إطار مكافحة غسل الأموال وتمويل الإرهاب
Anti-Money Laundering, Counter Financing of Terrorism, and Counter Financing of Proliferation — our commitment to safeguarding the integrity of the global financial system.
Anti-Money Laundering · Counter Financing of Terrorism · Counter Financing of Proliferation
ABQ Finance Limited, as a wholly-owned subsidiary of Ahli Bank Q.P.S.C. (the "Guarantor"), operates under the comprehensive AML, CFT & CFP compliance framework established by the Bank. Ahli Bank Q.P.S.C. was established in the State of Qatar in 1983 and is licensed, regulated, and supervised by the Qatar Central Bank (QCB). The Bank is listed on the Qatar Stock Exchange (QE) under reference code ABQK.
Money laundering, financing of terrorism, and financing the proliferation of weapons of mass destruction represent global threats to the stability of financial systems. Ahli Bank Q.P.S.C. is committed to actively safeguarding the integrity of the financial sector by implementing robust controls aligned with international standards and Qatari regulatory requirements.
The framework is built upon the following legislative and regulatory instruments:
Combating Money Laundering and Terrorism Financing
The primary legislative instrument governing AML/CFT obligations for all financial institutions operating in the State of Qatar, aligned with FATF recommendations.
Qatar Central Bank AML, CFT & CFP Regulations
Issued by the Qatar Central Bank to financial institutions, prescribing detailed operational requirements for compliance with the national AML/CFT law.
Financial Action Task Force Recommendations
The international standard-setting body whose 40 Recommendations form the basis of coordinated global responses to money laundering, terrorist financing, and proliferation financing.
To ensure compliance with Qatari law, FATF Recommendations, and QCB regulations, Ahli Bank Q.P.S.C. has developed and implemented a comprehensive "AML, CFT & CFP Policy and Procedures Manual", approved by the Board of Directors. The Manual safeguards the Bank and its subsidiaries — including ABQ Finance Limited — from money laundering and terrorism financing risks.
Identification and assessment of potential money laundering, terrorist financing, and proliferation financing risks relevant to the Bank's activities.
Rigorous customer acceptance criteria to ensure compliance before onboarding new relationships.
Formal customer identification process aligned with regulatory requirements for verifying identity and beneficial ownership.
Customer risk-based classification system to assign appropriate levels of due diligence and ongoing monitoring.
Comprehensive KYC procedures including ongoing verification, document collection, and periodic updates of customer information.
Enhanced identification, risk assessment, and ongoing monitoring of Politically Exposed Persons (PEPs) and their associates.
Enhanced due diligence measures for high-risk customers, complex structures, and correspondent banking relationships.
Automated rule-based transaction monitoring system to detect unusual patterns and generate exception alerts for investigation.
Real-time scanning of names against international and local blacklists, including UN, OFAC, EU, and QCB sanctions lists.
Internal procedures for monitoring and reporting suspicious persons and transactions to Qatar Financial Information Unit (QFIU).
All wire transfer channels interfaced with the AML system for beneficiary screening against sanction lists prior to transmission.
Ongoing staff training on KYC, AML, CFT & CFP awareness including relevant laws, recommendations, and regulatory updates.
Shell Bank Prohibition
The Bank is strictly prohibited from conducting any relationship or establishing, maintaining, administering, or managing an account for, or on behalf of, a shell bank — in full compliance with international anti-money laundering standards and QCB directives.
Ahli Bank Q.P.S.C. is a FATCA-Compliant Financial Institution with Reporting Model 1 FFI status. The Bank maintains full compliance with US tax reporting requirements through the inter-governmental agreement framework.
ABQ GIIN
9B5U0P.00000.LE.634
ABC (Brokerage) GIIN
9B5U0P.00001.ME.634
Ahli Bank commenced CRS Annual Reporting in 2018, collecting tax residency status information from customers through specific due diligence forms for Individuals, Entities, and Controlling Persons in accordance with CRS standards and OECD guidelines.
Tax Identification Number (TIN)
5000838938
Issuing Authority
General Tax Authority (GTA) / Ministry of Finance (MOF)
All directors, officers, and employees of ABQ Finance Limited and Ahli Bank Q.P.S.C. are bound by a strict Code of Ethics designed to maintain the highest standards of professional and personal conduct.
Strict protocols to identify, disclose, and manage situations where personal interests could interfere with the objective performance of duties.
Absolute confidentiality of non-public information, adhering to international data privacy standards to protect stakeholder and investor data.
Zero tolerance for insider trading or market manipulation. Full compliance with QFMA regulations regarding price-sensitive information.
Prohibition of any form of bribe or improper inducement in all jurisdictions where we operate, in line with international best practices.
A secure, confidential channel for reporting unethical behavior or policy breaches without fear of retaliation.
Comprehensive record keeping and retention requirements for all customer and transaction data as mandated by QCB regulations.
All debt securities issued by ABQ Finance Limited are unconditionally and irrevocably guaranteed by Ahli Bank Q.P.S.C. (the "Guarantor"), a public shareholding company regulated by the Qatar Central Bank.
Head of Compliance
Khaldoun Al-Khateeb
Last Policy Update
1 May 2024
Regulatory Bodies
QCB · QFMA · QFIU
c/o Maples Corporate Services Limited, PO Box 309, Ugland House, George Town, Grand Cayman, KY1-1104, Cayman Islands
Exempted company with limited liability, Reg. No. 309204 — Cayman Islands (Incorporated 3 March 2016)
CR No. 8989 — Ahli Bank Q.P.S.C., State of Qatar (Established 1983)
For more information on Ahli Bank Q.P.S.C. and regulatory authorities: