QFCRA plans new framework for funds targeting high-net-worth investors ...Qatar

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QFCRA plans new framework for funds targeting high-net-worth investors
The Qatar Financial Centre Regulatory Authority (QFCRA) is seeking to put in place a framework for helping the registered firms incorporate new type of fund structure that focuses on high-net-worth investors. In this regard, the QFCRA is proposing a comprehensive updating and broadening of the regulatory framework for professional investor funds in the QFC, which is aiming to be the epicentre of the asset management industry. The rules will create a new type of fund structure – the certified professional investor fund – focusing on high-net-worth investors. This new fund structure will complement the broad array of private and public fund structures already in place at the QFC. “Qatar

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