Compliance Risk Assessment Questionnaire Template for Philippines

1. Organization Information: Basic details about the organization being assessed, including legal name, registration details, industry sector, and key contacts

2. Assessment Overview: Purpose of the assessment, scope, methodology, and rating criteria explanation

3. Regulatory Framework Compliance: Questions regarding compliance with relevant Philippine laws and regulations, including AMLA, Data Privacy Act, and other applicable regulations

4. Corporate Governance Assessment: Evaluation of governance structure, policies, and procedures including board oversight and management responsibilities

5. Risk Management Framework: Assessment of risk identification, measurement, monitoring, and control systems

6. Internal Controls Evaluation: Review of internal control systems, procedures, and their effectiveness

7. Training and Awareness: Assessment of staff training programs, compliance awareness, and culture

8. Reporting and Documentation: Evaluation of reporting mechanisms, record-keeping, and documentation practices

9. Technology and Security: Assessment of IT systems, cybersecurity measures, and data protection controls

1. Risk Rating Matrix: Detailed scoring criteria and risk rating methodology

2. Regulatory Requirements Checklist: Comprehensive checklist of applicable Philippine regulatory requirements

3. Documentation Checklist: List of required documents and evidence to support compliance assessment

4. Action Plan Template: Template for documenting remediation plans for identified compliance gaps

5. Previous Assessment Summary: Summary of previous assessment findings and status of remediation efforts

6. Regulatory Reporting Calendar: Schedule of regulatory reporting requirements and deadlines

7. Key Contacts Directory: List of relevant internal and external compliance contacts and regulatory authorities