QCB

Qatar Central Bank

Middle East
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Jurisdiction
Qatar
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Regulations
1
Open Banking frameworks
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Region
Middle East
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Type
NCA
National Competent Authority

About QCB

The Qatar Central Bank (QCB) is the primary financial regulatory authority in Qatar responsible for overseeing open banking and financial services. As a National Competent Authority (NCA), QCB ensures that banks and third-party providers comply with open banking regulations, protecting consumers while fostering innovation in financial services.

SCA Update: The QCB regulates the financial sector and supervises banks. Qatar's National Fintech Strategy positions open banking as a cornerstone of financial market infrastructure.

Regulations Overseen

QCB is responsible for enforcing and monitoring compliance with the following open banking and financial regulations:

Key Responsibilities

Licensing and authorizing Third-Party Providers (TPPs) including AISPs and PISPs
Ensuring banks provide secure API access to authorized third parties
Monitoring compliance with Strong Customer Authentication (SCA) requirements
Investigating complaints and enforcing consumer protection standards
Publishing guidance and technical standards for open banking implementation
Coordinating with other regulators on cross-border open banking matters

Official Resources

Related Regulators

Other open banking regulators in Middle East:

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