The Qatar Financial Markets Authority (QFMA) is preparing to issue a draft regulation on the use of artificial intelligence (AI) within the country’s financial market. In a statement to Qatar News Agency (QNA), Ali Beraik Shafeea, Acting Director of Securities Offering and Listing Affairs at QFMA, highlighted both the opportunities and challenges AI presents for regulatory bodies. Understanding AI is critical, he noted, to effectively regulate its use in the financial sector.
The draft regulation is expected to be released soon, marking a significant step in QFMA’s ongoing efforts to regulate AI usage in Qatar. This announcement came during the 50th Annual Meeting of the International Organization of Securities Commissions (IOSCO) held in Qatar from May 12–14, 2025.
Shafeea emphasized that Qatar’s hosting of the IOSCO conference, which oversees 95% of the world’s securities markets, is a milestone that boosts investor confidence in the Qatari capital market. Several key projects were discussed at the event, including capacity building for nations needing legislative and technical support, financial sustainability, environmentally conscious investment, and financial technology.
Additionally, Shafeea pointed out QFMA’s 63-initiative strategy for 2023–2027, as well as its 98-initiative financial sector strategy, which aims to regulate new financial products, including AI technologies, to ensure a sustainable and regulated financial ecosystem in Qatar.
