Birdwatch Note Rating
2023-11-03 19:35:46 UTC - HELPFUL
Rated by Participant: 5D21FC79966E916E24289F85893C7B762237DD31AA6AA6A7C335A5B2B3C8309A
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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