Politically Exposed Persons are individuals who exercise or have exercised a prominent public function. PEP 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.