CQUR Bank LLC (“CQUR Bank”) is licensed, regulated, and supervised by the Qatar Financial Centre Regulatory Authority (“QFCRA”). Established in 2019 under a QFC License 00622, CQUR Bank adheres to all regulatory requirements and complies strictly with applicable laws, maintaining the highest integrity, transparency, and accountability standards. The Bank strongly emphasizes implementing sound governance, adequate risk management, and a robust compliance framework. This ensures the delivery of secure and reliable services to our Customers while upholding high operational excellence. CQUR Bank’s organizational and governance structure is consistent with QFCRA requirements and Regulatory Framework while aligning with the best international standards.
Core Principles and Practices:
Clear Segregation of Duties: Defined reporting lines in an up-to-date organizational chart.
Specialized Board Committees: Audit, Risk, and Nominations & Remuneration Committees.
Credit, Asset and Liability Committee: responsible for evaluating credit exposures.
Automated Anti-Money Laundering Systems: Robust systems for AML compliance.
Independent Internal Control Functions: These functions report directly to the Board of Directors and its committees, comprising Internal Audit, Compliance Oversight, and Risk Management.
Comprehensive Policies and Procedures: All products, services and activities of the Bank are governed by up-to-date policies in full compliance with the Qatar Regulatory Framework.