The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has unveiled a new policy regime for those providing legal services in the QFC for prospective applicants. The new policy, effective with immediate effect, sets out the conditions to prospective applicants intending to provide legal services in or from the QFC, ensuring that these firms have a “positive” economic impact on Qatar. The new guidance has set forth four conditions under which the international law firms may be licensed in the QFC. The firm has to be ranked by Legal 500, Chambers and Partners, or by a similar reputable ranking acceptable to the QFC Authority. The firm has to conduct m
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