QFC Data Protection Regulations
Qatar
2021
Privacy
Overview
The Qatar Financial Centre (QFC) Data Protection Regulations were first enacted in 2005 and updated significantly in 2021 to align with international standards such as the GDPR. These regulations govern how licensed firms within the QFC jurisdiction collect, use, and transfer personal data, with a strong emphasis on transparency, individual rights, and data security. The framework applies to financial services firms, legal consultancies, investment advisors, corporate service providers, and other licensed entities operating under QFC. It introduces strict obligations for data controllers and processors, including breach notification, data protection impact assessments, and cross-border transfer restrictions.
Key Obligations
- Process personal data lawfully, fairly, and for specific purposes
- Obtain explicit consent where required and inform individuals of their rights
- Grant rights to access, correct, erase, object, and port personal data
- Conduct data protection impact assessments for high-risk processing activities
- Notify the QFC Data Protection Office of any data breaches without undue delay
- Limit cross-border transfers to approved jurisdictions or use safeguards like standard clauses
- Maintain detailed records of processing activities and cooperate with audits
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