Politically Exposed Persons, or PEPs, have been a topic of interest for many years and the term has been written into multiple pieces of compliance legislation around the world. Yet there is still no single global definition of a PEP.
View the Accuity ‘What is a Politically Exposed Person?’ infographic which identifies, in simple terms:
- What FATF and the EU 5th Anti-Money Laundering Directive say about PEPs
- The different ways of categorising PEPs
- How to conduct thorough PEP due diligence