From template to answers in the case file
Every firm gets a risk questionnaire, a UBO declaration, a PEP declaration and a source of funds declaration. On top of that come templates for every profession, such as an onboarding, an authorisation and a periodic review. RiskResolve maintains the system templates, and you decide whether to take an update.
You build your own questionnaire in the editor, dragging questions into place. A question or section can have a condition, so your client only sees it after a particular answer. Forms have the same conditions per field and per section. You send a questionnaire or form as an action, and your client completes it in the client portal, on its own or as a step in a procedure.
The answers are kept with their date in the case file and go into the PDF export. The risk questionnaire counts towards the due diligence progress, and for a PEP the case file also asks for the source of funds declaration. After screening, the higher level of screening and questionnaire applies. Without a hit, screening gives Medium risk by default.
The templates and the Wwft
The risk questionnaire supports Article 3(2)(c) Wwft, establishing the purpose and intended nature of the business relationship, and the risk assessment per client. The UBO declaration ties in with Article 3 of the Wwft Implementation Decree 2018.
The PEP declaration and the source of funds declaration belong with Article 8(6) Wwft, which for a PEP requires establishing the source of wealth and funds.
Frequently asked questions
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