What is Periodic Review?

An onboarding or review decision can contain several different questions. Keeping this concept distinct helps the team assign the right evidence and decision owner, rather than rely on a single completed status.

Choose review frequency under the applicable policy and identify information that has become stale since the last assessment. Start by defining the question the team needs to answer. Identify the relevant record or evidence, check its scope and date, and retain the reasoning behind the result. If evidence conflicts, keep that conflict visible for review.

Illustrative workflow: a team reviewing a business adds a separate check for periodic review. The reviewer’s task is to choose review frequency under the applicable policy and identify information that has become stale since the last assessment. The outcome is recorded together with the supporting evidence; an unresolved question stays open rather than being converted into a positive result.

Periodic Review belongs to the ongoing review & funding context topic family. Read Ongoing Due Diligence alongside it to understand the adjacent question. Each page has its own intended scope; shared context does not make the concepts equivalent.

The practical boundary is important: Choose review frequency under the applicable policy and identify information that has become stale since the last assessment. Do not substitute a related label for this check or assume that missing information is a negative finding. Source-specific and jurisdiction-specific rules require their own review.