2024 Risk Evaluation Questionnaire

The 2024 REQs shall be available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons as from 29th February 2024. The FIAU has made available revised REQ specimen per sector, allowing subject persons to commence with the collation of the necessary information to meet the set deadlines. 

The FIAU will, once again, not publish sector-specific guidance ahead of the REQ submission deadline. Rather, for the purpose of assisting subject persons in completing the 2023 REQ, guidance will be made available for each question through the questionnaire itself. 

  

2023 REQs deadlines 

The 2024 REQs submission deadlines are the following:  

Thursday 11th April 2024	Thursday 18th April 2024	Thursday 25th April 2024
Virtual Financial Assets Agents  Virtual Financial Assets Service Providers  Real Estate Agents  Notaries  Gaming Operators	Trustees and Fiduciaries  Company Service Providers  Accountants and Auditors  Tax Advisors  Advocates	Credit institutions  Financial Institutions  Investments Service and Securities Markets  Insurance and Pensions

 

Subject Persons Profile 

Subject persons are also reminded of their obligation to complete the ‘Subject Person Profile’ module and to review their business risk assessment, ensuring this is accurate and up-to-date. A revised and/or updated business risk assessment is to be approved by the Board of Directors or equivalent management body. 

 

How can BDO Malta help? 

We can assist subject persons with the following services: 

• Setting up or reviewing an organisation’s Business Risk Assessment (BRAs); and 
• Assisting and guiding organisations in preparing the required REQ information. 

Want to know more?  

Get in touch