Posted on July 01, 2019

The Qatar National Research Fund (QNRF) has awarded a team of international researchers drawn from Qatar University, the University of Hong Kong, the University or New South Wales and Curtin University with over QR 2 million over three years to help develop Qatar’s FinTech capacity. The project will support efforts to diversify the Qatari economy and build a future-ready financial sector that will elevate Qatar to the position of a regional FinTech and RegTech hub.

The award was made within the 11th cycle of the QNRF’s flagship grant scheme, the National Priorities Research Program (NPRP). The project is entitled: ‘FinTech and RegTech: Building a resilient, inclusive and competitive legal and regulatory framework for 21st century finance in Qatar’

The research team includes some of the most prominent and well-respected international scholars and researchers in the FinTech and RegTech space. The international team is comprised of Professor Douglas W. Arner (Kerry Holdings Professor in Law, the University of Hong Kong, Hong Kong); Professor Ross Buckley (King & Wood Mallesons Professor of Disruptive Innovation, Scientia Professor, University of New South Wales, Australia); Dr. Andrew Dahdal (Section Head, Law and Policy (Economic Diversification) Centre for Law and Development, College of Law, Qatar University, Qatar); Dr. Jon Truby (Director, Centre for Law and Development, College of Law, Qatar University, Qatar); Professor Gordon Walker (Adjunct Professor, Curtin University, Australia).

Lead Principal Investigator (LPI) for the project, Dr. Andrew Dahdal said, “It is a great benefit to Qatar to have such a renowned group of eminent experts focusing their efforts on the Qatari financial sector. In recent years, Qatari policy makers have committed to achieving the goals outlined in Qatar Vision 2030 including building human capital and a knowledge based diversified economy. This project will help realize those commitments.” The grant is also supported by the Qatar Financial Centre Regulatory Authority (QFCRA), a key stakeholder in building Qatar’s future as an important regional FinTech player.   

The project is to run from 1 June, 2019 to 1 June, 2022.