The Financial Intelligence Analysis Unit (“FIAU”) has announced that the 2023 Risk Evaluation Questionnaire (“REQ”) is now available for completion only through the Compliance and Supervision Platform for Assessing Risk (“CASPAR”) portal. Subject persons who are not yet registered on the CASPAR portal are reminded of their obligation to do so without further delay.
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;
- Notaries; and
- Gaming Operators.
Thursday 20th April 2023:
- Trustees and Fiduciaries;
- Company Service Providers;
- Accountants and Auditors;
- Tax Advisors; and
Thursday 27th April 2023:
- Credit Institutions;
- Financial Institutions;
- Investments Service and Securities Markets; and
- Insurance and Pensions.
Subject persons operating in categories falling on different deadlines should follow the last deadline (Thursday 27th April 2023). Late submissions may result in subject persons being liable for an administrative penalty.
For further guidance, subject persons can refer to the REQ FAQs document published on 31 January 2023.
Should you require any assistance with the completion of the REQ, please do not hesitate to contact Kirsten Debono Huskinson (kirsten.debonohuskinson@camilleripreziosi.com), Kyra Borg (kyra.borg@camilleripreziosi.com) or Peter Mizzi (peter.mizzi@camilleripreziosi.com).
