Financial Crime Risk Return 202026th June 2020
The Financial Crime Risk Return for the reporting period 1 July 2019 to 30 June 2020 (the “Return”) will be available for completion on the Online Submissions Portal in July 2020. The submission deadline is 31 October 2020.
Following the Commission's previous announcements, updates made to the 2020 Return include additional questions regarding the different classifications of politically exposed persons relationships/occasional transactions and questions regarding the firm’s ownership, governance and AML/CFT controls. A list of new questions has been included within the guidance document and a template Return has been created to assist with completion. All firms required to complete the Return should consult the guidance document prior to completing the 2020 Return to ensure the correct data is provided.