Belgium Financial Services and Markets Authority published a circular explaining what information obliged entities must provide and how to transmit it through its annual questionnaire, which it uses to assess the compliance and effectiveness of firms’ systems for preventing money laundering and terrorist financing (ML/TF) as part of its ongoing supervisory powers.
Belgium Financial Services and Markets Authority 2025-04-01
Belgium Financial Services and Markets Authority sets out annual questionnaire to assess obliged entities’ money laundering and terrorist financing controls
The Belgium Financial Services and Markets Authority issued a circular detailing the information required from obliged entities and the transmission method via its annual questionnaire. This initiative aims to evaluate the compliance and effectiveness of firms' systems in preventing money laundering and terrorist financing as part of its supervisory duties.