2023 Risk Evaluation Questionnaires

2023 Risk Evaluation Questionnaires

The Financial Intelligence Analysis Unit (FIAU) published a notice advising subject persons of the 2023 Risk Evaluation Questionnaire (REQ) deadlines.


The 2023 REQs shall be available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons as from 1st March 2023. 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 2023 REQs submission deadlines are the following:


 Thursday 13th April 2023

Thursday 20th April 2023

Thursday 27th April 2023

Virtual Financial Assets Agents

Trustees and Fiduciaries

Credit institutions

Virtual Financial Assets Service Providers

Company Service Providers

Financial Institutions

Real Estate Agents

Accountants and Auditors

Investments Service and Securities Markets


Tax Advisors

Insurance and Pensions

Gaming operators



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.


BDO is here to help!

BDO Malta is equipped with professionals who can assist in:

  • setting up or reviewing an organisation’s business risk assessments (BRAs); and
  • assisting and guiding organisations in preparing the required REQ information.


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