ISSA Financial Crime Compliance – Revised Questionnaire

In 2020, the ISSA Financial Crime Compliance (FCC) Working Group established a subgroup to review and, where necessary, update the ISSA Questionnaire. With the Questionnaire having already been utilized by the securities services industry for over three years, the subgroup participants had received some important feedback about what worked well and where changes were required.

The enclosed News Bulletin, outlines the background to the ISSA Principles and Questionnaire, summarises the key revisions made during the recent review of the Questionnaire as well as provides an overview of the plans to embed the questions into the SWIFT KYC Registry. A copy of the revised Questionnaire can also be found here.