On Mar. 18, BEL CB published periodic questionnaires on AML/CFT.
BEL CB published circular NBB_2025_04 which discusses details of the periodic questionnaires on the prevention of money laundering and terrorist financing.
Follows BEL CB Mar. 2024 published AML/CFT periodic questionnaires, see #204627.
Questionnaires
Obtain standardized info from financial institutions to strengthen risk-based approach to statutory supervisory powers in fight against money laundering, terrorist financing.
To conduct risk assessments for supervised financial institutions and set supervisory priorities accordingly, BEL CB must have information on both the inherent ML/FT risks these institutions face and the effectiveness of their risk management measures.
Residual ML/FT risks/supervisory priorities can then be determined for each institution.
