What are Politically Exposed Persons (PEP)?

PEP scope and definition

Politically Exposed Persons are individuals who exercise or have exercised a prominent public function. PEPs carry a higher risk regarding their positions that can be used for the purpose of illegal activities such as financial crimes.

• Government officials

  • Heads of state

  • Legislation, administration, military, judiciary executives

  • Member of a national government or European Commission

  • Parliamentarian

• Senior executives

  • Board members or directors in international or state-owned firms

  • Executives of an international organization

• Political party officials

  • Senior officials

Immediate family members and close associates of a PEP are also considered Politically Exposed Persons.

Politically Exposed Persons can invest through Roundtable, but are subject to additional AML/CFT due diligence.