FAQ – Risk Evaluation Questionnaire
31st January 2023
A key tool to conduct effective risk-based supervision is the information the FIAU has on each subject person it supervises. Regulation 19 of the PMLFTR empowers the FIAU to request periodical reports from subject persons which enable it to gather all the information it deems necessary to fulfil its supervisory functions on a risk-sensitive basis. Thus, through the completion of the yearly risk evaluation questionnaire, subject persons assist the FIAU in carrying out its supervisory function in an effective risk-based manner. The purpose of this document is to provide further guidance to subject persons on the REQ exercise.