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.
Heads of state
Legislation, administration, military, judiciary executives
Member of a national government or European Commission
Board members or directors in international or state-owned firms
Executives of an international organization
Political party 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.