QFCRA Signs Cooperation Agreement with Two Secondary Schools

The Qatar Financial Center Regulatory Authority (QFCRA) has signed a cooperation agreement with Qatar Banking Studies and Business Administration Independent Secondary School for Boys and Qatar Banking Studies and Business Administration Independent School for Girls to educate 80 students on the diversity of jobs, especially in the QFC Regulatory Authority.
A statement issued by the Authority said that the QFC Regulatory Authority will provide summer internship opportunities to students from the two schools, starting from this summer. The QFC Regulatory Authority will organise forums at the two schools' campus about the country's financial policies and regulations. 
Students will also be invited to meet with Qatari employees from the core business areas (Supervision and Authorisation, Policy and Enforcement). The Authority will also provide employment opportunities for qualified students within its scholarship program. 
The agreement was signed by QFCRA's Chief Operating Officer Eisa Ahmed Abdullah, Principal of Business Administration Independent Secondary School for Boys Ahmed Yousef Al Mahmoud and Principal of Qatar Banking Studies and Business Administration Independent School for Girls Dhabia Al Bueineen.
Eisa Ahmed Abdulla explained that in line with the Qatar National Vision 2030, the strategic partnership with the two schools aims to assist in the development of talent and inject Qatari human resources into the financial control sector in the next ten years.
He pointed out that in addition to providing a number of opportunities for banking students, which the Authority has developed as part of Al Masar learning and development programme, it also working in cooperation with the Ministry of Administrative Development to develop the Al Masar Scholarship program for secondary students wishing to work in the financial sector, which will be launched later this year.
QFCRA is an independent regulatory body established under Article 8 of the QFC Law. The Authority regulates companies that provide financial services at or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. 
The Qatar Financial Center Regulatory Authority also operates in accordance with principle-based legislation of international standard, modeled closely on that used in other major financial centres.
The Qatar Banking Studies and Business Administration Independent Secondary School for Boys (QBSBAS), started in September 2010, and the Qatar Banking Studies and Business Administration Independent Secondary School for Girls (QBSBAS) opened their doors in September 2015.
The schools are a joint initiative of the Qatar Central Bank and the Ministry of Education and Higher Education, and provide a specialised education to prepare students in grades 10-12 for careers in financial institutions including banks, financial services companies, the stock exchange, and financial regulation.

Source: QNA