Compliance Risk Assessment
Context.
A Compliance Risk Assessment (CRA) identifies the legal, regulatory, and internal-policy risks an institution faces, then prioritises action where residual risk is highest. Unlike pure customer/transaction scoring, a CRA looks enterprise-wide: obligations, control effectiveness, taxonomy, and remediation.
Constant regulatory change makes CRA a standing discipline for banks and PSPs — not a one-off workshop. Supervisors expect documented methodology, clear scoring logic, and an action plan with owners and timelines.
Pideeco builds supervisor-ready CRA methodologies for Belgian and EU financial institutions: framework, taxonomy, inherent/residual scoring, and board/MLRO packs that connect findings to concrete compliance action plans.
What we deliver.
How we work.
Scoping
We map your licence type, business lines and regulatory perimeter (NBB, CSSF, EBA and peer supervisors) to define the CRA scope for banks and PSPs.
Taxonomy & assessment
We build or refresh the compliance risk taxonomy, assess inherent risk, control effectiveness and residual risk with clear scoring rules.
Action planning
We translate findings into a prioritised remediation roadmap with owners, timelines and links to related RBA customer/transaction scoring where relevant.
Challenge & handover
We facilitate senior challenge, finalise the CRA pack and hand over templates for the annual refresh cycle.
Why Pideeco
Senior experts
Every engagement is staffed with consultants who have held senior compliance or risk roles inside financial institutions.
EU regulatory expertise
Deep familiarity with NBB, CSSF, AMF, EBA, ESMA and ECB/SSM frameworks across Belgium, Luxembourg and beyond.
Fast turnaround
We start promptly and deliver to agreed timelines - without sacrificing quality or regulatory rigour.
Frequently asked.
How is CRA different from a risk-based approach (RBA)?
CRA assesses enterprise-wide compliance risks (framework, taxonomy, action plans). RBA focuses on customer and transaction risk scoring. We offer both as distinct services under compliance consultancy.
Is the methodology suitable for Belgian and EU supervisors?
Yes - deliverables are structured for supervisor review, with documented rationale suitable for NBB, CSSF and EU peer expectations.
Ready to get started?
A senior Pideeco consultant will respond to your enquiry within one business day.