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

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

Many financial institutions rely on multiple, disconnected technology platforms to manage KYC activities, from data ...

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 The Act defines a politically exposed person (PEP) as “an individual who is or has been entrusted with prominent functions on behalf of the State, including a Head of ...

One change was widely pre-advertised. People who have a prominent public function in the government are described as politically exposed persons (PEPs) and foreign PEPs (including their family members ...

Prime Minister Joseph Muscat said this morning that he has not yet seen the names of 'politically exposed persons' who could be on the list of HSBC Geneve account holders. The government was ...

By Duruthu Edirimuni Chandrasekera View (s): With the escalating political unrest private banks are increasingly shedding relationships with Politically Exposed Persons (PEP), officials in the banking ...

Politically exposed persons are still capturing lands at ridiculous prices," he said. He argued that citizens should be able to enjoy their properties in peace and should not face constant ...