Financial evaluation means preparing evaluation studies for listed entities and entities subject to the QFMA’s jurisdiction, or entities wish to be listed, or unlisted companies to be merged with listed company, a subsidiary of a listed company or merging a listed company for the purpose of listing in the financial markets in order to increase capital, Initial Public Offerings (IPOs), private offering, acquisition, merger, restructuring or any other purpose may be considered by the applicant entity for evaluation. No person shall conduct financial evaluation for any process related, directly or indirectly, to listed entities or entities subject to the QFMA’s jurisdiction, unless registered in the financial evaluators’ list prepared for this purpose by the QFMA.​​​​​​