2024 Risk Evaluation Questionnaire

2024 Risk Evaluation Questionnaire

The Financial Intelligence Analysis Unit (FIAU) published a notice advising subject persons of the 2024 Risk Evaluation Questionnaire (REQ) deadlines. 

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. 

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Key Contacts

Get in touch with our Compliance Team