA does advise the Licensed Firm of any objections or conditions of acceptance then it may call for such further information from the Licensed Firm and such other parties as it considers necessary or appropriate, and shall make a final determination within thirty (30) days of receipt of such information.

  • These QFCA Rules are made pursuant to Article 12 of the QFC Authority Regulations.The QFCA Rules shall apply to all Licensed Firms and where specified in Table 1 below to Authorised Firms in respect of a Relevant Requirement.

  • The QFCA Rules also apply to Applicants, as relevant, and references to Licensed or Authorised Firms shall include, where the context requires, Applicants to become Licensed or Authorised Firms.

  • If the QFCA does not send any objections or notice of conditions in writing to the Licensed Firm within thirty (30) days following such date the Registered Function Notice shall be deemed to have been accepted unconditionally by the QFCA.

  • Should a Licensed Firm fail to pay by the due date then, without limiting the right of the QFCA to take any other action, the sum due will be increased by 1% for each calendar month, or part of a calendar month, that it remains outstanding beyond the due date.

  • The QFCA may reduce, waive or refund all or part of any fee if, having considered the exceptional circumstances of a particular case, it deems it would be equitable to do so.

  • In such cases the QFCA will notify the Applicant as soon as reasonably practicable of the amount of the supplementary fee.

  • The QFCA may also charge fees as specified in Schedule 4 or otherwise by notice for various services requested by Licensed or Authorised Firms not mandated by any Relevant Requirement but are otherwise consistent with the QFCA’s Objectives.

  • Licensed Firm's Assessment of Individuals Before registering an individual as conducting a Registered Function with the QFCA, a Licensed Firm must make reasonable enquiries as to an individual's fitness and propriety to carry out a Registered Function.

  • Multiple Appointments An individual may carry on Registered Functions for more than one Licensed Firm provided that: each such Licensed Firm confirms to the QFCA: that it is aware of the Registered Functions which that individual carries out for any other Licensed Firm; that it is satisfied that no conflict of interest will arise from the performance by that individual of those Registered Functions for such other Licensed Firm; and the QFCA is satisfied that no such conflicts of interest will arise.

Related to QFCA

  • QFC has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).

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  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

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  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

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  • Federal Clean Air Act means Chapter 85 (§ 7401 et seq.) of Title 42 of the United States Code.

  • Incoterms 2010 means the International Commercial Terms, which are a series of pre-defined commercial terms published by the International Chamber of Commerce and are a trademark of the International Chamber of Commerce.