 | | Lone female
CMC member
against quota
for women |
 SHEIKHA
AL JUFAIRI, who made history in 2003 when she won election to
the Central Municipal Council (CMC) from the Airport constituency,
the first woman in the GCC ever to win a municipal election,
is against reservation of seats for women in the CMC as demanded
by many. In an exclusive interview with Qatar Tribune, Sheikha
al Jufairi answered a number of... |
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|  |  | | Yemen´s ´Aborted´ Revolution |
 TOYemenis,
violence in the streets and threats of state collapse are nothing
new. Despite reports portraying the protests in Yemen as something
of a revolution, democratic change has little possibility of
success. President Ali Abdullah Saleh is essentially a figurehead;
whether he stays or goes, the regime of technocrats and thugs
he represents is unlikely. |
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| |  | | SOMERSAULT ON
GAZA WAR REPORT |
| WE have a new verb, "to Goldstone."
Its meaning: To make a finding, and then partially retract it
for uncertain motive. Etymology: the strange actions of a respected
South African Jewish jurist under intense pressure from Israel,
the US Congress and world Jewish groups. Richard Goldstone is
an author of the "Goldstone Report," an investigation
of Israel´s military campaign in Gaza... |
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Proposals for captive insurance sector issued
TRIBUNE NEWS NETWORK
DOHA THE QFC Regulatory Authority has released two consultation papers that describe changes to the regulatory environment for captive insurers, captive managers and insurance intermediaries operating in and from the Qatar Financial Centre (the “QFC”).
The proposals are designed to underpin the development of a regional hub for captive insurance and captive managers centred in Qatar, a Regulatory Authority press release said on Sunday.
In undertaking this development, the Regulatory Authority will continue to provide a robust and risk-based regulatory regime for captive insurers and captive managers that promotes bestpractice international standards.
The proposed regime provides an opportunity for industry and commercial enterprises in Qatar, the GCC and the international community to establish captive insurers in the QFC and to use these entities as an efficient risk management tool.
The new insurance regime of the Regulatory Authority will include a dedicated rulebook for captive insurers, the “Captive Insurance Business Rules”, and a dedicated rulebook for captive managers and insurance intermediaries, the “Insurance Mediation Business Rules”.
These drafts rules are also being made available today for public consultation.
The two Consultation Papers follow a preliminary Consultation paper that was sent out for comment in June last year to all authorised firms, captive insurers, and captive managers.
The responses from the industry greatly assisted the Regulatory Authority in developing draft rules that create the appropriate regulatory regime for the QFC.
The Regulatory Authority Deputy CEO, Michael Ryan welcomed these latest Consultation Papers saying: “Qatar’s insurance market is expected to see substantial growth over the coming years and the Regulatory Authority’s proposed rules are designed to ensure that the appropriate regulatory structure is in place to support the growth of a stable and world-class insurance sector.’’ Feedback on these proposals will assist the Regulatory Authority in the further development of these regimes, its regulatory approach and the preparation of final rules.
The consultation period for responses is open until May5, 2011.
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