Birdwatch Note Rating
2023-11-03 19:25:52 UTC - HELPFUL
Rated by Participant: 70BBDDB2EBEC85A582A881C7546C43D62B838F864CC04FE06F4FD998C4E382D9
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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