Supreme Judiciary Council (SJC) has signed a Memorandum of Understanding (MoU) with Qatar Central Securities Depository (QCSD), with the aim of sharing information for the implementation of court orders. The MoU has been signed in the presence of the President of SJC and the President of the Court of Cassation, HE Dr. Hassan bin Lahdan Al Hassan Al Mohannadi.
Judge Dr. Mansour Nasser Al Qahtani, SJC Chief Executive Officer (CEO) , and Mr. Misnad bin Abdullatif Al Misnad, QCSD CEO, have signed the MoU.This MoU comes within the framework of facilitating QCSD in implementing judicial orders in line with its rules of engagement via electronic link. This is according to information sent online from the SJC system, immediately after receiving them on QCSD systems, in case that information sent from the SJC system is identical to information registered in the QSCD system.
It is noted that QCSD is the entity that is competent and legally licensed to preserve, record, manage, possess, process clearance and settle stocks, their derivatives and other financial tools, as well as provide all relevant financial services in the State of Qatar.