PEP: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, December 2015, p39.) |
imported>Doug Williamson (Expand to other officials.) |
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An aspect of 'known your customer' principles, requiring financial intermediaries and others engaged in financial transactions to rigorously check their customers’ identities. | An aspect of 'known your customer' principles, requiring financial intermediaries and others engaged in financial transactions to rigorously check their customers’ identities. | ||
An example of a 'politically exposed person' would be a government official, particularly one from a more corrupt jurisdiction. | An example of a 'politically exposed person' would be a government official or other official, particularly one from a more corrupt jurisdiction. | ||
Revision as of 09:36, 11 December 2015
Politically Exposed Person.
An aspect of 'known your customer' principles, requiring financial intermediaries and others engaged in financial transactions to rigorously check their customers’ identities.
An example of a 'politically exposed person' would be a government official or other official, particularly one from a more corrupt jurisdiction.
See also
