All individuals and entities carrying out any relevant financial
business or relevant activity as defined in the Prevention of Money
Laundering and Funding of Terrorism Regulations (PMLFTR) are
considered to be subject persons and are required to submit the
Risk Evaluation Questionnaire (REQ).
The Financial Intelligence Analysis Unit (FIAU) is organising a
half day training session, to provide subject persons with
information on the risk assessment methodology used by the FIAU to
risk rate subject persons, an update on the changes occurring to
the REQ and guidance in completion of the REQ for the year
2020.
The training sessions will be split into 6 sessions based on the
type of sector that the subject person operates in. This training
should be attended by Money Laundering Reporting Officers (MLROs)
and/or Designated Employees (DEs).
