Regulatory Alerts2025-11-11
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Omni-Risk Return Industry Workshop Presentations
The Financial Sector Conduct Authority (FSCA) has introduced the Omni-Risk Return, a comprehensive data collection framework requiring financial institutions to report detailed information across group structure, geographical presence, governance practices, and customer segmentation. This mandatory return enables supervisors to simultaneously assess cross-border complexity, remuneration culture, non-compliance exposure, and AML/CFT risks by evaluating how specific data points influence institutional risk scoring. The framework operates alongside existing financial statements but demands granular, sector-specific disclosures to evaluate governance independence, customer vulnerability, and operational resilience ahead of its full implementation in 2026.
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