Birdwatch Note Rating
2023-11-04 14:20:16 UTC - HELPFUL
Rated by Participant: EAAADC486BEC765CB80C28EBDD3840C9F6DC8E167AB07EB7E30E8A3CD21982FC
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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