Birdwatch Note Rating
2023-11-04 11:29:40 UTC - HELPFUL
Rated by Participant: 28A51AD7BB9E286A93DA84529C5764D1D4CB3957653FF57B31051F54FA9C87A2
Participant Details
Original Note:
Politically Exposed Persons (PEPs) are individuals who are senior state, judicial, military or similar officials or relatives. Being banned from banking involve other factors than PEP, such as concerns that the institution has identified during their due diligence processes. https://www.lawsociety.org.uk/topics/anti-money-laundering/customer-due-diligence https://www.legislation.gov.uk/uksi/2017/692/regulation/33/made
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