The EFCC has intensified scrutiny of politically exposed persons suspected of falsely declaring assets to evade investigation ...

OK, here's a great thing. Under current banking regulations, after all the reforms of the last 20 years, there's now a category called a "politically exposed person," PEP.

Bank Regulators Clarify Due-Diligence Requirements for Politically Exposed Persons Five agencies said in a joint statement that the level of risk associated with politically exposed individuals varies ...

Date 7/13/2023 9:09:19 AM Author: Áine Clancy MENAFN bank Political online ...

Regulators’ Joint Statement Attempts to Clarify AML Expectations Regarding Potential Corrupt Actors - On August 21, the Treasury ...

In August 2017, a national daily had reported that the commission was still investigating some high-profile cases involving over 100 politically-exposed persons and top-ranking public officers.

U.K. Financial Regulator to Review Bank Treatment of Politically Exposed Persons The review comes after a private bank’s decision to close the account of Brexit proponent Nigel Farage By ...

The review of rules on politically exposed persons, or PEPs, is part of a wider look at "debanking", a hot topic since private bank Coutts closed the accounts of Nigel Farage, who now leads the ...

These cases highlight the challenges associated with politically exposed persons (PEPs), a term referring to individuals in prominent public roles and their close associates, as defined by a 2020 ...

For expatriate, potentially politically exposed, high-earning individuals who occasionally or regularly transfer funds abroad, these rules could become all too familiar. The Money Laundering Reporting ...

Politically exposed persons are understood to be persons entrusted with prominent public functions, their immediate family members or persons known to be close associates of such persons. Public ...