The Qatar Central Bank (“QCB”) recently announced that companies seeking to provide comparisons of insurance policies through website should submit applications to receive the required licence from the bank.
The QCB added that the instructions concerning the licensing of websites comparing policies and prices of insurance are intended to regularise the operation of such service providers. Additional information may be accessed through QCB’s official website. This requirement aligns with the QCB’s commitment to regularising and upgrading the financial sector in Qatar.
