1.1 Group structure
Purpose
To establish whether the financial institution (institution) operates as a standalone entity or as part of a group, and to identify the parent entity and jurisdiction.
This information supports an understanding of organisational complexity, ownership/control and here key decisions and risks may originate. It also clarifies lines of accountability and highlights potential contagion or oversight risks in complex or foreign-domiciled Groups.
1.1.2 If either (b) or (c) is selected, provide the following additional information:
1.1.2 (i) Primary jurisdiction of the parent entity of the organisational group
1.1.2 (ii) Name of the parent entity of the organisational group
1.1.2 (iii) List of all entities forming part of the organisational group
1.2 Inter-group financial transactions and shared services
Purpose
To determine the extent of reliance on intra-group financial flows and shared services.
This highlights potential intra-group dependencies, related-party exposures and structural complexities. High reliance may create concentration risks, single points of failure or vulnerabilities if Group support is withdrawn, while opaque intercompany dealings can reduce transparency and heighten supervisory concerns.
1.2.2 If either (a) or (b) is selected, provide the following additional information:
1.2.2 (i) Nature of the inter-group financial transactions and/or shared services
1.2.2 (iii) Counterparty involved (e.g. name of the group entity providing or receiving services or funding)
1.3 Beneficial owner nationality
Purpose
To identify links between beneficial owners and jurisdictions flagged as high risk by the Financial Action Task Force (FATF).
Such links may indicate elevated AML/CFT risk exposure. Information on beneficial owner nationality also supports broader AML/CFT risk assessments.
Outline escalation triggers, routes to senior management, and expected response timelines.
Governance Meeting Cadence
Purpose
Show that compliance is a standing agenda item in formal governance forums.
List relevant committees/forums, meeting frequency, and how minutes capture compliance actions.
List relevant committees/forums, meeting frequency, and how minutes capture compliance actions.