The Code was developed for Joint Stock Companies listed on any stock market that is subject to the regulation of the Qatar Financial Markets Authority. According to the Code, the board must prepare an annual Corporate Governance Report signed by the chairman. It should reflect the level of compliance with the Code. Section IX requires among others that this covers procedures followed by the company in determining, evaluating and managing significant risks, a comparative analysis of the company’s risk factors, discussion of systems in place to confront drastic or unexpected market changes as well as Internal Control procedures.
Industry sectors covered by the instrument
Organizations covered by the instrument
All listed companies
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope