Governance & Compliance
Regulatory Status
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Al Awael Captive Insurance Co. is fully authorized and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA).
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We operate under the QFC Captive Insurance Business Rules, providing tailored insurance solutions exclusively to companies within the Seven Brothers Group.
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Our operations are designed to meet the highest international standards of accountability and oversight.
QFC Registration Number: 00838
Commitment to AML/CFT
We are fully committed to upholding the highest standards of transparency and integrity.
Al Awael Captive Insurance has implemented a robust Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) program that ensures strict compliance with all QFCRA regulations.
Our program includes:
- Comprehensive customer due diligence
- Ongoing transaction monitoring
- Regular staff training and awareness programs
- Independent compliance oversight and reporting
Corporate Governance
Our governance framework ensures transparency, accountability, and effective risk management across all operations.
It is built on three key pillars:
- Board Oversight: Strategic direction and operational review.
- Compliance Function: Dedicated team to oversee regulatory obligations and ensure ongoing compliance.
- Internal Audit: Continuous evaluation of processes to identify and mitigate risks effectively.
Regulatory Status
-
Al Awael Captive Insurance Co. is fully authorized and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA).
-
We operate under the QFC Captive Insurance Business Rules, providing tailored insurance solutions exclusively to companies within the Seven Brothers Group.
-
Our operations are designed to meet the highest international standards of accountability and oversight.
Commitment to AML/CFT
We are fully committed to upholding the highest standards of transparency and integrity.
Al Awael Captive Insurance has implemented a robust Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) program that ensures strict compliance with all QFCRA regulations.
Our program includes:
- Comprehensive customer due diligence
- Ongoing transaction monitoring
- Regular staff training and awareness programs
- Independent compliance oversight and reporting
Corporate Governance
Our governance framework ensures transparency, accountability, and effective risk management across all operations.
It is built on three key pillars:
- Board Oversight: Strategic direction and operational review.
- Compliance Function: Dedicated team to oversee regulatory obligations and ensure ongoing compliance.
- Internal Audit: Continuous evaluation of processes to identify and mitigate risks effectively.
