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

The UK Financial Conduct Authority (FCA) launched in September a review of the treatment of domestic politically exposed persons (PEPs) by UK-regulated financial services firms. This review will ...

The Economic and Financial Crimes Commission (EFCC) has dismissed accusations by the African Democratic Congress (ADC) that ...

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.

SDT also orders solicitor pay £50,000 costs and imposes practice restrictions following unintentional failings.

What began as technical risk management is now a political battlefield as governments wrestle with how far banks can go in ...

Paytm Payments Bank’s failure to heed to the Reserve Bank of India’s (RBI) warnings for improving the gaps in its internal risk management, especially in flagging transactions involving ...

A Politically Exposed Person is defined by the Financial Action Task Force as an individual who is or has been entrusted with a prominent public function. Due to their position and influence, it is ...

On 18 July 2024, the FCA published feedback from its multi-firm review on the treatment of politically exposed persons (PEPs), along with a Guidance Consultation (GC24/4) proposing targeted ...

The court approved the defence's request to ban the publication of the accused man’s name on the basis that he is a politically exposed person, and the incident could have a serious impact on ...

Under the leadership of Vicente, or as one would call it, “Politically Exposed Person” (PEP), Sonangol gained an unusual degree of autonomy. In the world of financial regulation, PEP is a term ...