Qatar’s single window committee for capital market to ease and streamline listings

Qatar’s single window committee for capital market to ease and streamline listings

Qatar - The proposed single window committee is expected to ease and streamline the listing process in the Qatar’s capital market, leading the country’s bourse to see brisk activities on an expected faster approval of listings and instruments in the future, according to experts.

"As the name suggests, there is no need to apply in various authorities. This, in itself, will cut down the time taken for the approval. The (opportunity) cost (towards listing) also comes down in the process," an analyst with a leading brokerage house said.

Early last month, the Qatar Financial Markets Authority (QFMA) issued a resolution to establish a "Single Window Committee for the Capital Market" with the goal of reducing time and effort and significantly simplifying procedures for companies whose activities are related to the financial markets in the country.

“The move makes it easier for the issuers to process their applications,” he said, adding the stage is set for smooth and speedier initial public offerings (IPOs) and follow-on issues as well as other instruments such as exchange traded funds and derivatives.

According to Dr Tami bin Ahmed al-Binali, QFMA chief executive officer, the establishment of a "Single Window Committee for the Capital Market" represents an important step forward