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QFMA to apply new investor relation rules as of October

QFMA to apply new investor relation rules as of October
The IR rules will be effective for all listed companies as of 1 October 2019

Mubasher: The Qatar Financial Markets Authority (QFMA) on Monday announced approving a raft of requirements for investor relation practices (IR rules) that will become part of the Qatar Stock Exchange’s (QSE) rulebook.

The IR rules will be effective for all listed companies as of 1 October 2019, an official source at the QSE said on Monday.

Under these rules, listed firms will be obliged to appoint an investor relations officer, launch a dedicated investor relations section on its website, hold at least one investor call conference, and submit an annual report to QSE on the company’s compliance with the IR rules and requirements.

The QSE’s general index added 38.36 points, or 0.36%, to close at 10,727.53 points on Monday.