A Politically Exposed Person (PEP) is someone who holds, or has held, a prominent public position. This includes politicians, senior government officials, judges, and high-ranking military officers. PEPs can also include their immediate family members and close associates.
What do I need to do if someone involved is a PEP?
- Provide the following details:
- Full name of the PEP
- Their public position or official role
- Their relationship to your company (e.g., owner, director, close associate)
- Be aware that applications involving a PEP may require additional review time to ensure regulatory compliance.
If you have questions about whether someone qualifies as a PEP, or need help submitting the required information, please reach out to our support team.