Doha, Qatar, 25 January 2011

The QFC Regulatory Authority has authorised Concordia Capital LLC to conduct business in and from the Qatar Financial Centre. 

Concordia Capital’s authorisation as a PIIB Prudential Category 4 firm permits it to advise on investments, as well as to arrange credit facilities, deals in investments, and the provision of custody services.

Media Contacts:
Jeremy Hunt - QFCRA  
T: +974 4495 6702  
F: +974 4483 0894
E: j.hunt@qfcra.com 

  
About the QFC Regulatory Authority
The QFC Regulatory Authority is an independent regulatory body established by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modelled closely on that used in major financial centres. Further details are available on the website www.qfcra.com

About the Qatar Financial Centre
The Qatar Financial Centre (QFC) is a financial and business centre established by the Government of Qatar and located in Doha. It has been designed to attract international financial services institutions and major multi-national corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region. The QFC operates to international standards and provides a first class legal and business infrastructure for those doing business within the QFC. The QFC was created by QFC Law No.(7) of Qatar and has been open for business since 1 May 2005.