The 2023 Risk Evaluation Questionnaire (“REQ”) is now available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons.
Subject persons are reminded that the REQ can only be submitted through the CASPAR portal.
The deadlines for submission of the 2023 REQ are as follows:
Thursday 13th April 2023
- Virtual Financial Assets Agents
- Virtual Financial Assets Service Providers
- Real Estate Agents
- Gaming Operators
Thursday 20th April 2023
- Trustees and Fiduciaries
- Company Service Providers
- Accountants and Auditors
- Tax Advisors
Thursday 27th April 2023
- Credit institutions
- Financial Institutions
- Investments Service and Securities Markets
- Insurance and Pensions
Subject persons operating in categories falling on different deadlines should follow the last deadline. Submission of the REQ following the respective deadlines will be considered as a late submission and may result in subject persons being liable to an administrative penalty.
The FIAU reminds subject persons who are not yet registered on the CASPAR portal, that they are obliged to do so without further delay. Guidance on the registration process can be viewed by accessing the CASPAR user guide. Once the registration is accepted, subject persons can view and complete the 2023 REQ.
Reference is made to the REQ FAQs document published on 31 January 2023 for further guidance to subject persons.