​​​​​​​​​The Licensing Department receives and considers applications for granting and licenses and its renewal of performing financial markets activities including financial operations and services conducted by a regulated financial market, a depository, a clearing company, or a financial services company, and other entities subject to the QFMA’s jurisdiction. The Department also receives and considers the applications for approved individuals for performing the regulated functions by granting licenses and approval. In addition to that, the Department is responsible of registration application for external auditors and financial evaluators who are eligible to work to the listed entities or entities subject to the QFMA’s jurisdiction as well as the approval of Listing advisors in the Venture Market. The requirements, controls, procedures for granting licenses and the standards of practicing the activity shall be decided by the Board of Directors pursuant to the provisions of the Law.