Document background
The Compliance Risk Assessment Questionnaire serves as a critical tool for organizations operating in Saudi Arabia to evaluate their compliance with local regulations and international standards. It is typically used during annual compliance reviews, following regulatory changes, or when establishing new business operations in Saudi Arabia. The questionnaire covers various risk areas including regulatory compliance, corporate governance, anti-money laundering, counter-terrorism financing, and data protection. This document helps organizations identify potential compliance gaps, assess risk levels, and develop appropriate mitigation strategies while ensuring alignment with Saudi Arabia's evolving regulatory landscape, particularly in the context of Vision 2030 reforms. It is designed to be comprehensive yet adaptable to different industry sectors and organizational sizes.
