In this article, we will explore some of the tools and techniques that compliance professionals can use to carry out PEP checks. … Read More
Politically Exposed Persons (PEPs)
Working with Politically Exposed Persons (PEPs)
A Politically Exposed Person (PEP) is an individual who may have been entrusted with a high-position by a community institution, an international body or state, within the last 12 months. … Read More
What is a PEP?
A Politically Exposed Person (PEP) is someone who is more susceptible to being involved in bribery and corruption due to their public position or function. These individuals may have been entrusted with a high-position by a community institution, an international … Read More
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
PEPs & sanctions monitoring brochure
NorthRow’s PEPs & sanctions monitoring provides outstanding efficiency and delivers regulatory compliance. … Read More
How will the 5th Money Laundering Affect PEPs Checks?
There are several updates that differentiate 5th Money Laundering Directive (5MLD) from the 4MLD, one such difference is the definition of what actually constitutes as a Politically Exposed Person (PEP). … Read More
What Are the 7 Biggest Mistakes Firms Are Making When it Comes to PEPs & Sanctions?
There is still a great deal of confusion surrounding the client due diligence process.One area that causes the greatest confusion relates to the 4MLD approach to Politically Exposed Persons (PEPs) and Sanctions checks on individuals and entities. The following represent 7 main misconceptions relating to PEPS and Sanctions Compliance. … Read More
NorthRow’s New Improved PEPs & Sanctions Monitoring Functionality
At NorthRow we are continuously improving our single API solution to ensure our clients have access to the highest quality data and most innovative solution on the market to maximise, efficiency, to improve client experience and to help mitigate business risk for regulated companies. … Read More