Birdwatch Note Rating
2023-11-03 16:06:05 UTC - HELPFUL
Rated by Participant: C3186CBCB2F798B1E245C46CB312921CEDC2072B8519481BC9AFA0D1948129F3
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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