Birdwatch Note Rating
2023-11-05 17:35:56 UTC - HELPFUL
Rated by Participant: 643EE667907377DDB45D47E13D58A3A249A0393D2F55298AC90CC79D3B066C2D
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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