NorthRow

High-risk

Are all Politically Exposed Persons (PEPs) high-risk?

Why are PEPs high-risk, or are they not all that bad?

In the regulation of financial services, a politically exposed person (commonly known as a PEP) is one who has been appointed to a prominent public function. These individuals may have been entrusted with a high-position by a community institution, an international body or state, within the last 12 months.  … Read More

Politically Exposed Person (PEP)

Politically Exposed Person (PEP) | Low vs. high-risk

PEPs (Politically Exposed Persons) pose higher financial crime risks due to their positions. Effective PEP screening, enhanced due diligence, and compliance tools are essential to mitigate risks while enabling informed business decisions. … Read More